Could economics stop construction of Keystone XL pipeline?


Some energy observers are speculating that what protesters and legal action have been unable to do in stopping development of the controversial Keystone XL pipeline, perhaps the economic conditions will be able to do.

Weak oil demand and cheap alternative sources mean pipeline developer TC Energy should consider putting construction plans on pause — perhaps forever, said Charles Mason, chair in petroleum and natural gas economics at the University of Wyoming, according to the Omaha World-Herald.

Click here to read the Omaha World-Herald story.