Building the Keystone XL pipeline meant that Canadian Oil producers would have had a ready pathway to sales of their product - pipe it to refineries in the states and then to the Gulf Coast to ship.
Barry vetoed this with the petulant use of his pen and phone - now this decision is coming home to roost. From the Canadian Broadcasting Corporation
TransCanada formally seeks NAFTA damages in Keystone XL rejection
TransCanada Corp. is formally requesting arbitration over U.S. President Barack Obama's rejection of the Keystone XL pipeline, seeking $15 billion US in damages, the company said in legal papers dated Friday.
TransCanada submitted a notice for an arbitration claim in January and had then tried to negotiate with the U.S. government to "reach an amicable settlement," the company said in files posted on the pipeline's website.
Heh - NAFTA works both ways Barry - we are as much beholden to follow it as our neighbors to the North and South. It is not something that we can pick and choose to agree to.
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