Keystone Pipeline Challenge Rejected by Top Texas Court

Bloomberg: TransCanada Corp. (TRP)’s power to condemn land as a common carrier won’t be reviewed by the Texas Supreme Court in one of four state-court challenges against the Keystone XL pipeline, which will carry Canadian tar-sands oil to the Texas coast. The Texas Supreme Court today refused to hear a challenge by Rhinoceros Ventures Group Inc., whose property lies near the industry refinery hub at Beaumont, Texas. The court denied the petition without comment. The landowners had urged the court to use......

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