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Friday, November 11, 2011

Pipeline Decision Signals U.S. Is Not Open for Business and Obama's Not Serious About Jobs

Some commentary on postponing the Keystone XL pipeline decision until after the 2012 election:

1. "If Keystone XL dies, Americans will wake up the next morning and continue to import 10 million barrels of oil from repressive nations, without the benefit of thousands of jobs and long-term energy security."  

~CEO Russ Girling of TransCanada Corporation, the company that applied for the permit to build the pipeline.


2.  "So much for the U.S. being the bastion of free enterprise and respecting due process.

With the State Department announcing Thursday it wants to explore alternative routing for TransCanada's Keystone XL pipeline, after the project has been subject to 36 months of review - dutifully following a prescribed process that resulted in thousands of pages of documentation - the U.S. has signalled to the world it is not open for business.

Businesses need certainty and transparency to make investment decisions; that has been destroyed with one news release."

~Deborah Yedlin, Calgary Herald


3. "President Obama used to be fond of "shovel-ready projects." He's also demanding that Congress pass his jobs bill immediately because 9% unemployment is a crisis, and, by the way, he's for making the U.S. less reliant on energy from tyrants. So how about putting 20,000 Americans to work on a North American energy project that's as shovel-ready as they come? Sorry, Mr. Obama is voting present."

 ~WSJ editorial 

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