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Defend Mideast Oil, But Refuse To Build Keystone?
Investor's Business Daily ^ | IBD staff

Posted on 12/29/2011 5:00:47 PM PST by raptor22

Energy Independence: As our enemy Iran threatens to close a vital waterway for the shipping of oil, plans for a secure, job-creating supply from our ally Canada gather dust on the president's desk.

The blustering threat from the quite mad Iranian mullahs and their supremely mad leader, Mahmoud Ahmadinejad, may be just a bluff, but then again it might not.

It may just be an attempt to intimidate and poke the eye of an American president perceived as weak and whose failure to support and exploit the "Iranian Spring" of 2009 may come back to bite us.

These are not completely empty threats, however.

They come at a time when the economies of the U.S. and Europe are faltering, and from a regime concerned that its work on nuclear weapons and the missiles to carry them might be threatened.

Iran sees an American president who has abandoned both Israel and Iraq to their own devices.

In a show of force, the John C. Stennis carrier battle group sailed through the Strait of Hormuz on Wednesday, halfway through Iran's 10-day war game exercise in the region, and arrived following a warning from the Bahrain-based U.S. 5th Fleet's spokeswoman that any disruption "will not be tolerated."

The economic impact of the West's being denied, even temporarily, the oil that passes through the Strait of Hormuz would be significant.

(Excerpt) Read more at news.investors.com ...


TOPICS: Canada; Editorial; Government
KEYWORDS: alberta; bakken; canada; ibd; ibdenergfy; ibdenergy; iran; keystonexl; nucleariran; oil; pipeline; straitofhormuz; tarsands

1 posted on 12/29/2011 5:00:52 PM PST by raptor22
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To: Nachum; markomalley; Clairity; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; ...

Pipeline ping


2 posted on 12/29/2011 5:09:08 PM PST by raptor22 (Join me on Twitter @gerfingerpoken)
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To: raptor22

Who’s running this place? Idiocy incarnate.


3 posted on 12/29/2011 5:31:59 PM PST by Ole Okie
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To: Ole Okie

Jim-Rob, same as alw...

OH! You mean in Worstington, DC.

That would be the Green Communazislamists O put in charge of the asylum.


4 posted on 12/29/2011 9:47:32 PM PST by ApplegateRanch (Islam: A Satanically Transmitted Disease spread by unprotected intimate contact with the Koranus)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks raptor22.


5 posted on 12/30/2011 1:15:34 AM PST by SunkenCiv (Merry Christmas, Happy New Year! May 2013 be even Happier!)
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