U.S. crude oil production may be at a point where the planned Keystone XL oil pipeline from Canada isn’t needed, a former U.S. pipeline regulator said. President Barack Obama in February made good on his pledge to veto legislation the White House said circumvents the normal vetting procedures for the pipeline planned to cross the U.S.-Canadian border. Cynthia Quaterman, the former administrator for the federal Pipeline and Hazardous Materials Safety Administration, told delegates at a Houston summit sponsored by energy reporting agency Argus the Keystone XL pipeline might not fit in the U.S. oil landscape. “With the amount of crude that’s being produced in this country now, I think it’s quite possible that the president might not approve the project,” she said. “I […]