Monday, November 14, 2011

Political Expediency - Delay of pipeline til 2013?

Is this President putting an election above the country? 

1.  The route was approved after extensive studies.

2.  The jobs produced would start at 20,000 and go to 500,000, for the Americans.

3.  It allows us to become less dependent on oil from hostile source.

4.  The stand of environmentalists objecting, President Obama put the decision on whether to approve the pipeline to 2013 - after the election. 

5.  Speeding up approval/permit processes is what any country must do if it is to achieve prosperity - and this is another negative indicator on Obama.

If he is indeed doing this for political purposes this does border on being treasonous.

Follow this story and see what is more likely to be the case.  More data below.

The Rational NonPolitician


During high unemployment in the USA in a world-wide recession, the Keystone XL pipeline would start with some 20,000 jobs with another 400,000 to come on steam later down the road.

Canada, who supplies more oil to the US than any other country, also its largest trading partner is proof positive that America does not have to rely on the Middle East for its oil.


For months, the conventional wisdom had been that a presidential permit for Keystone XL was inevitable; Secretary of State Hillary Clinton said in October 2010 that she was “inclined” to approve it because it was better to get oil from Canada than from less-friendly nations. The State Department then said in August stating that TransCanada’s proposed route is the preferred option.

The department had already examined routes further west and northeast of Nebraska that would have avoided the Sand Hills area and had released a final supplemental environmental review in August that said TransCanada’s proposed route was the preferred option and would have minimal effect on the environment.

“This project is too important to the U.S. economy, the Canadian economy and the national interest of the United States for it not to proceed,” Girling said a statement.


Sierra Club Executive Director Michael Brune had recently told reporters Obama’s decision on Keystone would “have a very big impact” on whether the nation’s largest environmental group funnels resources more toward congressional races rather than the race for the White House.


The delay would "effectively kill" the project, said Sierra Club Executive Director Michael Brune. "The carrying costs are too high, and there's no certainty that at the end of 18 months the pipeline would be approved at all."

Russ Girling, chief executive officer of Calgary-based TransCanada, who had said rerouting delays might kill the project, said yesterday the company remains “confident Keystone XL will ultimately be approved.”

Canada’s ambassador in Washington, Gary Doer,   told reporters in Ottawa that he expected the project to be approved if judged on “merit,” rather than ”noise.”

The deferral on Keystone XL is a blow to the government of Prime Minister Stephen Harper, who called U.S. approval of the pipeline a “no brainer.” Canadian officials underestimated the strength of resistance to the project by Nebraska farmers and environmentalists, political and foreign-policy experts said.

Canadian Finance Minister, Flaherty, 61, will travel later this week to Beijing, where he will discuss increasing energy exports to China and facilitating investment in Canadian natural-resource assets.

“The decision to delay it that long is actually quite a crucial decision. I’m not sure this project would survive that kind of delay,” Flaherty said yesterday in an interview at the Asia-Pacific Economic Cooperation summit in Honolulu. “It may mean that we may have to move quickly to ensure that we can export our oil to Asia through British Columbia.”
The delay would "effectively kill" the project, said Sierra Club Executive Director Michael Brune. "The carrying costs are too high, and there's no certainty that at the end of 18 months the pipeline would be approved at all." TransCanada wants to build the 1,700-mile pipeline to carry oil extracted from Canadian oil sands to U.S. refineries.

Japan and China 'keen' for Alberta oil

"Basically all of our energy exports are currently going to the United States. We have one customer. So it is a major fundamental strategic objective of Canada to diversify our customer base," Oliver said.

"I was in China and Japan and I just got back yesterday. And let me tell you there’s a keen interest in our resources in both those countries. The Japanese are interested in our natural gas, the Chinese in our oil and gas."



No comments:

Post a Comment