The Keystone Pipeline is a $7 billion pipeline, which would run from Alberta to the Gulf Coast. It would increase energy security in America and directly create more than 20,000 high-wage manufacturing jobs and construction jobs in 2011-2012 across the U.S.
Today’s Wall Street Journal is reporting that the U. S. Government is planning to delay any decision as to whether to allow the pipeline to be constructed until after the 2012 election. They didn’t exactly word it that way, but that is the outcome.
The article states:
State Department officials are expected to say as early as Thursday the U.S. will seek to re-route the pipeline away from an environmentally sensitive portion of Nebraska. Such a move will require an assessment of the new route’s environmental impact, a lengthy process that isn’t expected to be complete until at least the first quarter of 2013.
The problem this pipeline presents for the Obama administration is simple–the environmentalists oppose the pipeline and the unions support it (more jobs). The pipeline would increase the energy independence of America and make us less dependent on oil from countries that hate us.