From the Argus Leader, the Keystone XL pipeline people are asking for a pause in the review process. Not that they haven’t had a 7 year one already:
TransCanada, the company behind the controversial Keystone XL pipeline from Canada to the U.S Gulf Coast, has asked the U.S. State Department to pause its review of the project.
TransCanada said Monday it had sent a letter to Secretary of State John Kerry requesting that the State Department suspend its review of the pipeline application. The pipeline company said such a suspension would be appropriate while it works with Nebraska authorities for approval of its preferred route through the state that is facing legal challenges in state courts.
The move comes as the Obama administration was widely expected to reject the pipeline permit application.
“We have just received TransCanada’s letter to Secretary Kerry and are reviewing it. In the meantime, consideration under the Executive Order continues,” State Department spokeswoman Elizabeth Trudeau said.
Some say that they simply want to pause the approval process in hopes of having a new administration to deal with. Well, if that’s the case, who can blame them?
The fact is that the Keystone XL permitting has become a national embarrassment of epic proportions, specifically at the expense of relations with our closest ally and neighbor Canada, with whom we already have several pipeline agreements with.
It’s drug on for years, and at a cost. $42 Million into the economy daily, according to one source:
Since President Barack Obama took office in 2009, the State Department has sat on the pipeline’s approval and not issued its recommendation on whether or not the project is in the national interest. That delay has added up, according to AFF, costing the U.S. economy $15 billion per year.
“At today’s price of crude at $51.76, this would gross over $42 million dollars a day or roughly $15 billion per year,” wrote VanWyhe, noting how much economic activity was lost by not moving 830,000 barrels of oil across the Canadian border.
and…
“Fiscally, economically, environmentally and strategically speaking this project is a win,” VinWyhe wrote. “After nearly 7 years and $175 billion in lost economic activity, it is time for the construction of Keystone to come to fruition in order to allow Americans to experience the economic benefits.”
This debacle is an embarrassment to Obama.
Who pays? Mostly folks of color and single mothers who are again asked to fund these Quixote schemes of the federal government. From wind turbines that increase electricity costs, to more expensive fuel, to living next to the tracks where the rail tankers travel, to fewer modern jobs–the poor pay.
Meanwhile, Obama enjoys another home brewed beer.
Where is the party on private rights of ownership,all about the money.Where were all those jobs that would be created another farce.
Private rights of ownership?
TC has/had no intention of owning private property. They would own the pipeline, not the property.
Obviously there are many land owners that don’t see it that way and the conservatives side with the foreign company over the land ownership of Americans.
” They would own the pipeline, not the property.” Ok, that’s a real convenient when the farmers field is saturated with leaking crude… You guys aren’t fooling anybody you are hypocrites
Drama queen!
Bring us a pipeline where its whole corridor or a significant part of it is “saturated in crude.” Just a name, location and some descriptive facts, nothing major.
“foreign company over the land ownership of Americans.”
1. Xenophobia anyone?
2. XL is seeking to buy EASEMENTS, not ownership. Comprendo?