WASHINGTON (Sputnik) — "TransCanada is making a political statement in an election year, not presenting a viable legal strategy, though it's infuriating NAFTA [North American Free Trade Agreement], gives the corporation a second bite at the apple," Snape said.
On April 18, US District Court for the Southern District of Texas proceedings will begin in the case of TransCanada Corporation against US Secretary of State John Kerry for Obama’s denial of the Keystone XL pipeline.
"It's hard to believe a US court would think TransCanada has a better idea of the national interest than the President of the country himself," Snape said. He said he thinks the odds of the case succeeding are slim to none.
"Both the US case and the NAFTA tribunal are long shots because Congress clearly gave the President authority to make these types of decisions and that's what our chief executive does," Snape said.
On November 6, Obama rejected construction of the Keystone pipeline, which was expected to bring more than 300,000 barrels of oil daily to US refineries. Proponents argued that the Keystone initiative would create jobs and reduce US dependency on foreign oil imports from unstable countries.