[Ernest_at_the_Beach]

So how is Obama going to decide on the Keystone XL pipeline?

Can he finesse some revenue out of it?

Related thread:

The price of Keystone (pipeline) may be a (Canadian) carbon tax

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02/13/2013 11:22:59 AM PST · by E. Pluribus Unum · 12 replies Financial Post ^ | Feb. 11, 2013 | Terence Corcoran Tax could provide cover for approval of oil sands pipelineHello Canada! Are you ready — ready for a new national tax on carbon that will ding pocketbooks across the country? My bet is that a new carbon tax is coming, made almost inevitable by Prime Minister Stephen Harper’s full-bore push to secure Washington’s approval of the Keystone XL pipeline.For early clues on the carbon tax/Keystone trade-off, tune in Tuesday night to President Barack Obama’s State of the Union address. As the president speaks, he will be alert to the chorus of Hollywood stars, environmental activists, editorial writers and industry leaders...

[Enterprise]

I favor the pipeline, but the window might be closing on it. The environmentalists would "win" and the union members who would have had those jobs would "lose."

There is a whole lot of fracking going on, and the infrastructure is being built to accommodate the oil being produced. Oil can be shipped to the east coast and to Texas refineries by truck or train and this takes some of the pressure off the need for foreign oil. I read where one east coast refinery will not be closed now because of the availability of oil from the states. The possibility exists that if the pipeline isn't approved in the near future, that it may soon become economically unfeasible.