The link for this article is The Examiner. The article was originally at Bloomberg.com, linked to by the Drudge Report, but Bloomberg took it down. I’m sure there is a story behind that.
President Obama has said ‘no’ to the Keystone Pipeline. It is very possible that Canada will build a different pipeline across Canada to sell the oil to China. There is also another possibility. A railroad, coincidentally owned by Warren Buffet, can transport the oil for $3 a barrel more. Either way, the American consumer is the loser.
President Obama’s rejection of the Keystone Pipeline made no sense–unions supported the pipeline, and it would have created many jobs. Now it seems to make sense.