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Bloomberg: Trump to order approvals for Keystone, Dakota Access pipelines

Jan. 24, 2017 10:13 AM ETTC Energy Corporation (TRP) Stock, TRP:CA StockTRP, SXL, ETBy: Carl Surran, SA News Editor182 Comments
  • Pres. Trump intends to sign two executive actions today that would advance construction of the Keystone XL and Dakota Access pipelines, Bloomberg reports, citing a senior administration official.
  • TransCanada's (TRP +2.1%) Keystone pipeline was rejected under former Pres. Obama, and Energy Transfer Partners' (ETP +2%) Dakota Access project was stalled when the Obama administration halted work on land near Lake Oahe in North Dakota amid protests by Native American groups.
  • Also: ETE +2.4%, SXL +1.6%.

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