The Real Cost Of President Obama’s Not Approving the Keystone Pipeline

Yesterday Hot Air posted an article about the repercussions of President Obama’s delay in approving the Keystone Pipeline. It looks as if the delay may result in the pipeline not only not being built now–if the delay continues, it may not be built at all.

The article reports:

 Prime Minister Stephen Harper will travel to China next month to discuss selling Canada’s bounty to the rapidly growing nation.

The preferred initial plan was to build the $7 billion Keystone pipeline to deliver Alberta’s oilsands crude to refineries in Texas on the Gulf of Mexico.

Harper reasoned that the U.S. government would prefer to deal with a friendly neighbor to help meet its energy needs while creating thousands of jobs.

With widespread opposition by U.S. environmentalists, the Obama administration has delayed its decision on whether to approve the project proposed by energy giant TransCanada Pipelines.

The new plan would market to China and Asian countries through the proposed Northern Gateway pipeline that would transport Alberta’s oil and natural gas to British Columbia for shipment by tankers.

From a strategic point of view, this is a nightmare. We are depriving ourselves of a friendly source of oil and sending that oil to someone who is building a strong military and who is not a friend. Congress needs to make sure that when the ‘Payroll Tax Cut’ comes up for debate again before February (when it is due to expire) that a significant amount of pressure is put on the President to approve this pipeline. One of the ways that pressure could be applied would be to make sure all Americans paying more at the gas pump understood that the pipeline would eventually give us cheaper gasoline. The Republicans (and the unions) need to be more effective in getting the message out that we need this pipeline.

Enhanced by Zemanta