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Description: President Barack Obama is in no hurry to decide whether construction of TransCanada Corp.’s $5.4 billion Keystone XL pipeline serves U.S. national interests, the next step in measuring its worthiness.

Source: Bloomberg.com

Date: Jan 31, 2014

Link: http://www.bloomberg.com/news/2014-01-31/obama-s-keystone-options-shrink-as-state-downplays-impact.html

Questions for Discussions:

  • Summarize the state of affairs surrounding the Keystone project to date.
  • Why is this decision so wrapped up in politics?
  • How do you think it will play out and how should investors deal with the options available?

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