President Obama’s rejection of the Keystone XL oil pipeline sums up his presidency. When it comes down to well-paying new jobs and cheaper energy vs. his political base, guess which wins.
The 1,700-mile TransCanada Keystone crude oil pipeline from Alberta to the Gulf Coast is a no-brainer. Canada’s oil sands are the largest source of crude oil outside the Middle East and the 700,000 barrels of black gold per day the pipeline would bring would mean hundreds of thousands of new jobs, lower gasoline prices, less U.S. dependence on Mideast oil and hundreds of millions of dollars in increased revenues for the states.
All those high-salaried jobs are why both Democratic-supporting labor unions and Republican-supporting business interests are pro-Keystone.
Yet, instead of supporting it in a spirit of bipartisanship, the “Great Uniter” had a State Department flunky announce his opposition on Wednesday.
The administration’s claim that the congressional Feb. 21 deadline makes “adequate review” impossible is disingenuous; the Keystone application was submitted three years ago and last year, the State Department held nine public meetings in the six states through which the pipeline would pass, as well as in Washington, D.C.