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Economics No Longer Make Keystone XL Pipeline Viable

2014-11-14 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CNBC: A House vote on Keystone will likely come on Friday, with a Senate vote likely on Tuesday. CNBC's Eamon Javers why the Keystone Pipeline is suddenly viable again. What if they voted for a pipeline but nobody came? As Congress rushes to approve the long-delayed Keystone XL pipeline, it is questionable whether or not the project will make as much of a difference as proponents expect. Since June, crude oil has declined by 28 percent, pushing the price that oil from new wells in Canada may command...

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