Posted on 01/11/2016 2:16:14 PM PST by grundle
The U.S. says it wants to help finance an oil pipeline in Africa.
TransCanada took Uncle Sam to court last week to reclaim some of the damage done by the Obama Administrationâs multiyear, drawn-out rejection of the Keystone XL pipeline. It may not come up in the litigation, but someone should point out that the same Obama Administration that rejected Keystone seems to have no problem supporting a new oil pipeline project in Africa.
That was the story last week out of Kenya, where U.S. Ambassador Robert Godec told Kenyaâs energy minister that Washington would help Nairobi raise $18 billion to finance its PowerAfrika project. The pipeline would stretch from Kenyaâs Rift Valley to Lamu on the coast. âKenya needs $18 billion worth of financing,â Mr. Godec said, according to a dispatch in Oilprice.com, âso one of the questions we are discussing is how we can work together with the private sector and governments to raise that sum, to find ways to make certain that this financing becomes available.â
Has Mr. Godec checked with Secretary of State John Kerry, or, perhaps more important, anti-oil Democratic financier Tom Steyer? Kenya and Northeast Africa could certainly use the investment and jobs that would come from the oil project. Then again, so could the United States. Whatâs with the double standard on pipelines?
Meanwhile, TransCanada said it is bringing an international arbitration case against the U.S. for not treating the Canadian company the way it would an American company, as it is obliged to do under the North American Free Trade Agreement.
(Excerpt) Read more at wsj.com ...
The “administration” is replete with anti-everything degenerate criminals who only care about their self-interests. May Righteous Justice find them all.
Approving Keystone would have hurt one of Obama’s major contributors.You know him,the guy owns a lot of oil tank cars we see everywhere.
Obama is no oil pipeline hypocrite. One would help a country which he loves, the other would help a country which he hates.
I read this piece this morning and thought it was excellent.
That guy was going to make money anyway, as 900,000 BOPD of production was going to get out of the Williston Basin somehow, and rail continues to be the next best cheapest way after a pipeline. Keystone would have only taken 100,000 to 200,000 BOPD of that oil away, anyhow (the bulk of the crude going south on the Keystone XL was to be from the Tar Sands in Canada).
Maybe that gave some half-white guy more street cred with blacks.
But it’s always good to limit your competition,anyway you can.
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Maybe the proposed pipeline in Kenya is on the south side of the equator, so it totally makes sense that Obama has agendas that are polar opposites?
Is that too reaching?
If our Congress funds that boondoggle, the entire bunch need to deported indefinitely. Gone, History, Never To Return.
That’s a good point.
On a long list of “need to do”s. I won’t be surprised if somehow the funding gets to Kenya. Obama will make them go along with sodomy and it will be a done deal.
What a wicked country we must appear as to the rest of the world under this piece of work. They hated us before, now they know we are pure evil.
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