TransCanada, the company that was stiffed by the Obama administration when they rejected the Keystone pipeline, is suing the federal government, saying the president exceeded his constitutional authority when he refused to allow the pipeline to cross the American border. The company is also making a separate claim under NAFTA and is seeking more than $15 billion in costs and damages. Washington Examiner: TransCanada, which proposed the pipeline project to connect Canada's oil sands in Alberta with U.S. refiners on the Gulf Coast, on Wednesday filed a lawsuit in U.S. Federal Court in Houston, "asserting that the president's decision to deny construction of Keystone XL exceeded his power under the U.S. Constitution," according to the company. The administration squashed the project after a record seven years of review, saying the project would increase greenhouse gas emissions and worsen climate change. "TransCanada's legal actions challenge...(Read Full Post)