Quote:
Originally Posted by taylorbob1
That said...it was announced on Inauguration Day that the Keystone Pipeline is being shut-down by the new administration (via executive order).
Thus, the US will no longer be energy independent. Which means Middle East oil imports will be necessary.
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The pipeline hasn't been completed yet. Halting construction will have no effect on oil imports or prices relative to what they are now because the pipeline isn't yet being used to move oil.
FWIW, I support the pipeline, but there is value in seeing things for what they are.
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