Another debt ceiling debacle could sink the economy
Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write. This time could be worse. Read more at Counterparties
TransCanada could reapply with new pipeline route: source
WASHINGTON |
WASHINGTON (Reuters) - TransCanada could reapply to build its Keystone XL crude oil pipeline from Canada to Texas after the Obama administration's expected decision to reject the conduit, a source familiar with the matter said on Wednesday.
"They can always reapply," said the source, who spoke on condition of anonymity. "It (the expected rejection) doesn't predetermine future applications. That is always the case. They could always submit a new application with a revised route."
(Reporting By Arshad Mohammed; Editing by Sandra Maler)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Answer: Because that’ll save the oil company money in the long run. They’re heedless of safety and they couldn’t care about keeping the pipeline safe, nor would they care about any possibility of it being a target for terrorism.



Follow Reuters