While the world did not suddenly stop after Obama's [Keystone XL] decision, the political dynamic concerning the environment definitely changed.
When the oil pipeline project between Canada and the U.S. was submitted to the White House for the first time, American oil production was at its lowest ebb. The oil price per barrel was averaging $140. This was in September 2008, and no one could have expected that shale gas and oil could revolutionize the country’s [Read more]
<i>There is going to be a remarkable televised debate between the Democratic presidential candidates this Tuesday evening in Las Vegas. Imagine a medieval duel, but where an armored knight takes on a much more agile Robin Hood, while an approaching dog happens to latch onto one of their legs.</i>
There’s a big fella to the south, a bruiser with a beef arm, to frighten off any bullies.
Is there any logic to it? Apparently it does if your name is Obama. But that’a a pretty small population base.
While I’m sure Obama had genuine concerns about the new pipeline, he also knew where his political bread was being buttered.