Breaking News - New Tar Sands Pipeline Goes East to Follow the Path of Least Resistance

It would appear that TransCanada is pursuing the path of least resistance in the announcement of yet another pipeline. Unlike the Keystone XL and the Northern Gateway, TransCanada is expecting far less opposition to the proposed Energy East Pipeline project that would ferry tar sands oil from Alberta to New Brunswick.

On Thursday August 1, 2013, TransCanada President and CEO Russ Girling announced the new Energy East Pipeline during a news conference in Calgary, Alberta. The planned $12 billion oil pipeline will ship Western Canada's tar sands crude to refiners on its east coast. From there it will be shipped to markets around the world.