Oil & Gas:

House Energy and Commerce Committee's Terry discusses new Keystone XL legislation

With House Republicans unveiling new legislation to speed the review process of the proposed Keystone XL pipeline, what are the prospects for approval of the project next year? During today's OnPoint, Rep. Lee Terry (R-Neb.) discusses the new legislation and explains why he believes the Federal Energy Regulatory Commission is better suited than the State Department to review the proposal. He also weighs in on the politics of the pipeline proposal.