Saturday, December 20, 2014

Obama says in year-end presser that Keystone pipeline will carry only Canadian oil and have minimal impact on gas prices – but one senator says he's dead wrong

The Daily Mail reports:
President Barack Obama stepped into an oil-slicked Keystone Pipeline mess on his way out of town Friday, contradicting the findings of his own State and Energy Departments.

The pipeline, a 1,179-mile long planned conduit stretching from Albert, Canada to the Gulf of Mexico, has generated environmental controversy that the administration pledged to weigh against the project's economic impact.

Obama claimed Friday during a press conference before he left for an extended vacation that America would hardly notice the $8 billion enterprise's impact on their pocketbooks.

'At issue in Keystone is not American oil. It is Canadian oil that is drawn out of tar sands in Canada,' he told a packed press briefing room.


You wonder if Barack Obama has ever taken a class in economics.