TransCanada's request to pause State Department review of Keystone XL oil pipeline may help it sidestep President Barack Obama's likely rejection of project, Bloomberg Intelligence analyst Rob Barnett writes. "If a Democrat takes the White House in 2016, the oil pipeline will almost certainly be rejected. A Republican victory is probably the best hope for approving the transport project that is critical to Canada's oil-sands development," he writes Related news: TransCanada Keystone Pause Seen G
Source: Bloomberg.com news