• 4 minutes China goes against US natural gas
  • 12 minutes WTI @ 67.50, charts show $62.50 next
  • 15 minutes Saudi Fund Wants to Take Tesla Private?
  • 3 hours Downloadable 3D Printed Gun Designs, Yay or Nay?
  • 1 hour Peak Oil is Now!
  • 9 mins Rattling With Weapons: Iran Must Develop Military To Guard Against Other Powers
  • 2 hours Russians hacking vs U.S., Microsoft President: Russians Targeting All Political Sides
  • 9 hours VW Receives Massive Order Of 1,600 All-Electric Trucks
  • 2 hours Corporations Are Buying More Renewables Than Ever
  • 16 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 21 hours CO2 Emissions Hit 67-Year Low In USA, As Rest-Of-World Rises
  • 23 hours The EU Loses The Principles On Which It Was Built
  • 24 hours Film on Venezuela's staggering collapse
  • 20 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 13 hours Batteries Could Be a Small Dotcom-Style Bubble
  • 23 hours Saudi PIF In Talks To Invest In Tesla Rival Lucid
The Productivity Problem In The Permian

The Productivity Problem In The Permian

The pipeline capacity crisis in…

Can U.S. Shale Stop A Global Oil Supply Crisis?

Can U.S. Shale Stop A Global Oil Supply Crisis?

U.S. shale is often overlooked…

Obama Once Again Delays Keystone XL Decision

In an ever increasing show of cowardice President Barack Obama has once again avoided making any decision about the fate of the Keystone XL pipeline, instead deciding to delay his verdict until later in the year.

Obama has always promoted himself as a strong supporter of action against climate change and therefore this decision is seen as a ley test as to his real commitment to the environment; however, he is stalling through fear of angering the powerful supporters of the project, now claiming that climate change is in fact just one of a host of priorities that he had promised to address during his second term.

350.org, the leading voice in opposition of project, quite rightly notes that “approving Keystone XL would make a mockery of the commitment he made at the inauguration to take action on climate change.”

Related Article: How will Energy Consumption be Limited as Supplies Decrease?

As he has constantly pushed the decision date back Obama has found himself with fewer and fewer supporters to hide behind. He initially called a halt to the project last year, claiming the reason to be the opposition from Nebraska and its governor Dave Heineman. But just recently governor Heineman has approved the route, stating that the “construction and operation of the proposed Keystone XL pipeline would have minimal environmental impacts in Nebraska.”

The Whitehouse now stands one its own with complete power over the fate of the project which has come to symbolise the clash between saving the environment and economic development.

Republicans are clamouring for the approval of the pipeline, correctly stating that “there is no bureaucratic excuse, hurdle or catch President Obama can use to delay this project any further. He and he alone stands in the way of tens of thousands of new jobs and energy security.”

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News