Canadian Firm to Proceed with Southern Leg of Keystone Pipeline

TransCanada will build oil-sands pipeline from OK to TX Gulf Coast while pursuing permits for northern-US segment

The Keystone XL battle isn't over. TransCanada, the Canadian company behind the controversial pipeline, says it will proceed immediately with a shorter version of the project south from Oklahoma to refineries on the Texas Gulf Coast. It will also continue to seek a new permit for the segment through the northern U.S.

(More on the Keystone pipeline's future . . . )

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