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Friday, April 27, 2012

Senate Democrats Close Ranks To Stop Approval of Keystone XL

Link here.
President Barack Obama, who has put northern portions of Keystone on hold due to environmental concerns, has threatened to veto any bill containing the pipeline if it included an immediate approval of the entire project.

Most Senate Democrats are opposed to including the Canada-to-Texas pipeline in the bill, but it would only take two of the Democratic negotiators to join Republicans to move the project another step closer to congressional approval. It now appears as if none will.
I'm not sure what the writer means by saying the president "has put northern portions of Keystone on hold." The president killed Keystone XL 1.0, the entire pipeline. The company has only recently proposed a new route for Keystone XL 2.0N to Nebraskan legislators (the president has not weighed in on this new proposal to the best of my knowledge). TransCanada is going ahead with XL 2.0S.

The more accurate way to report this:

President Barack Obama, who killed the original Keystone XL, has threatened to veto any bill calling for an immediate approval of the entire project.
Regardless, it's all idle chatter. Come November 8, 2012: the Keystone XL will be approved.  All politics. Folks are getting used to $4 gasoline going into the driving season. At least that's what the tea leaves are telling me.

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