President Obama vetoed the Keystone Pipeline Project today because he claims the deadline to consider the project had passed before the State Department could study the merits of the proposal.
What else does the State Department have to do?
The pipeline could provide thousands of jobs and help edge the US off non North American oil sources. If this government was truly interested in solving the energy problems plaguing America, they would use this as a first step while developing alternative energy. The term "alternative energy" has been around since the 1970s when then President Nixon pledged energy independence from the Middle East "by 1980." You can see how well that has worked out.
When summer arrives, we will hear the all too familiar refrain that "Americans are driving more" and the oil speculators will use that as an excuse to drive up oil prices and we will be paying $4 a gallon.
If that happens, say goodbye to any hint of economic recovery and Obama had better start dusting off the resume.
Get the commodities under control, (bring back Glass-Stegall) or this will never get any better.
pic from Splicetoday.com
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