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Pipe ready to become part of the Keystone XL pipeline near Ripley, Okla.
Pipe ready to become part of the Keystone XL pipeline near Ripley, Okla.
(Sue Ogrocki/ASSOCIATED PRESS)

What are the odds that Keystone XL gets approved?

Despite Prime Minister Stephen Harper’s description of TransCanada Corp.’s proposed Keystone XL pipeline as a “no brainer”, oil patch sentiment is far less certain on the chances of the project’s success.

At an RBC global energy and power conference in New York this week, executives from a trio of companies participating in an oil sands panel publicly pegged odds of approval for the contentious TransCanada Corp. project above 70 per cent.