TransCanada Up on Pipeline Approval News

TransCanada's (NYSE: TRP) Keystone pipeline has been making headlines for a decade now. This week, the XL pipeline gained a 3-2 approval to run through Nebraska.

In this week's episode of Industry Focus: Energy and Industrials, analysts Sarah Priestley and Taylor Muckerman talk about what this approval could mean for TransCanada, and what big issues the company still has to face before the pipeline gets flowing. Also, the two talk about OPEC's upcoming meeting in Vienna -- what it could mean for the worldwide price of oil, what news to watch out for, if and when we might see a supply demand balance, and more.

A full transcript follows the video.

Source: Fool.com