Finally, TransCanada Corp. (NYSE: TRP) Will Build the Keystone Oil Pipeline - Sort of

Turns out the Keystone oil pipeline will be built - at least, part of it. TransCanada Corp. (NYSE: TRP), the Calgary-based energy company trying to get the project approved, said yesterday (Monday) it would seek immediate approval to start building the southern half of the pipeline that runs from Oklahoma to Texas. That segment doesn't need a presidential permit because it doesn't cross a U.S. border. TransCanada said the southern portion of the Keystone oil pipeline will allow

Investment