Archive for January 21st, 2012

January 21, 2012

Obama Kills Pipeline, China Jumps In To Buy Canada’s Oil

by lewwaters

Years of planning, studies and promotion were flushed down the drain Wednesday when Barack Obama announced he would not approve of the Keystone XL pipeline that would have brought Alberta oil down from Canada to the Gulf Coast where it would be refined for use in America and exported to South American countries.

In plain simple words, Obama killed thousands of jobs at a time American workers are struggling to make ends meet, many still suffering from unemployment or underemployment. Not only were much needed jobs killed, our energy security is greatly hampered now, keeping us dependent on oil from the volatile middle east.

Outrage and opposition was nearly immediate as shown by ARRA News Service in Arkansas with the article, Newspapers, Dems, Labor Unions Blast Obama for Nixing Keystone Pipeline . Yes, even those considered to be Obama’s base are upset over such a ridiculous job killing decision at this time of deep and ongoing economic struggles.

As can be expected, even after three years of the permitting process, Obama laid all blame for his decision at the feet of the Republicans saying he “was not acting on the merits of TransCanada Corp.’s plan, but instead was forced to make the decision based on the ‘arbitrary’ deadline mandated by GOP provisions in December’s payroll tax cut extension deal.”

In a prepared statement he said, “As the State Department made clear last month, the rushed and arbitrary deadline insisted on by Congressional Republicans prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment.”

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