Wednesday, January 18, 2012

Obama administration rejects Keystone oil pipeline

The initial report was given to the Dept of Energy on December 23, 2010. All Obama wanted was to delay the decision past the election. A yes decision favored the unions over the environmentalists, and a no decision favored the environmentalists. I guess he believes he has the unions in his pocket since the far left extremist union leaders and the money is not going anywhere. The environmentalist are a fragmented group, not easily controlled.

The first anti-job, anti-energy independence, anti-business, anti-American President the USA has had. How did this idiot ever get elected? Unless of course he isn't an idiot and this is all part of his anti-freedom Cloward and Piven destroy and rebuild plan.

The Obama administration on Wednesday rejected the Keystone crude oil pipeline project, a decision welcomed by environmental groups but blasted by the domestic energy industry.

U.S. President Barack Obama said TransCanada's application for the 1,700-mile (2,740-km) pipeline was denied because the State Department did not have enough time to complete the review process.

"This announcement is not a judgment on the merits of the pipeline, but the arbitrary nature of a deadline that prevented the State Department from gathering the information necessary to approve the project and protect the American people," Obama said in a statement.

With environmental groups concerned about carbon emissions from oil sands production, the administration in November delayed a decision on a presidential permit for the project until 2013.
But lawmakers that support the project attached a measure to a tax-cut law passed at the end of last year that set a February deadline for a decision.

Read original Reuters article here.

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