Unless we say the President is dumb, he must be nuts.
We have now found that North America is not the only place where there are untapped deposits of gas and oil that dwarf what we thought existed. So, if the US doesn't produce it, somebody else will. Further, the developing countries of India and China are going to burn whatever carbon they can lay their hands on.
It has to be another lie that he said his energy policy would be "all of the above" ... as he's doing a great job of keeping the lid on carbon-based energy.
The part of the pipeline that is already under construction (that didn't need State Dept. approval), has already generated 4,000 jobs, according to this article.The president, in an interview Saturday with the New York Times, repeated his position that the administration’s decision will be “based on whether or not this is going to significantly contribute to carbon in our atmosphere.”(As far as I can recall Congress did not pass any law that predicated energy production based on carbon emissions into the atmosphere. Did I miss something?)
However, he also took a swipe at what he described as the Republicans’ argument that Keystone would be a “big jobs generator.”
“There is no evidence that that's true,” Obama said, arguing the best estimate is 2,000 initial construction jobs followed by no more than an additional 100 jobs. The newspaper's transcript of the interview showed Obama chuckling as he made the point.
“That is a blip relative to the need,” he said. (So, is there something else he has in mind to create some jobs? So far nothing has materialized.)
His estimate is significantly lower than his own State Department’s projection of 42,000 constructions jobs and way smaller than the 118,935 that project developer TransCanada expects.
Read more: http://www.foxnews.com/politics/2013...#ixzz2aU7fTdbA