Delays by the U.S. in reviewing Keystone XL are helping build momentum for an oil pipeline to Canada ’s East Coast. TransCanada Corp. (TRP) , the company proposing the $5.4 billion conduit to connect Alberta ’s oil sands with U.S. Gulf Coast refiners, may have an easier path to approval with its alternative to the nation’s Atlantic Coast. The C$12 billion ($11 billion) Energy East would be North America ’s largest oil line, with capacity to ship 1.1 million barrels a day. “We view the Energy East project a step in the right direction,” Thomas Mulcair , leader of the federal New Democratic Party , said at the Bloomberg Canada Economic Summit yesterday in Toronto. The opposition leader prefers the project over Keystone because it would support Canadian “value-added” jobs by supplying refineries in Eastern Canada. While shipping oil-sands crude across the country to the port of Saint John, […]