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Keystone Foes Energized as Price Pinches Oil Sands Allure

Falling oil prices have energized opponents of the proposed Keystone XL pipeline.

U.S. benchmark crude has tumbled 10 percent this month, closing at $81.01 a barrel in New York trading last week, and further declines are forecast. At $75, a government analysis said producers may be discouraged from developing Canada’s oil sands without pipelines like Keystone.