Ask people about the future of energy, and you’ll probably hear mention of “solar,” “wind,” and “ethanol.” These developing energy technologies have been invested in, loaned to, subsidized, and mandated—yet they’ve repeatedly fallen short.
If the vaunted renewables aren’t yet ready for prime time, what will we do if, for example, Iran makes good on its threat to close the Strait of Hormuz and blocks a significant supply of the world’s energy? Just the fear of a supply disruption bumped up the price of oil.
The geopolitics provide a perfect backdrop for pushing the pipeline that will boost the economy through more jobs and price stability, provide energy security, and help balance the trade deficit. Opponents see building the Keystone XL pipeline as a flashpoint for the struggle between old and new energy paradigms—yet with the failure of so-called future energy, the pipeline is representative of our energy future.
Untold billions of taxpayers’ dollars have been spent trying to force renewables into an unnatural economic timeline with the expectation that the laws of nature will bow to the laws of politicians. Yet, not one of them produces a significant percentage of our energy needs. If we lost 20% of our renewable energy, we’d never feel it. If we lost 20% of our oil supply—the amount that goes through the Strait of Hormuz, we could be back to the rationing and gas lines that are reminiscent of the Carter administration.
“President Obama repeatedly assured the American public that a slew of taxpayer-funded projects in his 2009 stimulus package were ‘shovel-ready.’ Yet few of these projects ever got off the ground, and the jobs they produced were negligible,” says National Center for Public Policy Research Senior Fellow, Bonner Cohen. “By contrast, the Keystone XL project really is shovel-ready. And even though it would produce jobs and energy quickly, he refuses to give it the green light.”
In a time of economic war, the Keystone XL pipeline is a job creator that requires no new technology or research, no taxpayer funding while generating new tax revenues, and no new infrastructure—all with virtually no risk (financial or environmental).
Harold McGowen, President and CEO of Navidad Resources in Tyler, TX, explains it this way….
Read more from Marita Noon, EPA Abuse.
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Why doesn't the USA government refine this crude oil from Canada in North Dakota, and then sell the end product to the Canadian and US populations!! Eliminate the need for Mideast oil!! Wake up America. This would create jobs and put a end for a long pipeline to Texas just to refine the crude; when it could be done on site.
MOST AMERICANS esp. the ones that didn't "vote' for maobama already know this James. It is the crony capitalistts and PACs and greedy that push for alternatives b/c they already have skin in the game and the rest of us are told to move on -nothing to see hear.
Oil, gas and coal are as much or more an issue of National Security as they are Jobs. Yet our White House occupier is pleased to keep our natural resources off limits and happy to see Canadian reserves head toward China rather than the US. Is there and common sense left??
Have you seen an increase in your electric prices now that many coal fired generating plants have been shut down? If not yet, just wait till next month.
actually, Obama holding up the pipeline could be another talking point used against him. “Remember the Keystone pipeline Obama blocked? Vote him out” Too bad our economy has to be held hostage until we can get rid of BO
America has enough resources (oil, gas, coal) still underground to supply our own country for at least 7 generations. With new technologies coming out, it could last a lot longer. Why does America believe we must depend on foreign oil?
I'll even add to this all the jobs that will be created, raise in incomes for mineral rights owners, boost to the economy with lower pricing. In North Dakota there is a job/construction boom going on right now. They can't find enough people to fill the jobs. They also don't have enough housing for those already there.
The Keystone XL pipeline will accomplish similar goal. New jobs, increased income, boost to the economy.
How does this NOT make sense?