"Keystone XL Pipeline May No Longer Make Economic Sense, Experts Say"

"WASHINGTON — Amid the shouting on Capitol Hill, the wads of campaign cash and the activist careers shaped around the Keystone XL pipeline, the project at the flash point of America's energy debate now confronts a problem bigger than politics. It may no longer pencil out.

As Congress' six-year obsession with Keystone nears a climax, plunging oil prices have industry analysts questioning whether the plan to link Canadian tar sands with Gulf Coast refineries still makes economic sense.

It is now possible that pipeline backers could win their hard-fought battle for political approval yet never build the project."

Evan Halper reports for the Tribune Washington Bureau December 15, 2014.

SEE ALSO:

"Keystone Builder Tells Landowners It Is Still Committed To Pipeline" (The Hill)

"Will Cheap Oil Kill Keystone?" (Politico)

Tuesday, December 16, 2014
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