AOL.com Video - Keystone XL Pipeline: TransCanada Poised to Reapply for Permit

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Keystone XL Pipeline: TransCanada Poised to Reapply for Permit

Description:TransCanada Corp said on Monday it aims to build the southern leg of its $7 billion Keystone XL oil pipeline first, skirting a full-blown federal review and heightening competition to move crude out of the glutted Cushing, Oklahoma, storage hub. TransCanada said it wants to have the southern portion of the 830,000 barrel a day pipeline, running to Texas refineries on the Gulf Coast, in service by mid- to late 2013. (1:47)

Source: IBTimesTV

Tags: ibtimestv , keystone xl pipel , keystone xl pipeline build sourthen leg , keystone xl pipeline permit