June 4, 2011

WELL, WHY IMPORT OIL FROM A STABLE FRIENDLY NEIGHBOR, ANYWAY? The Hill: Administration Blocks Restart of Massive Oil Pipeline Citing Leaks. “The order comes at a politically sensitive time for TransCanada. The company is seeking federal approval to expand its Keystone pipeline to carry Canadian oil sands from Alberta to Texas. The proposed project, known as Keystone XL, is currently undergoing a multi-agency review that is being headed up by the State Department. Comments on the project’s latest layer of environmental review are due by Monday. Environmental groups have mounted a campaign against the Keystone XL project, arguing that it puts the country at risk of major oil spills and noting that oil sands production results in more greenhouse gas emissions than traditional oil production.” I smell something, and it’s not carbon dioxide.