Final decision on Keystone XL pipeline may end up in Nebraska’s hands – Mining.com

November 17, 2014

The odds of TransCanada Corp.’s (TSX, NYSE:TRP) controversial Keystone XL pipeline getting approved increased last week after the Republican-controlled U.S. House of Representatives passed a bill supporting the project.

And while tomorrow is the Senate’s turn to vote on the long-delayed $5.4 billion project, analysts believe the pipeline’s fate is unlikely to be sealed then. Instead, chances are the Nebraska Public Service Commission will have the final saying, as a state court ruled in February that a hastily-passed state law that gave outgoing Republican governor Dave Heineman power to approve a new route for the pipeline in 2013 was unconstitutional.

Read More: http://www.mining.com/final-decision-on-keystone-xl-pipeline-may-end-up-in-nebraskas-hands-54862/