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TransCanada Pipeline Threatened by Proposed Nebraska Re-Routing

TransCanada Corp.’s Keystone XL pipeline may be threatened by legislation in Nebraska that would re-route the $7 billion project designed to bring Canadian crude to refineries on the Gulf of Mexico.

At a special session on Nov. 1, Nebraskan lawmakers will consider a bill aimed at forcing Calgary-based TransCanada to move the pipeline to the state’s eastern edge, a step that company officials said may put the project in jeopardy.