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The keys to Keystone XL success are in oil supply and demand, flows and prices

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Escuchar: The keys to Keystone XL success are in oil supply and demand, flows and prices

Keystone XL faces a final regulatory hurdle in Nebraska, and there are still concerns whether the crude oil pipeline makes economic sense for TransCanada. Senior oil editor Meghan Gordon delves into whether recent news events and an ever-changing supply and demand situation will justify the controversial pipeline. She speaks with Allan Fogwill, president and CEO of the Canadian Energy Research Institute, about production from Western Canada's oil sands, Venezuela potentially leaving a need for heavy crude and how prices factor into decisions.


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