President Obama to fast track southern portion of Keystone XL Pipeline

[kidrocks]

This ought to quite the critics... no? Really?






Obama to fast track southern portion of Keystone XL Pipeline – The 1600 Report - CNN.com Blogs

President Obama plans to announce in Cushing, Oklahoma Thursday that his administration will expedite the permit process for the southern portion of the Keystone XL pipeline, a source familiar with the president's announcement tells CNN.

 

[Mr. Shaman]

This ought to quite the critics... no? Really?

It's still a great-opportunity to slap-around the.....

....CLUELESS-TEABAGGERS!!!!!

"In reality, building the southern portion of the Keystone XL pipeline might help to alleviate supply bottlenecks and get more domestic oil to refineries. But it won’t bring down gas prices.

All of which is to say that for the immediate future and maybe longer, high gas prices are here to stay. Neither presidents nor pipelines can do much about it."​

Stupid Fuckin' Teabaggers

 

[Claudette]

Thought that was already under constructioin by a private company?? How the hell is Barry gonna fast track something thats already being built??

The only reason Barry is doing anything on that pipeline is because he thinks folks won't know the only reason he's doing anything is because he thinks it will help his re-election bid.

High gas prices are a bitch.

 

[waltky]

Granny says dem Canucks is always tryin' to tell us what to do...

Hurry Up on Job-Creating, Tax-Generating Keystone XL Pipeline, TransCanada Exec Tells Congress
April 11, 2013 - The man in charge of TransCanada's pipeline business says it's time to "proceed expeditiously"with the Keystone XL Pipeline.

"The project will reduce the United States' reliance on higher-priced foreign oil and replace it with stable, secure supplies from both Canada and the U.S. It will create high-paying American jobs, inject billions of dollars into the U.S. economy, and pay millions in taxes for decades to come. This project is needed, the benefits are clear, and time is of the essence to move forward," Alex Pourbaix told a House Energy and Commerce subcommittee on Wednesday.

Because the pipeline crosses the U.S.-Canada border, the project requires U.S. government permission. Since 2008, when TransCanada first applied for a presidential permit, the State Department has reviewed and re-reviewed all aspects of the pipeline. But President Obama -- apparently not wanting to anger his environmentalist supporters before the election -- denied the permit last year. Seizing on a deadline imposed by Republicans, the Obama administration said it needed more time to determine if the project was in the national interest.

TransCanada has re-filed its application for the northern leg of the pipeline, but as Pourbaix told the committee on Wednesday, "it appears that a decision on the pending Presidential Permit application is many more months down the road." Pourbaix praised Republican legislation that would remove the requirement for a presidential permit and clear the way for construction to begin, and he thanked the committee for holding a hearing "which serves to call attention to the need for a prompt decision on this application..."

In addition to energy security, Pourbaix listed the "significant economic benefits" the pipeline would bring to the United States, as follows:

MORE

 

[editec]

"The project will reduce the United States' reliance on higher-priced foreign oil and replace it with stable, secure supplies from both Canada and the U.S.

It will?

How?

America will not OWN the oil.

The oil will go to the highest bidder.

 

[Oldguy]

Granny says dem Canucks is always tryin' to tell us what to do...

Hurry Up on Job-Creating, Tax-Generating Keystone XL Pipeline, TransCanada Exec Tells Congress
April 11, 2013 - The man in charge of TransCanada's pipeline business says it's time to "proceed expeditiously"with the Keystone XL Pipeline.

"The project will reduce the United States' reliance on higher-priced foreign oil and replace it with stable, secure supplies from both Canada and the U.S. It will create high-paying American jobs, inject billions of dollars into the U.S. economy, and pay millions in taxes for decades to come. This project is needed, the benefits are clear, and time is of the essence to move forward," Alex Pourbaix told a House Energy and Commerce subcommittee on Wednesday.

Because the pipeline crosses the U.S.-Canada border, the project requires U.S. government permission. Since 2008, when TransCanada first applied for a presidential permit, the State Department has reviewed and re-reviewed all aspects of the pipeline. But President Obama -- apparently not wanting to anger his environmentalist supporters before the election -- denied the permit last year. Seizing on a deadline imposed by Republicans, the Obama administration said it needed more time to determine if the project was in the national interest.

TransCanada has re-filed its application for the northern leg of the pipeline, but as Pourbaix told the committee on Wednesday, "it appears that a decision on the pending Presidential Permit application is many more months down the road." Pourbaix praised Republican legislation that would remove the requirement for a presidential permit and clear the way for construction to begin, and he thanked the committee for holding a hearing "which serves to call attention to the need for a prompt decision on this application..."

In addition to energy security, Pourbaix listed the "significant economic benefits" the pipeline would bring to the United States, as follows:

MORE

The GOP left Obama little choice but to suspend construction when they presented him with an arbitrary cut off date for completing the environmental impact statement for re-routing the line away from sensitive areas in Nebraska. They knew exactly what they were doing: creating an artificial issue with which to bash Obama.

In the meantime....oil and gas production has reached such levels that the Keystone is rapidly becoming less important, if not downright redundant. Within less than a decade, we won't need any Canadian oil at all, so now the only point to building it is to provide an export outlet for Canada and so they don't have to build any new refineries to process it. Do we really want to take the environmental risk for that? Canada can manage its own oil.

Also, though that portion of the Keystone isn't being built....yet...there is a boom in pipeline construction which isn't restrained by anybody. For instance, there are TWO new oil and gas lines being laid within a mile of my house right now and they just completed another one less than 2 years ago. The southern portion of the Keystone is passing through Lamar County, Texas as we speak, a mere 50 miles from here.

The point is that in spite of the hoopla and political grandstanding, this President obviously isn't averse to pipelines as they're going in all over the place to tap the newly available resources in the Baaken, the Eagle Ford, newly opened deep-water offshore sites and even the old Permian Basin of West Texas, which has recently seen it's recoverable reserves re-estimated at 90 years worth of 2 million barrel a day production.