ROBERT L. BRADLEY JR.
Recent events in Crimea give President Obama yet another reason to approve Keystone XL. Russia’s military incursion highlights the need for improved transportation of oil and natural gas from North America for energy-market stability.
Immediately after Putin’s forces entered the Crimean Peninsula, the price of crude oil jumped to a sustained six-month high of nearly $105 a barrel. Every dollar increase adds cents-per-gallon at the pump and to heating-oil bills.