Obama may be showing his cards on Keystone XL
The doubts he expressed about the proposed pipeline's job creation and economic benefits in an interview say plenty.
Is President Obama leaning away from supporting the controversial Keystone XL pipeline? Advocates say the proposal -- which would carry oil nearly 1,200 miles south to the U.S. Gulf Coast from the tar sands of Alberta and from new fields in Montana and North Dakota -- would give the U.S. an economic boost while furthering the nation's goal of achieving energy independence.
Early last year, the president agreed to deny a pending application on the pipeline's construction. At the time, the administration said that the multibillion-dollar project's impact couldn't be fully assessed in the 60-day timeline Congress had set, and it criticized the deadline as "rushed and arbitrary."
Reuters, quoting an unnamed U.S. official in May, said the White House wasn't expected to decide the pipeline's fate until the end of the year, or perhaps in early 2014.
But over the weekend, during an interview with The New York Times, Obama appeared to be tipping his hand by expressing concerns about the proposal's environmental impact while questioning claims that it would generate U.S. jobs.
"The most realistic estimates are this might create maybe 2,000 jobs during the construction of the pipeline, which might take a year or two," he said, "and then after that we're talking about somewhere between 50 and 100 jobs in a economy of 150 million working people."
Obama also doubted whether U.S. gas and oil prices would benefit at all from Keystone XL.
"What we also know is . . . that that oil is going to be piped down to the Gulf to be sold on the world oil markets," he added, "so it does not bring down gas prices here in the United States. In fact, it might actually cause some gas prices in the Midwest to go up, where currently they can't ship some of that oil to world markets."
The president also noted potential benefits to integrating America's energy supplies with Canada's. But he stressed his plan to evaluate the pipeline on its potential environmental impact is "based on whether or not this is going to significantly contribute to carbon in our atmosphere."
Typical linear liberal thinking...... To construct a pipeline that large and long will take many more than 2000 employees, most of which would be union. These are mostly licensed skilled workers in specialty fields with most making many times more than most college graduates these days. Why unions back this guy is beyond me??
Beyond that, the supply chain is huge and wide. Steel, welding equipment and supplies, earth moving equipment and supplies, trucks and trucking supplies, electrical controls, pumps, housing, food, clothing, tools that the workers will use. All together the direct impact will be tens of thousands of high paying skilled jobs.
In addition.... it will help us towards energy independence. To you carbon footprint people. The oil WILL BE used somewhere, be it here or somewhere else!
Unfortunately this once Great and Intelligent country elected an "Ellsworth Toohey" as our President!! The Serferdude
He's just waiting until after the election to say no....and everybody knows it...
Who needs 150,000 jobs when Obama wants everyone to be out of work and depend upon the government? Go Barry! You are burying this country.
Worst president, ever.
The U. S. oil fields in Montana and North Dakota and fields in Canada are having trouble getting the oil they produce to market due to a lack of sufficient pipeline capacity. Oil is being shipped by rail and partly by truck because of the pipeline shortage. If the situation gets critical enough that oil sales drop because of this lack of transportation, drilling crews (drillers, roughnecks, tool pushers,) truckers who move the drilling rigs, third party service companies (testers, electric loggers, frackers, casing crews, cementers, equipment suppliers, engineers, geologists, seismograph company employees, lease brokers, pumpers, roustabouts), and everyone else involved in the many jobs required in drilling and producing oil wells will suddenly find these jobs disappearing. The Keystone XL Pipeline will create additional markets for the oil we produce and help preserve the many jobs mentioned above. It's not just the 2000 jobs for the pipeline. It's thousands of jobs in the oil industry that will be preserved by maintaining a market for the oil.
Everyone knows gas prices will never come down,pipeline will help the big oil companies thats as far as it goes.
Where were you idiots when Bush was in office?
Where were you clowns when this nation was moving into another senseless war (Iraq).
You speak of food stamps, you Right Wingers invented the word, your goal has always been to keep the poor enslaved. Why does this nation still hold onto to affirmative action? The answer surrounds the fact that you have idiots (RW) who are dead set on keeping the lines of inequality open for business. If you want to blame anyone, blame yourselves. The Prez has always put forward every effort to continue to build equality for all Americans, even the ignorant numbers that choose to lurk in the dark, spreading hate.
Obama is my savor I shall not work
Obama is my czar of carbon and taxes
I shall not starve for he gives food stamps
I shall only vote Democratic for all my days.
Every person who has commented about this issue, seems to have done so based on politically biased opinions. Why not take out politics, and look at the true environmental impact. We are Americans, we are supposed to be on the forefront of technology. We should not be digging up our own beautiful backyards for an obsolete fuel source. It's time to learn from our past mistakes.
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
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