Friday, November 14, 2014

XL Track

From Reuters - Breaking News: House votes to approve Keystone XL pipeline; prospects in Senate unclear
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3 comments:

Glynn Kalara said...

Will Obama sign on is the question? He's a lame duck now or is he. Here's one he can stop. Or is he already counting his fees for speaking in front of OIL trade groups?

5:00 PM
Anonymous said...

Obama just offered a hint—a really big hint—that he intends to veto the Keystone XL pipeline if Congress passes a bill approving it.

White House officials have already signaled that Obama was inclined to block the legislation, which Republicans have long touted and which has been gathering support among Democrats. But typically the administration focuses on process more than policy: The president and his advisers say that congressional action on Keystone would circumvent the normal federal review process, which involves an asessment from the State Department. These latest comments, in response to reporters’ questions in Myanmar on Friday, more directly challenged the policy rational proponents make—that the pipeline would be a major source of jobs.

“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 US gas prices,” he said, according to ABC News. “If my Republican friends really want to focus on what's good for the American people in terms of job creation and lower energy costs, we should be engaging in a conversation about what are we doing to produce even more homegrown energy? I'm happy to have that conversation."

5:32 PM
Jim Sande said...

I think fundamentally it still gets back to burning up all of the potential fossil fuel out there and sending that CO2 into the atmosphere rather than keeping it in the ground. Even if XL doesn't get built the forces to use Canadian light oil and Bakken oil are still there. Killing XL is fine with me but that would be a temporary finger in the dam as it were. It gets back to an alternative to oil and getting CO2 back in the ground.

5:56 PM

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