Replies to post #167 on TransCanada Corporation (TRP)

[eFinanceMarkets]

Report: State Department to approve Keystone pipeline permit
The Trump administration will approve TransCanada's (TRP +1.1%) Keystone XL oil pipeline by Monday, reversing former Pres. Obama’s controversial decision, Politico reports.
The undersecretary for political affairs plans to sign the pipeline’s cross-border permit on or before Monday, the last day for the 60-day timeline that Pres. Donald Trump ordered in January, according to the report.
While the permit will eliminate a crucial barrier for the pipeline, other hurdles still remain, including winning approval for the project in Nebraska and from landowners there who have denied it the right of way.

[benfrankledger]

“We do have various conditions attached, [and] I believe the conditions are manageable,” Miller said, without disclosing the terms from shippers.