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Keystone Weirdonomics Means Gas Prices Won’t Be Getting Any Cheaper

Photographer: Jody Dole/Getty Images
Photographer: Jody Dole/Getty Images

Canadian Prime Minister Stephen Harper missed the signs of growing opposition to the proposed Keystone XL pipeline, Bloomberg reporters describe in a behind-the-scenes investigation today. It took just one phone call with President Obama, on Nov. 10, 2011, to bring him up to speed.

That the oil-hungry U.S. couldn’t be counted on for limitless consumption “came as a shocking epiphany” to the Canadians, write Edward Greenspon, Andrew Mayeda, Rebecca Penty and Theophilos Argitis, drawing from interviews with more than 75 people.