Keystone Pipeline Expansion dead in the water

Thanks to the Obama administration who instead of thinking about doing the right thing attempted to “appease some of those 5% minorities.”  The project is now dead in the water with 18 months set to complete a scientific study to figure out the effect this would have on the region.  From Canada’s financial minister Flaherty :

“The decision to delay it that long is actually quite a crucial decision. I’m not sure this project would survive that kind of delay.” 

So obviously the decision to post-pone the decision (kind of ironic) forces the decision anyhow.  So what are the effects of this decision?

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Economics of oil and the American Dream

A new hurdle has been passed for the Keystone Pipeline, as expected it was ran through on a Friday Afternoon when DC and New York City was evacuating for an incoming hurricane.  Seems they save “bad” decisions for the environment for when news will not report it.  Typical to say the least:

http://www.marketwatch.com/story/transcanadas-keystone-pipeline-clears-hurdle-2011-08-26?reflink=MW_news_stmp

Picture courtesy of http://www.oilempire.us/tarsands.html

But let’s get out of the gutter and talk facts.  I like facts.  They are the bread and butter of reality and they paint a picture which will never be wrong.  For instance, in the above picture some people see evil.  I see jobs, taxes, and production.  Some people see hell.  I see human ingenuity, environmentalism, and above all else a work ethnic from Canada.  We can argue over the semantics all day long, but what you see in production is up to the person.  But the reality here is that these oil sands have produced a vibrant economy in a location in Canada that is exploding in population growth, and other jobs are making this the most prosperous of the Canadian provinces.   What is it that you see when you see that picture?  I will leave that for now and go on to explain how its irrelevant whether this pipeline is built, the oil will still be sold and someone will buy it.

We may be able to pick the reality we see from pictures such as this, but human ingenuity should never be questioned and the right of people to work should never be up to activists who spend their time just trying to take apart jobs and dismantling economies all in the name of the “Greater Good.”