The Environmental Protection Agency said the government should factor in the recent trend of lower oil prices as part of its decision on whether to approve the Keystone XL pipeline. The EPA, in a letter sent Monday to the State Department, said the monthslong drop in oil prices should compel the department to “revisit” conclusions about U.S. oil consumption and greenhouse gas emissions it made in an environmental assessment published in January 2014, which found the pipeline wouldn’t significantly add greenhouse gas emissions to the atmosphere. The State Department oversees cross-border pipelines and is in the process of deciding whether the Keystone project should receive a permit. The letter by Cynthia Giles, EPA’s assistant administrator for enforcement and compliance assurance, said building the pipeline at a time of lower oil prices could prompt production of more oil from Canada’s oil sands deposits. The letter said the 2014 environmental assessment […]