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Reuters: The head of pipeline company Enbridge Inc (ENB.TO) said on Wednesday that the Obama administration's rejection of the Keystone XL line may be a threat to other new pipeline projects, including its planned C$5.5. billion ($5.45 billion) Northern Gateway line.
Chief Executive Pat Daniel conceded that Enbridge, whose lines carry the bulk of Canada's crude exports to the United States, may see some short term benefit from the U.S. decision on Wednesday to deny TransCanada Corp's (TRP.TO) Keystone......
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Keystone denial a threat to Gateway line: Enbridge
Posted by Washington Post: Juliet Eilperin on January 19th, 2012
Posted in Water Conservation