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Pipeline Politics
What Do Low Oil Prices Mean for Keystone?
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  • FriendlyGoat

    But, do we know whether the Keystone investors really can and will go forward at these oil prices? Is tar-sand oil viable during a glut of other oil? Or are we now down to debating whether Republicans will “score points” in a pet debate that suddenly “doesn’t deserve the attention that has been heaped upon it”?

  • Josephbleau

    If justification of the capital investment to investors is your main question at issue for approval, why not approve it and see if they build it? Will it hurt anything to approve it if they decide not to build it after approval (perhaps you are worried about the high cost of printing the aproval up in the Federal Register?) The real winner in this stall is the owners of the railroads that now haul the oil for high profits (this would be Warren Buffet). Perhaps he is being rewarded by Obama with more profits for creating the Buffet Tax issue in the last election.

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