While TransCanada (TRP) CEO Russ Girling expects U.S. passage of the Keystone pipeline, he...

|About: TransCanada Corporation (TRP)|By:, SA News Editor

While TransCanada (TRP) CEO Russ Girling expects U.S. passage of the Keystone pipeline, he proposes to ship oil 3K miles to the Atlantic Coast, allowing producers to send it by tanker to the Gulf of Mexico. The eastern route makes sense because of rising production from Alberta, and "you don’t need a presidential permit to bring oil into the Gulf Coast."