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Keystone XL ruling not expected until 2015

  • Arguments over the planned route of TransCanada's (NYSE:TRP) Keystone XL $5.4B pipeline will soon be heard by the Nebraska Supreme Court, but a ruling regarding the controversial project is likely to be delayed until next year.
  • Now in its sixth year of debate, the pipeline continues to face opposition from politicians, landowners and regulators, and ultimately lies in the hands of President Obama to make a final decision on whether to approve or veto the project.

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