Keystone XL Tar Sands Pipeline: Raising US Oil Prices

Fact Sheet
March 26, 2012

Although the White House rejected the presidential permit for Keystone XL in January 2012, pipeline backers have cited high U.S. gas prices as a reason to expedite pipeline approval for the section from the Midwest to the Gulf Coast. There is no credible evidence, however, that gas prices would decline if Keystone XL was constructed—especially not the southern segment. The truth is, the Keystone XL tar sands pipeline could actually add to our nation's pain at the pump.