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Torn between the need to create jobs, reduce the cost of energy and get our economy going on one hand, and the emotional biases of his environmentalist base on the other, Obama punted. I assume that if and when the time comes–post-election–Obama will do what he has wanted to do all along, and kill the pipeline.

We have written about Keystone a number of times. In this post, we quoted a study that concluded the pipeline would moderate the price of oil and create between 250,000 and 553,000 permanent American jobs. Here, we quoted at length another study of the beneficial effect of the pipeline on our economy, along with related energy development policies. There simply is no doubt that building the pipeline and transporting Canadian oil efficiently to refineries in the U.S. would give our economy a major boost.

I don’t suppose anyone remembers the speech that President Obama gave in support of his “Jobs Act” on September 7–ancient history, I know–and it is almost cruel to remind this inept president of his own words. This is what we wrote at the time:

Obama evidently has forgotten the stimulus bill and the many thousands of shovel-ready jobs that, as Obama later admitted–ha-ha–weren’t so shovel-ready after all. So, what has changed? Why will this year’s smaller “stimulus” create jobs when his previous, much larger bill was a complete failure? This was the closest Obama came to an answer:

We’re cutting the red tape that prevents some of these projects from getting started as quickly as possible.

Really? “Red tape” as in environmental regulations that block the construction of–for example–refineries and pipelines?

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Originally posted by Florida Righty:
He caved to the hundreds of environuts that circled the White House last weekend. I read that China is really interested in obtaining that oil.

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AFP - Canadian Prime Minister Stephen Harper said Sunday that he was looking at exporting more oil to China after the United States delayed a decision on a controversial pipeline.

President Barack Obama's administration last week put off a decision on Keystone XL project after a major protest campaign by environmentalists, who say the pipeline would be prone to accidents and worsen climate change.

The conservative Canadian leader, taking part in a summit in Hawaii hosted by Obama said the pipeline decision had produced "extremely negative reactions" and that he discussed oil exports with Chinese President Hu Jintao.

"This does underscore the necessity of Canada making sure that we are able to access Asian markets for our energy products," Harper told reporters. "I indicated that yesterday (Saturday) to President Hu of China."

The Harper government has pressed Obama to approve the 1,700-mile (2,700-kilometer) pipeline extension, which would stretch through Montana, South Dakota, Nebraska, Kansas and Oklahoma before ending up in Texas.

Canada, the pipeline's lead company TransCanada, and Obama's Republican opponents say the $7 billion project would provide the United States with a stable source of energy from an ally and create thousands of jobs.

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the $7 billion project would provide the United States with a stable source of energy from an ally and create thousands of jobs.

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AFP - Canadian Prime Minister Stephen Harper said Sunday that he was looking at exporting more oil to China after the United States delayed a decision on a controversial pipeline.

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Posted 11-12-2011 09:57 PM
President Obama is a feckless clown as evidenced by his voting "present" on approval of the Keystone Pipeline

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Based on the Department’s experience with pipeline project reviews and the time typically required for environmental reviews of similar scope by other agencies, it is reasonable to expect that this process including a public comment period on a supplement to the final EIS consistent with NEPA could be completed as early as the first quarter of 2013. After obtaining the additional information, the Department would determine, in consultation with the eight other agencies identified in the Executive Order, whether the proposed pipeline was in the national interest, considering all of the relevant issues together. Among the relevant issues that would be considered are environmental concerns (including climate change), energy security, economic impacts, and foreign policy.

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So, Zorro, tell me how the President voted "present" as you stated.

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Obama goes with environuts over jobs

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Obama did the correct thing, in the correct manner, at the correct time.