November 17, 2014 at 10:00 AM
The Economics Of Keystone XL With Guest Host Jessica Yellin.
Some of more than 350 miles of pipe awaiting shipment for the Keystone XL oil pipeline is stored at Welspun Tubular, in Little Rock, Ark., Wednesday, Aug. 20, 2014. (AP)
The Keystone Pipeline is closer than ever to being built. We look at the politics and the economics of Keystone.
This week the US Senate will vote on the fate of the long delayed Keystone XL pipeline. If it passes, the President is likely to veto the measure, setting up a showdown with his critics in Congress — including some members of his own party. The pipeline would bring crude oil from Canada to refineries on the Gulf Coast. Supporters say it will bring jobs, economic growth, and greater energy independence. But opponents insist it’s an environmental disaster waiting to happen. This hour On Point, pipeline politics, economics, science and the symbolism of Keystone.
– Jessica Yellin