Economist: Approving Keystone pipeline better for oil prices than releasing strategic reserves |
Michael Bastasch |
Approving the Keystone pipeline would have been a much more effective way to stem rising oil prices than using the United States Petroleum Reserve James Hamilton, professor of economics at the University of California, San Diego, told The Daily Caller News Foundation.
"If the administration had not blocked construction of the Keystone Pipeline for the last four years, every year we could have been delivering an additional 180 million barrels of oil to refiners on the U.S. Gulf Coast," he said to TheDC News Foundation. |
| Read more at The Daily Caller... |
Victor Cuvo, Attorney at Law
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