This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Daryl Hannah Arrested In Texas Protesting Pipeline

TransCanada says its pipeline would be the safest ever built, and that the crude is no dirtier than oil currently arriving from Venezuela or parts of California.

The issue became politically charged when congressional Republicans gave President Barack Obama 60 days to decide whether TransCanada should be granted the necessary permit for the pipeline to cross an international border before snaking its way 1,700 miles south to the Texas coast.

Obama, saying his administration did not have enough time to study the potential environmental impacts, denied the permit in January.

However, he encouraged TransCanada to reroute the northern portion of the pipeline to avoid an environmentally sensitive area of Nebraska. He also promised to expedite permitting of a southern portion of the pipeline from Cushing, Okla., to the Gulf Coast to relieve a bottleneck at the Cushing refinery.

TransCanada began construction of that portion of the pipeline this summer after receiving the necessary permits. Some Texas landowners, joined by activists from outside the state, have tried through various protests to stop or slow down construction.

___

Plushnick-Masti can be followed on Twitter at https://twitter.com/RamitMastiAP .

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs