Keystone XL pipeline builder TransCanada is in the business of transporting oil to its customers, preferably by pipelines, but it's CEO has stated for the first time it will turn to "more costly and and controversial rail" to fill the pipeline gap.
Don't expect President Obama to issue a yes or no decision on whether to build TransCanada's Keystone XL pipeline until after the November elections. A pending Nebraska court case and millions of public comments were given as the reason for the delay
The public is increasingly showing support for hydraulic fracturing of oil and gas - and it's reflected at the ballot box as many pro-drilling candidates were elected. In fact, the debate has shifted from banning to what to do with new tax revenue.