Energy economist supports Keystone pipeline project

Bernard Weinstein, economist at SMU's Cox School of Business, talks in support of the Keystone XL pipeline.

 

BY ROD WALTON, Oklahoman, October 20, 2011
The State Department is considering an application to permit construction of the 1,700-mile Keystone XL, which would bring Canadian oil-sands crude from Alberta down to the Cushing hub and south to Gulf Coast refineries.

CATOOSA — The controversial Keystone XL pipeline may have minor environmental challenges, but approving it makes greater political and economic sense, an energy industry expert said Wednesday.

Energy economist supports Keystone pipeline project Bernard Weinstein, associate director of the Maguire Energy Institute at Southern Methodist University, spoke at the Gas Compressors Association meeting at the Hard Rock Hotel & Casino Tulsa. His long-term push is for U.S. leaders to develop a rational and national energy policy, but his short-term interest is seeing the Keystone project approved.

“I've just got to believe they're going to approve that pipeline,” Weinstein said in an interview before his speech.

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