Study: Keystone Pipeline Would Raise Gas Prices - Spokane, North Idaho News & Weather KHQ.com

Study: Keystone Pipeline Would Raise Gas Prices

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HUFFINGTONPOST.COM - The Natural Resources Defense Council on Tuesday released a report dispelling the myth that the proposed Keystone XL tar sands pipeline would lower gas prices. Rather, the opposite is true, findings show.

On a conference call with reporters on Tuesday, report author and NRDC attorney Anthony Swift called the pipeline's impact on gasoline prices "one of the most misunderstood issues surrounding the proposed Keystone XL," adding that when TransCanada originally proposed the pipeline, they pitched it as a way to increase the cost of oil in the United States, providing increased revenue for Canadian producers. Since then, proponents of the pipeline in the United States have pitched it as a means of decreasing U.S. gasoline prices. click here to read more

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