I hope everyone is comfortable with paying over 3.00 a gallon for gas, because its about to sky rocket. Today the administration is set to announce the rejection of the Keystone Pipeline.
For those of you who haven’t kept up, it is a planned pipeline from Obama initially wanted to delay his decision until after the 2012 election, but Congress forced his hand and gave him a 60 day notice.
The work alone on this pipeline would create initially some 20,000 jobs which would potentially grow into 100,000 and give our country a much needed financial shot in the arm.
The reason for rejecting it is Environmentalist concerns and those all important carbon emissions..
In a time when you have Iran , wanting to block the Straits of Hormuz, and threatening Saudi Arabia if they increase output. You have Nigeria and all the conflicts there… why wouldn’t you, as an administration want to help your citizens? John Boehner was correct in saying this move is derelict.
The only positive I see coming from the rejection of this, would be a nail in the coffin for Obamas re-election. And it would be a weapon for who ever his opponent is in November. And he has to give justification to congress on why he made the decision..
