Environmentalists accidentally win keystone xl fight
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Jim West/ZUMA Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free _Mother Jones Daily_. It looks like environmentalists have accidentally won a
battle after all: > KEYSTONE XL IS FACING A NEW CHALLENGE: THE OIL PRODUCERS AND > REFINERS THE PIPELINE WAS ORIGINALLY MEANT TO SERVE AREN’T > INTERESTED IN IT ANYMORE. > >
….Much has changed in the oil markets since TransCanada first > filed an application with the State Department in 2008 for a > cross-border permit….Refiners want the flexibility of
being able > to buy oil from wherever it is cheapest. In a world awash in > low-price oil, CANADIAN CRUDE DOESN’T LOOK AS ATTRACTIVE AS IT > ONCE DID….Meanwhile, uncertainty about
output growth from > Canada’s oil sands has given producers pause about signing > long-term agreements for space on a pipeline they may not need, > people familiar with the matter
say. Oh well. It was being built with foreign steel anyway.