Posted on 03/04/2013 4:45:27 PM PST by raptor22
War On Energy: In yet another clean bill of health, the State Department's draft review says the pipeline from Canada will not affect global warming or harm aquifers it crosses. But it will create jobs and economic growth.
The U.S. State Department's second Keystone XL supplemental environmental impact statement, which represents the project's fourth environmental review, finds the pipeline would not accelerate global greenhouse gas emissions or significantly harm the natural habitats along its route.
This sent the administration's environmentalist base into spasms of hysteria. Greenies had warned that the extraction of crude from Alberta's oil sands would release dangerous amounts of greenhouse gases.
That is arguable, but the fact is that even if Keystone XL is not built, Canada is not about to leave its greatest resources in the ground. Unlike the U.S., it puts the economic well-being of its people first and will extract the oil anyway and simply send the oil to an eager China.
"The approval or denial of any one crude oil transport project, including this proposed project, really remains unlikely to significantly impact the rate of development of the oil sands or the continued demand for heavy crude oil in the U.S.," said Kerri-Ann Jones, the assistant secretary of state for Oceans and International Environmental and Scientific Affairs.
(Excerpt) Read more at news.investors.com ...
Just build the damn thing! Forget about the State Department. We need the pipeline to bring the oil they are producing in our northern states brought down to the Houston refineries! If we need a one or two foot connection to Canadian oil pipelines we will build it!
IBD EDITORIAL PING
Kudlow had a big discussion on this including a young lady from the American Petroleum Assoc.
The new Energy Secretary nominee is in favor of Fracking...maybe he will put in a word for the Pipeline also.....although I think Barack has delayed about as far as he can go.
There is a 45 day period for Public Comment.
Director of the Sierra Club is Blogging about hypocrisy on the Potomac and urging his readers to get cracking in sending in their comments against building the pipeline.
IBD EDITORIAL PING
Albatross "Sequester" is homing in on Obama....
and another Albatross "Keystone" is just taking off
Obama on hearing the news.
IBD EDITORIAL PING
Is that a map of existing pipelines with only the Keystone added?
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