Obama Rejects Keystone LX Pipeline; Fed Oil Leases Down 40%
January 19, 2012 9 Comments
President Obama rejected the Keystone XL Pipeline yesterday. In doing so he blamed Republicans for only giving him 60 days to review the proposal. Never mind of course that the Federal government has known about the Keystone pipeline for years and has already before rejected it. Interestingly the President has until mid-February to make a final decision and yet he rejected it a month early. Such suggests he was always going to reject it and didn’t take the proposal seriously.
This is a pipeline that would create 20,000 jobs immediately and would create many more residual jobs. The President believes there are more jobs in unemployment benefits and tax rate extensions than in the Pipeline. But of course when has this President ever been rational about energy. He won’t allow new offshore drilling in the US, which would create American jobs. But he’s willing to pledge to buy offshore oil from Brazil. He won’t make it easy for Americans to buy Canadian oil but apparently we’re to continue to buy oil from Saudi Arabia and other Muslim nations that hate us. Or does he think the Chevy Volt coal powered car is going to suddenly take off?
This administration is engaged in a full scale war against energy independence. While Obama is running around declaring that we produce more oil than ever in this country, none if it is thanks to the Federal government. It’s all thanks to private land owners in Texas and North Dakota. Under Obama, Federal oil leases are down 40%. The Federal government only issued one offshore lease in 2011.
It should come as no surprise that Federal oil leases are down considering that Ken Salazar is in control of them. As a Senator Salazar repeatedly opposed Federal oil leases, especially offshore. Salazar has said that he isn’t opposed to $10/gallon gas. While the media isn’t reporting this, it’s important to note as the election heats up. The GOP candidate, whoever he may be, is a supporter of energy independence. Obama is a supporter of energy dependence with a dash of utopian environmentalism nonsense.
Keep in mind, in 2008 Obama said he supported higher gas prices. As President he’s done everything in his power to make sure prices rise and stick. Gas was $3.50 last year on average. Here in Michigan the average price today is $3.45. Keep in mind, January is a slow driving month. Prices are usually less during the winter. One can imagine that we’ll be looking at $4 gas come summer. This is exactly what Obama wants. Higher prices.
Obama has no interest in the Keystone Pipeline because he has no interest in energy independence and a return to cheap gas. He wants American dependant on the government and if there’s one thing that makes us less dependant and more free it’s the automobile. Couple that with Obama’s environmentalist agenda and it’s the perfect storm of higher gas prices and foreign energy dependence.
We can only hope the Canadians wait until after the election before selling their oil to China. If the GOP wins, we’ll finally start seeing cheaper gas. The Pipeline will be built and more permits will be issued. Oil can become the new natural gas. (note the left loved natural gas as a clean burning fuel until it could be extracted from shale rock and the price dropped dramatically. Then the left hated it) We can return to gas under $2 a gallon but not so long as Obama is President. This President is hellbent on increased gas prices and continuing America’s energy dependence.