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Pressure mounting on Obama over pipeline decision
Chicago Tribune ^ | December 1, 2012 | JOSH LEDERMAN

Posted on 12/01/2012 8:55:31 AM PST by Cincinatus' Wife

President Barack Obama faces mounting pressure on a decision he had put off during his re-election campaign: whether to approve the $7 billion proposed Keystone XL oil pipeline between the U.S. and Canada.

........................Estimates for how many jobs the pipeline would create range from a few thousand up to 20,000 or more. At 36 inches in diameter, the pipeline will have an initial capacity of 700,000 barrels a day. That's significant, because demand for oil and gas pipelines is expected to surge over the next four years, according to a November report by The Freedonia Group, a market research firm.

A TransCanada spokesman said the company expects a decision by the State Department, which is tasked with determining whether the pipeline is in the national interest, in the first quarter of 2013, and hopes to start construction on the upper portion shortly thereafter. The longer the decision drags on, the less realistic that timeline appears to be.

Officials in Nebraska are close to completing their own study of the revised route, with a public hearing planned for Dec. 4 ahead of a final decision by Gov. Dave Heineman.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Canada; Culture/Society; Extended News; Government
KEYWORDS: economy; employment; energy; jobs; keystone; oil
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To: Kenny

Amen, Kenny. Mark Stein made the exact same point when Obamacare went to SCOTUS and it all came down to Roberts. Here’s ONE GUY in the entire country deciding if we are going to be a communist / banana republic country or a nation of FREE MEN. How in the hell did we get to the point where one damn man decides the fate of 300 millions?


21 posted on 12/01/2012 9:57:48 AM PST by ProtectOurFreedom
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To: deweyfrank
Buffet now uses his rail holdings to ship that oil.

So, what if you had pipelines leading to a rail facility that had tanker cars linked and spanning the US/Canadian border...The cars would be linked together with huge ID connectors and hooked to the US and Canadian pipelines at either end.

-or-

Plan B:
You could shoot the oil into the air from the Canadian side, into a huge catch funnel on the US side.

22 posted on 12/01/2012 10:15:17 AM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: deweyfrank

Curious how Obama never goes after Buffett to pay the over $1 BILLION in back taxes he owes—for over 8 years.

That might build a bridge or something......


23 posted on 12/01/2012 10:43:35 AM PST by ridesthemiles
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To: Kenny

Romney/Ryans 1st part of their 5 point plan was energy production. Romney said he’d build the pipeline himself. The American voter chose free condoms instead. Gasoline will have to go to 6 - 8 bucks a gallon before they realize windmills are a hoax and white guys and the oil companies aren’t so bad after all.


24 posted on 12/01/2012 12:05:19 PM PST by Blackirish
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