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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