Pipeline Would Cause Midwest Gas Price Hikes, Report Says

Photo courtesy of Creative Commons
Photo courtesy of Creative Commons

The Keystone XL pipeline, if built, would cause gas prices in the Midwest to rise by as much as 40 cents per gallon, according to a report by Consumer Watchdog. The  California group claims the pipeline will restrict oil supplies in the U.S. as exporting to other countries picks up. The result: rising oil prices with the ripple effect extending to gas and diesel prices. Meanwhile, average gas prices in the St. Louis area have increased from $3.20 a gallon last week to as high as $3.79, one of the largest spikes nationwide. Concerns about Egypt and the Middle East have played a role in the rising cost of crude oil.

Read more from the Kansas City Star and the St. Louis Post-Dispatch

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