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New report criticizes TransCanada on ethics, safety

A new report from the Friends of the Earth paints a terrible picture of the business practices of TransCanada, the company seeking to build a pipeline to carry tar sands crude oil from Alberta, Canada to the Gulf Coast of Texas. The report is entitled “Dirty Business: How TransCanada Pipelines bullies farmers, manipulates oil markets, threatens fresh water and skimps on safety in the United States.” In related news, the National Wildlife Federation and the Natural Resources Defense Council joined Sen. Ron Wyden in calling on the Federal Trade Commission to investigate alleged manipulation of the oil market by TransCanada to boost their profits

Jul 31, 2020
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A new report from the Friends of the Earth paints a terrible picture of the business practices of TransCanada, the company seeking to build a pipeline to carry tar sands crude oil from Alberta, Canada to the Gulf Coast of Texas.
The reportis entitled “Dirty Business: How TransCanada Pipelines bullies farmers, manipulates oil markets, threatens fresh water and skimps on safety in the United States.”
In related news, the National Wildlife Federation and the Natural Resources Defense Council joined Sen. Ron Wyden in calling on the Federal Trade Commission to investigate alleged manipulation of the oil market by TransCanada to boost their profits. In a letterto the FTC chairman, the two groups argue that statements by TransCanada officials that the new pipeline will actually increase the price of oil in the U.S. warrant a full investigation.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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