Apparently Barack Obama is a fan of dependency on middle east oil, and no fan of new jobs. At least, this is what you could take from his decision to reject the Keystone pipeline.
The Obama administration is set to reject the long-delayedÂ TransCanadaÂ oil sands crude project later Wednesday following opposition from environmentalists.
After delaying the project past the November 2012 election, President Obama wasÂ compelled by CongressÂ to decide by Feb. 21 on whether to approve the pipeline that would sharply boost the flow of oil from Canada’s oil sands.
For the record, this is a rejection of the application in its current form. There is talk Obama will engage in a new application process once the company mades adjustments to a portion of the planned route.
â€œWe should allow more access to oil, natural gas and coal opportunities on federal lands,â€ states theÂ year-end reportÂ released Tuesday by the Presidentâ€™s Council on Jobs and Competitiveness.Â
The report does not specifically mention the Keystone XL oil pipeline, but it endorses moving forward quickly with projects that â€œdeliver electricity and fuel,â€ including pipelines.
Specific job estimates on the Keystone pipeline are all over the map, but there seems to beÂ consensus the project will create at least 5,000 jobs and could generate up to 20,000 when all is said and done.
Obama’s true agenda is showing its ugly head and unfortunately it appears to have its priorities completely backwards. Well, that depends of what the end goal is, of course.