An ag economist does NOT believe closing the Keystone XL pipeline will impact energy prices in the short term.
As one of his first moves, President Biden issued an executive order to block the Keystone XL pipeline that carries crude oil from Canada to the US. Scott Irwin with the University of Illinois says it could be a signal of further regulatory moves to scale back the fracking revolution.
“That could have implications for crude oil and natural gas prices moving forward.
