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Could Oil Pipelines Be Headed For Extinction?

With the development of renewable energy accelerating, the pipeline business increasingly finds itself against the ropes. The Biden administration dealt a death blow to Keystone XL, and the fate of similar projects remains uncertain. As fossil fuel dependency begins to wane, this multibillion dollar industry could soon go the way of the dinosaurs. #Breakdown #Oil #BloombergQuicktake -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_... Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join QuickTake Originals is Bloomberg's official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel QuickTake News for breaking global news and insight in an instant.