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News Story
7/16/2013
Posted by Mark Reback
The last thing Americans, or the American economy needs, is another jump at the gas pump. A new report by Consumer Watchdog finds that's what America will get if the president approves Keystone XL pipeline: a 25 cent to 40 cent gas price hike in the Midwest, and pain at the pump all the way to California. Environmental security has rightfully...
News Story
7/16/2013
Posted by Mark Reback
A Consumer Watchdog report released Tuesday said Keystone XL would push retail gasoline prices 20 to 40 cents a gallon higher if approved, with prices spiking most in the Midwest. If built, Keystone XL would cut the discount  Canadian oil now sells for in relation to international  benchmark crudes, the group said. Midwestern drivers...
News Story
7/16/2013
Posted by Mark Reback
The pipeline would transport oil from fields in Canada down to the Gulf States, but Consumer Watchdog says the impact is much greater. "Gas prices in America, gas prices in the Midwest, gas prices in California, are going to go up," says Consumer Watchdog Executive Director Jamie Court. Court estimates the price of gas in California...
News Story
7/16/2013
Posted by Mark Reback
via Consumer Watchdog One of the most common arguments for exploiting the Canadian tar sands and building the Keystone XL pipeline is that it will make the US more energy independent and reduce fuel costs. Challenging this view is a new report (pdf) released today by Consumer Watchdog that finds that the pipeline will instead raise gasoline...
News Story
7/16/2013
Posted by Mark Reback
There are many good reasons why approving the Keystone XL pipeline is a bad idea. But not many factor the possibility of higher gas prices into the equation. According to a new report from Consumer Watchdog, that is likely to happen. In particular, drivers in the Midwest would see increases at the pump ranging from 25 to 40 cents per gallon. This...
Video
7/16/2013
Posted by Mark Reback
July 16 (Bloomberg) -- Billionaire Tom Steyer, founder of Farallon Capital Management LLC, talks about today's release of a report by the non-profit organization Consumer Watchdog that says completion of TransCanada Corp.'s Keystone XL pipeline will raise gas prices in the U.S. Steyer speaks with Betty Liu on Bloomberg Television’s...