Keystone XL Pipeline to Raise Gas Prices: Steyer

[limpyhobbler]

Published on Jul 16, 2013
July 16 (Bloomberg) -- Billionaire Tom Steyer, founder of Farallon Capital Management LLC, talks about today's release of a report by the non-profit organization Consumer Watchdog that says completion of TransCanada Corp.'s Keystone XL pipeline will raise gas prices in the U.S. Steyer speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

[DhhD]

1. When fuel energy leaves the US, there is a shortage here, so the price will go up at the pump.

[limpyhobbler]

2. That seems to be the gist of what he is saying.

makes sense to me.