Keystone Pipeline: Oil Price Drop Will Worsen Climate Impact, EPA Warns Falling oil prices could mean higher carbon pollution for the controversial pipeline, a finding that gives Obama new cause to reject the project
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'Disaster': Trump Administration Signs Off on Keystone XL Pipeline
Koch Borthers are the Largest Lease Holders in Canadian Tar Sands Activists argue that the Kochs do have a stake in the outcome of the Keystone XL battle because the pipeline would drive down crude oil transportation costs, benefiting all oil sands lease holders.
For First Time, TransCanada Says Tar Sands Flowing to Gulf in Keystone XL South Steve Horn DeSmogBlog / News Report Published: Tuesday 6 May 2014 TransCanada admitted for the first time that tar sands oil is now flowing through Keystone XL’s southern leg, now rebranded the Gulf Coast Pipeline Project. The company confirmed the pipeline activity in its 2014 quarter one earnings call.
The EPA told the State Department approving Keystone would risk potential spills, a "significant increase in greenhouse gas emissions," and due to global oil price volatility, an increased likelihood that much more tar sands oil would get burned.