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Obama rejects Keystone XL: Heavy oil still flows

Obama rejects Keystone XL: Heavy oil still flows

Report summary

On Nov 6th 2015, the US State Department recommended that TransCanada's petition to build Keystone XL (KXL) be rejected.  President Obama agreed with the recommendation citing concerns that the pipeline would adversely impact climate change and would have limited to no positive impact on the economy. Wood Mackenzie did not expect KXL to be built before 2020, so this decision is aligned with our current view. This Inform considers the implications of this announcement.

What's included?

This report includes 1 file(s)

  • Obama rejects Keystone XL: Heavy oil still flows PDF - 983.95 KB 2 Pages, 1 Tables, 1 Figures


This Oil Markets Inform report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of the oil markets industry, this report gives you an expert opinion and analysis to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our inform report gives our initial view to support your decision making in the critical, immediate aftermath.

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