It's becoming highly possible TransCanada will drop the project on their own.
yep. I have 100 shares of TRP which I bought six years ago at about 36 dollars per share. I should have sold at $58 back in September when it peaked. I was holding out for $70 and it seemed headed in that direction at the time. Today it is about 45 dollars and falling.
Oh, well. I paid $2.69 per gallon for fuel yesterday, so I guess there's a silver lining. I fill up my car about once every three weeks and it holds 12 gallons, so getting a dollar off per gallon saves me about 200 dollars per year. It's not a bad trade-off really.