Home > U.S. > Keystone XL Pipeline Survives Politics But Economics Could Plug It
breaking-news

Keystone XL Pipeline Survives Politics But Economics Could Plug It

The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics.

Low oil prices and the high cost of extracting Canadian crude from oil sands are casting new doubts on Keystone XL as executives with the Canadian company that wants to build it face the final regulatory hurdle next week in Nebraska.

The pipeline proposed in 2008 has faced dozens of state and federal delays, many of them prompted by environmental groups who ultimately persuaded …read more

Read more:
breaking-news
Roosters v Cowboys, Power in thriller over Saints, Knights finally win and more: Australia sportwatch – live!

Live updates from around the country on a busy day of sportAFL: Power beat Saints; Kangaroos beat Demons; Giants beat...

Close