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OTTAWA — TransCanada said on Wednesday that it would seek $15 billion in damages over the Obama administration’s decision to cancel the company’s Keystone XL pipeline project.
The company is taking the unusual step of suing through the North American Free Trade Agreement, calling the decision “arbitrary and unjustified.” The Canadian business also filed a lawsuit in Houston asking that the decision be overturned.
Oil is trading at $32, there's no need for that nasty bitumen crap from Canada, the only thing the pipeline would do is raise the price of gas in the midwest (and yes, that actually is in the Keystone XL business plan as being one of their goals) Keystone Weirdonomics Means Gas Prices Won
Your "continue" to crash is from two years ago . . . .
This whole mess is years out of date.
TransCanada is likely trying this an attempted Cash Grab. Else they are heading for broke, too.
Tar Sand Oil is going under. (no loss, there).
But no fan of the Oil trains, either . . . but those empty tank cars are now parked for Miles and Miles of remote track.
Stuff is all relics from the last Century. Really we just need to be done with Oil and take US off Oil for Ground Transportation. We could end all imported Oil.
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