“A Keystone Pipeline That’s Ready to Roll”

The Oklahoma-to-Texas portion of the Keystone Gulf pipeline should be complete by the end of October, and in operation by the end of the year or early-2014. Oil traders and energy investors are watching the project closely because it will help relieve the glut of oil bottlenecked in Oklahoma’s Cushing oil hub.


While debate has raged around the 1,179-mile northern leg of the Keystone XL, which aims to bring heavy crude from the oil sands of western Canada into the U.S. and requires federal approval because it crosses international borders, TransCanada has spent the past year quietly building the southern leg. Although most people haven’t paid it much attention, oil investors have been watching like hawks.

Read more at: www.businessweek.com


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