Thursday, January 19, 2012

Pipeline decision a huge blow to U.S. energy security | Shadow Government

Pipeline decision a huge blow to U.S. energy security | Shadow Government:
Even as the civilized world wrestles with the question of how to confront a nuclear-bent Iran while avoiding a backlash against international oil prices, President Obama has just caved on a crucial decision that would have improved immeasurably the United States position in global energy markets, not to mention created thousands of jobs at home and improved U.S. energy security decades into the future.

The president's decision today to reject a Canadian company's application for a permit to build the Keystone-XL oil pipeline across the U.S.-Canada border once again represents a capitulation to a narrow public interest group -- the Green Lobby -- at the expense of the national welfare.