Tuesday, November 15, 2011

Barack Obama - #3417 - How Barack Obama Killed Thousands of Jobs? - Heritage Foundation (2) Has Obama Sent Canada's Oil to China- Hot Air

If Americans needed any further proof that the Obama Administration is one of the most political on record, or that, for all the recent demagoguing, it really cares only about re-election, not about job creation, then you need look no further than its cynical Keystone XL oil pipeline decision last week.  Over the last several months, radical environmentalists along with Hollywood celebrity activists descended on the White House in protest, urging President Barack Obama to block the construction of the $7 billion pipeline that would bring in more than 700,000 barrels of oil per day from Alberta, Canada, to the Texas Gulf coast. Last week, they got their wish.  The Obama Administration on Thursday announced that it would delay a decision on the pipeline until after the 2012 election. In siding with his leftist environmentalist, big Hollywood base, President Obama’s ambition is nakedly apparent, as is his total disregard for the 14 million unemployed Americans sitting on the sidelines, waiting for Washington to get out of the way so they can get back to work. And it also shows that for him, politics is more important than achieving true energy independence for the United States.  And here’s why: The Keystone pipeline would have done what the President’s hundreds of billions of dollars in stimulus spending failed to do. It would have created thousands of jobs (tens of thousands, by some predictions), while generating $5.2 billion in property tax revenue for Montana, South Dakota, Kansas, Oklahoma, Nebraska, and Texas. And it would have done it all with private dollars–not taxpayer dollars.  Read more.......

Has Obama Sent Canada's Oil to China? - Hot Air -The fallout continues from Barack Obama’s decision to bail out on approval of the Keystone XL pipeline until the election is safely behind him. Up in Canada – home of the company attempting to complete this continent spanning feat – the Globe and Mail notes the derision being rained on the administration by our former Ambassador to the Great White North.  “It’s blatant politics,” said David Wilkins, former U.S. ambassador to Canada, in an interview Friday. Mr. Wilkins lobbied for Keystone on behalf of the Canadian Association of Petroleum Producers. “It’s politics at its worst. It was a move by the president to placate a certain wing of his party and I think it was a real travesty.”  Mr. Wilkins pointed out that Mr. Obama had passed up 20,000 Keystone jobs to “protect one job, his own.”........Canada seems very interested in matching up their extensive supplies of oil sands energy with America’s large scale refinement capabilities around the gulf coast. But it’s not their only option. As we’ve reported before, a much shorter pipeline could be built heading west to their Pacific coast where another eager customer awaits.  Read more......

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