Marketplace®

Daily business news and economic stories

The economics of Keystone in an era of cheap oil

Pipeline is at top of agenda of Republican-controlled Congress. Why?

Back when the Keystone XL pipeline was proposed in 2008, oil hit an all-time high and traded at over $140 a barrel. But oil has crashed, trading below $50 on Monday.

Approval of the pipeline is at the top of the agenda for the new Republican-controlled Congress. The question is: What is the energy rationale for and against the project in a period of cheap oil?

Click the media player above to hear more.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    9 hours ago
    25:19
  • Make Me Smart
    15 hours ago
    19:00
  • Marketplace Morning Report
    17 hours ago
    6:55
  • Marketplace Tech
    a day ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45