Midstream & Transport Monitor - June 17, 2011
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The U.S. Department of State is currently reviewing an application from TransCanada to build the Keystone XL pipeline to transport oil sands output from Alberta, Canada, to the Gulf Coast. A recent report from IHS CERA stated that if the U.S. government rejects the project, it would potentially harm U.S.-Canada relations and leave the U.S. more reliant on distant oil supplies.