Moody's: Obama Will Approve Keystone

November 14, 2012

The Keystone XL pipeline will secure President Obama's approval, but the decision may take time, says a report from Moody's Investors Service.

The Hill/E2 Wire blog quoted the report: "Still, even if Keystone XL went into operation in 2015 or 2016, Gulf Coast refining and marketing companies would benefit from wider light/heavy crude price differentials."

Source: AGC