{"id":6661,"date":"2012-05-17T08:04:19","date_gmt":"2012-05-17T13:04:19","guid":{"rendered":"http:\/\/stateimpact.npr.org\/oklahoma\/?p=6661"},"modified":"2012-05-17T08:04:19","modified_gmt":"2012-05-17T13:04:19","slug":"keystone-xl-pipeline-could-raise-gas-prices-experts-say","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/oklahoma\/2012\/05\/17\/keystone-xl-pipeline-could-raise-gas-prices-experts-say\/","title":{"rendered":"Keystone XL Pipeline Could Raise Gas Prices, Experts Say"},"content":{"rendered":"<div id=\"attachment_6663\"  class=\"wp-caption module image right\" style=\"max-width: 200px;\"><a href=\"http:\/\/www.flickr.com\/photos\/setrowbridge\/4775142099\/sizes\/n\/in\/photostream\/\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-6663\" title=\"Pumping Gas\" src=\"http:\/\/stateimpact.npr.org\/oklahoma\/files\/2012\/05\/pumping-gas-200x300.jpg\" alt=\"\" width=\"200\" height=\"300\" srcset=\"https:\/\/stateimpact.npr.org\/oklahoma\/files\/2012\/05\/pumping-gas-200x300.jpg 200w, https:\/\/stateimpact.npr.org\/oklahoma\/files\/2012\/05\/pumping-gas-334x500.jpg 334w, https:\/\/stateimpact.npr.org\/oklahoma\/files\/2012\/05\/pumping-gas-100x150.jpg 100w, https:\/\/stateimpact.npr.org\/oklahoma\/files\/2012\/05\/pumping-gas.jpg 427w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a><\/p>\n<p class=\"wp-media-credit\">Apple Apple \/ Flickr<\/p>\n<p class=\"wp-caption-text\">\n<\/div><p>Oklahoma, as we\u2019ve reported, both benefits and suffers from an <a href=\"http:\/\/stateimpact.npr.org\/oklahoma\/topic\/cushing\/\">uneven<\/a> crude oil market.<\/p><p>The price of West Texas Intermediate \u2014 priced at Cushing \u2014 is depressed, which is bad for the region\u2019s producers and state revenue coffers. But low crude prices might be a good thing for drivers in Oklahoma and the mid-continent, who fill up with cheaper gasoline than the rest of the country.<\/p><p>Producers are betting big on new pipelines to relieve a glut in Cushing and raise the price of West Texas Intermediate.<\/p><p>So could new pipelines efforts like Keystone XL and Seaway <a href=\"http:\/\/stateimpact.npr.org\/oklahoma\/2012\/04\/02\/will-new-ok-pipelines-increase-gas-prices-producers-no-refiners-maybe\/\">raise the price<\/a> of gasoline? Producers say, \u2018No,\u2019 refiners say, \u2018Maybe\u2019 \u2014 and as our partners in Texas <a href=\"http:\/\/stateimpact.npr.org\/texas\/2012\/05\/17\/how-the-keystone-xl-pipeline-could-raise-gas-prices\/\">report<\/a>: It\u2019s possible.<\/p><p><!--more--><\/p>\n<blockquote><p>\u201cThat\u2019s the concern here. Is that by removing the glut in supply that you will cause oil prices to go up which will likely impact motorists,\u201d Patrick Dahaan, an analyst for GasBuddy.Com,\u201d tells StateImpact Texas\u2019 Mose Buchele.<\/p><\/blockquote><p>Phillip Verleger of energy consulting firm PK Verleger tells Buchele that TransCanada\u2019s <a href=\"http:\/\/stateimpact.npr.org\/oklahoma\/2012\/04\/20\/all-down-the-line-the-economic-and-environmental-impact-of-keystone-xl\/\">Keystone XL<\/a> pipeline would mean consumers in \u201cIllinois, Minnesota, probably Iowa Nebraska, possibly Missouri and possibly the Dakotas paying more.\u201d<\/p><p>TransCanada, of course, disagrees with Dahaan and Verleger. The company\u2019s Jim Prescott backed up his argument with a Department of Energy memo he forwarded to StateImpact Texas:<\/p>\n<blockquote><p>\u201cIt says in the summary and conclusion that these pipeline projects would not increase gasoline prices to Midwestern consumers. That\u2019s the last line in the report,\u201d he paraphrased.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Oklahoma, as we\u2019ve reported, both benefits and suffers from an uneven crude oil market.The price of West Texas Intermediate \u2014 priced at Cushing \u2014 is depressed, which is bad for the region\u2019s producers and state revenue coffers. But low crude prices might be a good thing for drivers in Oklahoma and the mid-continent, who fill [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":6663,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[301],"tags":[339,238,338,239],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts\/6661"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/comments?post=6661"}],"version-history":[{"count":1,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts\/6661\/revisions"}],"predecessor-version":[{"id":6667,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts\/6661\/revisions\/6667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/media\/6663"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/media?parent=6661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/categories?post=6661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/tags?post=6661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}