Tuesday, July 16, 2013

Report: Midwest Gas Prices Would Rise If Keystone Pipeline Is Built

Credit:  ReutersThe Keystone XL pipeline, if built, would cause gas prices in the Midwest to rise by as much as 40 cents per gallon, according to a report being released Tuesday by a consumer group.

Consumer Watchdog, a California group that has released numerous reports over the years about the petroleum industry, claims the pipeline will restrict oil supplies in the U.S. as exporting to other countries picks up.  The result: rising oil prices with the ripple effect extending to gas and diesel prices.

Report: Midwest Gas Prices Would Rise If Keystone Pipeline Is Built

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