Analyzing TransCanada’s move to abandon Energy East

News 1130 interviewed Werner Antweiler, a professor at the UBC Sauder School of Business, after TransCanada opted not to go ahead with the Energy East pipeline.

Speaking about the Keystone XL pipeline he said “this is a project that will get oil to the U.S. market where it has traditionally gone. This is one that has low shipping cost, low risk. It has a lot of things going for it.”