What is the benefit to the US to allow the Keystone XL Pipeline to be constructed? At a congressional hearing in December, Markey asked the president of TransCanada if he would agree to allowing Keystone XL oil and its refined products to stay in the U.S. He said no. So Markey then proposed an amendment to that effect, and Republicans said no—that it couldn’t be done, because the market for oil is not just domestic; it’s global. What Canada wants to do, says Markey, “is create a connection between Alberta and Asia and use the United States as the place where the pipeline gets constructed. And so if that’s all we are is a middleman in this transaction, then the American people should know that.” The GOP links the recent increase in gas prices to Obama’s obstinacy about Keystone even as oil production is at a record high. Last year for the first time the U.S. exported oil; in fact it was the number one export, a remarkable development says Markey. Yet consumers are paying more at the pump, which Republicans blame on Obama. Pushing back with a speech in New Hampshire Thursday on energy policy, Obama cited a news story that began with, “Gasoline prices are on the rise and Republicans are licking their chops.” “Licking their chops!” Obama exclaimed to laughter. “Now, let me tell you, only in politics do people respond to bad news with such enthusiasm.” He went on to offer a vigorous defense of his policies, saying there are “no short-term silver bullets” to keep prices down, and citing increased demand for oil in countries like China, India and Brazil as the biggest reason for rising prices. Use the Internet people the facts are out there. Republicans are lying to us.
Posted on: Fri, 09 Jan 2015 21:43:42 +0000
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