Does our Fraudinator-in-Chief care about jobs? You bet he does. So long as they exist only on paper.
Or they are non-existent solar panel green jobs. Or they are public sector jobs....you know, teachers, government paper shufflers, SEIU, etc.
But private sector shovel-ready jobs? Hmmmm, not so much. We need some more environmental impact studies.
The Canadian Keystone XL oil pipeline is ready to go. Massive oil reserves are ready to be pumped from the ground and delivered to the U.S.
That would mean 20,000 jobs here in this country, less dependence on the Arabs, and possibly, lower gas prices. A win-win, right?
Nyet, comrade. No gas for you. Obama can't enrage his socialist no-growth flat-earth environmental buddies. That's his base for 2012.
So he kicked the oil can down the road to post-election 2013 as far as a decision on Keystone is concerned (c'mon, we know what his decision will be if he's re-elected). He did what he does best....he voted present.
OK says Canada -- we will ship the oil to Asia. China is a ready and willing customer. Way to go Barack!!
But there is another reason to delay the pipeline. In the wake of the 2009 Gulf Oil spill Obama's kneejerk reaction was to suspend all deep-water drilling and permitting to U.S. companies, and announce a lengthy period of environmental impact studies to ward off any legal complications. At the same time Obama-buddy George Soros made a substantial investment in Brazil's
Petrobras which does deep-water drilling in the Gulf. Obama traveled to Brazil and announced that the United States would be Brazil's "best oil customer" thus benefitting Obama-buddy George Soros.
In North Dakota there is an oil boom going on at the Bakken Oil Fields. Who benefits from the Keystone delay? Obama-buddy number 2 -- Warren Buffet.
From Investors Business Daily:
Interestingly, another billionaire, Obama economic inspiration Warren Buffett, stands to benefit from the Keystone XL pipeline delay.
As oil production ramps up in the Bakken fields of North Dakota, plans to use the pipeline to transport it have been dashed.
As a result, North Dakota's booming oil producers will have to rely even more on the Burlington Northern Santa Fe (BNSF) railroad, which Buffett just bought, to ship it to refineries.
Buffett's Berkshire Hathaway has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion. Berkshire Hathaway already owns about 22% of Burlington Northern, and will pay $100 a share in cash and stock for the rest of the company.
North Dakota vaulted past Oklahoma and Louisiana in 2009 to be the nation's fourth-largest oil producer after Texas, Alaska and California.
Rail shipments accounted for up to 65,000 of the nearly 343,000 barrels of oil produced daily in North Dakota in December. That percentage is likely to increase.
Many of the rail shipments from the Bakken fields are being handled by BNSF Railway Co., which has more than 1,000 miles of tracks in the region.
Crony capitalism at it's purest. As we have said over and over since the inaugeration.....the most corrupt administration in U.S. history.
The following are links to some excellent articles on the Keystone scandal: