“TransCanada Corp gave the green light to building a $12 billion oil pipeline to ship Canada’s Western oil sands crude to refiners on its east coast and beyond, scaling up the project as its U.S.-bound Keystone XL line remains stalled in Washington. The company said it would move forward with building a 1.1 million barrel per day Energy East Pipeline after “strong market support.” That would be larger than the 850,000 bpd capacity it had mentioned in April, when it first began seeking customer commitments for the project. TransCanada is also likely to face stiff resistance from some groups over the construction of the line.”
http://www.rawstory.com/rs/2013/08/01/as-keystone-stalls-transcanada-oks-bigger-east-coast-pipeline/
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