White House, environmentalists and U.S foundations seek to block all oil sands development
by Duggan Flanakin and Redmond Weissenberger
Oilfield workers in Alberta, refinery workers in Texas and countless factory workers just learned that the White House will not allow construction of an oil pipeline that would bring over half a million barrels of oil a day from Canada’s Alberta Province and North Dakota’s Bakken Field to refineries in Texas and Louisiana. The job-killing decision was a victory for radical environmentalists and well-heeled U.S. foundations that have long battled Canadian oil sands companies and the U.S. oil and gas industry.
President Obama says Congress gave him insufficient time to examine environmental issues. TransCanada Keystone Pipeline LP can reapply, he added, if it reroutes the pipeline around Nebraska’s Oglala Aquifer and Sand Hills area and addresses other concerns. In the meantime, the Administration insists, the project “would not serve the national interest.” (more…)