Sometimes The Lies Are Just Funny

The Daily Caller posted an article today about President Obama’s claim that he started the oil boom in America. Somehow that’s not the way I remember it.

The article reports:

Former president of Shell Oil Company John Hofmeister said former President Barack Obama had nothing to do with America’s increased oil production and actually frustrated many areas of the energy sector.

Obama claimed he was responsible for America’s recent oil boom during an event hosted by Rice University’s Baker Institute on Tuesday night and Hofmeister challenged his assessment.

…“The facts are the facts. And, yes, the production did increase throughout his term,” Hofmeister said on “Fox & Friends” Thursday. “But, frankly, he had nothing to do with it.”

“This was production in states like Texas, Oklahoma, Pennsylvania, Ohio, Colorado — North Dakota in particular. And these were all state decisions made with industry applications for permits. The federal government had no role.”

The article notes the roadblocks President Obama put in the way of accessing American oil:

Hofmeister said Obama opposed the energy industry at every turn with his actions against offshore drilling and his handling of the Keystone Pipeline.

“If anything, he was trying to frustrate the efforts by taking federal lands off of the availability list — putting them just, no more drilling [sic]. He shut down the Gulf of Mexico for a period of six months,” he said. “[He] changed the regulations from an average of 60 to 80 pages per permit to 600 to 800 pages per permit. He also never approved the Keystone XL pipeline after dangling all the potential customers for eight years. And it was in the eighth year when he said no Keystone Pipeline.”

“I would say that he was not a leader when it comes to energy,” Hofmeister said.

As far as President Obama’s opposition to the Keystone Pipeline goes, as long as that pipeline was not built, the oil was shipped via the Burlington Northern Santa Fe railroad, owned by Berkshire Hathaway, owned by Warren Buffett, a close friend of President Obama. On February 21, 2013, I reported the following (article here):

If the Obama administration holds firm on blocking Keystone, the big loser will be TransCanada Corporation. But who will the big winners be? American railroads:

And of them, the biggest winner might just be the Burlington Northern Santa Fe, which is owned by Berkshire Hathaway, the conglomerate controlled by Obama supporter and Omaha billionaire Warren Buffett. In December, the CEO of BNSF, Matthew Rose, said that his railroad was shipping about 500,000 barrels of oil per day out of the Bakken Shale in North Dakota and that it was seeking a permit to send “crude by rail to the Pacific Northwest.” He also said the railroad expects to “eventually” be shipping 1 million barrels of oil per day.

President Obama did not facilitate the energy independence of America. He did, however, do a pretty good job of lining the pockets of some good friends.

A President Who Does Not Follow The Constitution Impacts Other Countries–Not Only America

Today’s Wall Street Journal featured a very good article entitled, “Why We’re Suing Obama Over Keystone.” The article was written by Kristine Kelkus, an executive vice president and general counsel at TransCanada. I strongly suggest you follow the link above and read the entire article, but I am including a few excerpts from the article that illustrate how damaging an out-of-control President has been to our country and our neighbors.

The article reports:

For 65 years, TransCanada has built oil and gas pipelines in North America. It’s a job the company is good at, and one we much prefer to building lengthy legal filings that could take several years to resolve. Still, when TransCanada in 2008 walked its application for a presidential permit into the U.S. State Department, the company was prepared for an extensive evidentiary process—albeit one that has traditionally been straightforward.

Until the Keystone XL pipeline, no U.S. administration had prohibited the cross-border construction of a major oil pipeline. And within the past decade, U.S. regulators approved two very similar, large cross-border pipelines that transport exactly the same type of oil that the Keystone XL pipeline would have carried from the same region in Alberta, Canada, to the U.S.

TransCanada already operates the initial Keystone pipeline, which was approved in 2008. And in 2009 the State Department under Secretary Hillary Clinton and Mr. Obama permitted Enbridge, a direct competitor to TransCanada, to build another. Each of these permit reviews took about two years.

…But environmental activists made rejection of the project a litmus test of the president’s climate-change credentials. The State Department’s official Record of Decision reasoned that permitting the pipeline to proceed would “undermine U.S. climate leadership” because “the understanding of the international community”—contrary to the administration’s own findings—was that the pipeline would increase greenhouse-gas emissions. Permitting construction would “undercut the credibility and influence of the United States” in negotiating with other countries, including at the coming Paris climate conference.

In other words, the pipeline and its benefits were sacrificed to increase the president’s negotiating leverage with other countries.

My first reaction to this article was to wonder who runs Enbridge, if campaign contributions were involved, and if Berkshire Hathaway owns the railway that was carrying the oil before the Enbridge pipeline was built (see here).

The article further concludes:

The administration’s actions harm business and public interests that extend far beyond a particular pipeline. The decision calls into question the entire process for cross-border facility approvals. It strongly suggests that investing in the U.S. is subject to a level of “sovereign risk” usually associated with far less developed economies.

Unless they are remedied in court or arbitration, the Keystone decision and the political expediency underlying it will also encourage future administrations to conclude that they, too, can disregard the most basic legal requirements.

We need a President who puts the interests of all Americans above the interests of special interest groups and major contributors.

Will Keystone Make A Difference?

The Wall Street Journal (not linked–the article is subscribers only) posted an editorial in its weekend edition about President Obama’s recent remarks about the Keystone XL Pipeline.

When asked about the pipeline, President Obama responded, “Understand what this project is: It is providing the ability of Canada to pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else. It doesn’t have an impact on U.S. gas prices.”

Either the President is economically ignorant or he is attempting to take advantage of the lack of economic knowledge of the average American (the tactic used to sell ObamaCare).

The editorial at the Wall Street Journal points out:

Someone should tell the President that oil markets are global and adding to global supply might well reduce U.S. gas prices, other things being equal. A tutor could add that Keystone XL will also carry U.S. light oil from North Dakota‘s Bakken Shale. So even if he thinks that bilateral trade only helps Canada, he’s still wrong about Keystone.

…Mr. Obama routinely entreats Congress to spend taxpayer money on “infrastructure” to create jobs, yet he implies that the 1,179-mile Keystone infrastructure project won’t create jobs.

Chances are that President Obama will veto the bill that passed the House and Senate regarding the Keystone Pipeline. The only reason the Senate allowed the bill to be brought up was to help Senator Landrieu win re-election. I am not sure the bill would have been brought up if the Democrats were not sure the President would veto it. I doubt enough Democrats will actually support the bill to override that veto. It would be nice if they did. Keystone would be a wonderful way to boost the American economy without charging Americans more taxes.

 

Rules For Radicals In Action

Saul Alinksy, the original community organizer, wrote a book entitled, “Rules for Radicals.” Rule #4 states, “Pick the target, freeze it, personalize it, and polarize it.” Cut off the support network and isolate the target from sympathy. Go after people and not institutions; people hurt faster than institutions. (This is cruel, but very effective. Direct, personalized criticism and ridicule works.)” Unfortunately that rule has been used excessively by many of the American political left. The latest example has to do with the Keystone Pipeline.

Two people the American political left loves to hate are the Koch Brothers. Yesterday John Hinderaker posted an article at Power Line describing how the political left is using the Koch Brothers as an excuse to oppose the Keystone Pipe Line. So what is the connection between the Keystone Pipeline and the Koch Brothers? Well, before I go into that, I would like to mention the connection between the Keystone Pipeline and Warren Buffett. Warren Buffett controls Berkshire Hathaway which owns Burlington Northern Santa Fe Railroad. Burlington Northern Santa Fe will be shipping oil by rail if the pipeline is not built. The railroad expects to “eventually” be shipping 1 million barrels of oil per day.

But, back to the Koch Brothers. A website called Grist claims that the Koch Brothers will make “as much as $100 billion in profits if the controversial Keystone XL pipeline is given the go-ahead by President Obama.” So let’s look at the claim. First of all, the construction of the Keystone Pipeline would result in Koch Industries paying more for oil–not less. (See the article at Power Line for details). The article at Power Line also deals with the claim that the Koch Brothers own a good part of the acreage the oil for the pipeline will come from. Actually, it turns out that the Koch Brothers lease the acreage and that if the pipeline is built, it will take 476 years for the Koch Brothers to break even after the construction of the Pipeline.

The article at Power Line concludes:

So what is going on here? Rich liberals hire kids–recent college graduates, or maybe college or high school students–to produce idiotic “research reports” that can be dismantled by anyone familiar with arithmetic, let alone the oil and gas industry, of which these kids obviously know nothing at all. The claims these reports make are completely divorced from reality, but liberals don’t seem to care. The Huffington Post headlines: “Keystone XL Pipeline Could Yield $100 Billion For Koch Brothers.” PolicyMic: “Actually, You Probably WILL Guess Who Stands to Make $100 Billion Off the Keystone XL Pipeline.” TruthDig: “Koch Brothers Stand to Make $100 Billion From Keystone Pipeline.” And, of course, the Kos Kidz are all over it.

This isn’t just stupid, it is insane. It is also, unfortunately, a good example of what modern liberalism has come to. No regard for truth, just blind hatred.

Rules for radicals at work.

 

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