EVEN LIBERAL MEDIA DECLARING REJECTING
KEYSTONE PIPELINE INSANITY
By: Edward P. Shallow
In a follow up to my editorial of December 16, Environmentalists Control Obama I received an e-mil from an astute reader (Jim K.) In which he states, Ed- Look at Obama through the global redistribution lens. The environment has little to do with his twisted logic. Anything that sends our wealth out of this country to the benefit of some perceived aggrieved nation,is what this Marxist is totally in favor of. Don’t forget the billions he sent to Brazil for oil exploration and drilling and then telling them that he wants the US to be their biggest customer.
If we purchase more oil from the Canadians then we’ll be sending less cash to the Arabs. Imagine how much wealthier this country would be if we didn’t ship in excess of 500 billion dollars to meet our energy needs.
Thanks Jim I wish every every American concerned with are necessity to generat our own oil could read your inspiring thoughts.
This from Bloomberg News dated January 19, 2012: President Obama’s decision to reject a permit for TransCanada Corp’s Keystone XL oil pipeline may prompt Canada to trun to China for oil exports.
Prime Minister Stephen Harper, in a telephone call , told Obama “Canada will continue to work to diversify its energy exports ,” according to details provided by Harper’s office. Canadian Natural Resource Minister Joe Oliver said relying less on the U.S. would help strengthen the country’s “financial security.”
The “decision by the Obama administration underlines the importance of diversifying and expanding our markets.”
Currently, 99 percent of Canada’s crude exports go to the U.S., a figure that Harper wants to reduce in his bid to make Canada a “superpower” in global markets.
Canada accounts for more than 90 percent of all proven reserves outside the Organization of Petroleum Countries , according to data compiled in the BP Statistical Review of World Energy. Most of Canada’s crude is produced from oil-sands deposits in the landlocked province of Alberta, where output is expected to double over the next eight years, according to the Canadian Association of Petroleum Producers.
Given the length of the article, I have concentrated on its relavince to America regarding our dependence on imports, and will conclude from this artice by indicating that Canada this month began hearings on a proposed pipeline by Enbridge Inc to move crude from Alberta’s oil sands to British Columbia’s coast, where it could be shipped to Asian markets.
In what must be a shock to the Obama administration, The liberal Washington Post published “Rejecting the Keystone pipeline is an act of insanity (1/19/12) authored by Robert J.Samuelson. I quote in part.
President Obama’s rejection of the Keystone XL pipeline from Canada to the Gulf of Mexico is an act of national insanity. It isn’t often that a president makes a decision that has no redeeming virtues and –beyond the symbolism–won’t even advance the goals of the groups that demanded it. And it tells us that Obama is so obsessed with his reelection that, through some sort of political calculus, he believes that placating his environmental supporeters will improve his chances.
Aside from political and public relations victory, environmentalists won’t get much. Stopping the pipeline won’t halt the development of tar sands,to which the Canadian government is committed: therefore, there will be little effect on global warming emissions. Indeed, Obama’s decision might add to them. If Canada builds a pipeline from Alberta to the Pacific (as previously mentioned herein) for export to Asia, moving all that oil across the ocean by tanker will create extra emissions. There will also be the risk of added spills.
Now consider how Obama’s decision hurts the United States. For starters, it insults and antagonizes a strong ally; getting future Canadian cooperation on other issues will be harder. Next, it threatens a large souce of relatively secure oil that.combined with new discoveries in the United States , could reduce (though not eliminate) our dependence on insecure foreign oil.
In conclusion: The big winners are the Chinese. They must be celebrating their good fortune and wondering how the crazy Americans could repudiate such a huge supply of nearby energy
INSANITY DOES INDEED PREVAIL !