Keystone XL Pipeline Still Economically Viable In Era Of Cheaper Crude Oil, Analysts Say

Falling crude oil prices are forcing developers in Canada's oil sands region to rethink their expansion plans. But the economic challenges are unlikely to reduce the need for the Keystone XL pipeline to Texas, energy analysts say. Even if developers cancel or delay some projects, the overall volume of oil coming from western Canada is still expected to surge in coming decades -- and that crude will need a way to get to global markets.