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Tuesday, March 20, 2012

Obama To Approve Southern Portion Of Keystone; He's Preparing For GOP-Controlled Congress

On Thursday Pres. Obama will announce plans to approve the Southern portion of the Keystone XL Oil Pipeline.

This announcement comes just 2 months after he said his administration needed at least 6 months to review plans of the pipeline for Environmental Safety purposes.

So why the sudden rush?

Politics! i.e., an approaching election & Gas Prices.

I told ya'll Pres. Obama is preparing to work with a 100% GOP-Controlled Congress just as Bill Clinton had to do.

Pres. Obama will most likely squeak through a Win but the Senate will most certainly go to GOP Candidates due to the amount of Big Money being spent by Wealthy GOP Super PACS & from Wall Street Executives.

As this election closes in don't be surprised to see Pres. Obama veering more & more to the Center.

Once the election ends & the new Congress is Sworn in, Pres. Obama is going to govern from a Very Conservative, Very Moderate perspective.

Just Watch.

Obama to fast track southern portion of Keystone XL Pipeline

President Obama plans to announce in Cushing, Oklahoma Thursday that his administration will expedite the permit process for the southern portion of the Keystone XL pipeline, a source familiar with the president's announcement tells CNN.

In January, the Obama administration denied a permit for the 1,700 mile long Keystone XL oil pipeline, which would stretch from Canada's tar sands development to the U.S. Gulf Coast. That decision was met by persistent Republican criticism that the president has not been doing everything possible to create jobs and combat high gas prices.

Late last month, TransCanada, the company behind the Keystone XL Pipeline, announced it would move forward with the process to build the southern portion of the pipeline, which would begin in Cushing, the president's third stop on his two-day energy tour. The White House praised the move.

Still, the permit process for a project like this can typically take a year or more. The source familiar with the president's announcement says the administration could shave several months off that timeline.

Senior administration officials would not confirm the president’s plan to unveil the effort to cut red tape for the project, though one senior administration official acknowledged the need to deal with the glut of oil in Cushing, where oil from the Midwest hits a bottleneck as it is transported to the Gulf of Mexico.

Such an announcement would no doubt be met with opposition from environmentalists, many of whom spent weeks protesting the Keystone XL project outside the White House late last fall into the early winter, before the administration announced its objection to the pipeline.

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Sources: CNN, PBS, Youtube, Google Maps

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