ST Alpha - "regarding Keystone XL, it's mostly symbolic at this point. nobody's pumping billions into it until the oil price recovers." (Reading a Post)

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regarding Keystone XL, it's mostly symbolic at this point. nobody's pumping billions into it until the oil price recovers.

Posted by mafic Jan 29 '15, 17:55

they pass it, Obama vetos, "he's anti-business!", mission accomplished. they'll have another crack at it when someone actually wants to build it again.

Responses:

Do we know what price they need to justify finishing the project? -- nm - GregW Jan 29, 18:45 1
- I'd say at least $80. -- nm - mafic Jan 29, 22:13
yup. especially since we already have enough pipe lines active for current capacity -- nm - decline Jan 29, 18:18
agreed....nm - x Jan 29, 18:10
Not like a pipeline is finished overnight anyhow. -- nm - budice Jan 29, 18:01

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regarding Keystone XL, it's mostly symbolic at this point. nobody's pumping billions into it until the oil price recovers.

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