Crimson Red Sports

The Obama Administration on Thursday announced that it would delay a decision on the pipeline until after the 2012 election.

The Keystone pipeline would have done what the President’s hundreds of billions of dollars in stimulus spending failed to do. It would have created thousands of jobs (tens of thousands, by some predictions), while generating $5.2 billion in property tax revenue for Montana, South Dakota, Kansas, Oklahoma, Nebraska, and Texas. And it would have done it all with private dollars–not taxpayer dollars.

Heritage’s Nicolas Loris explains:

Radical environmentalists act as if this is the first oil pipeline being built in the United States. We have 50,000 miles of oil pipeline in this country that have provided massive economic benefits with minimal environmental harm.

In short, building the Keystone XL pipeline is nothing new, and it’s one of the most environmentally sensible ways to transport oil. Even the Obama Administration determined it to be safe when the State Department’s recent Environmental Impact Statement found that the pipeline would pose few environmental risks.

So, block the XL pipeline if you think the environment will be better served by shipping Canadian oil an extra 6,000 miles across the Pacific in oil-consuming super tankers and then refining it in less-regulated Chinese refineries. In addition, be aware that replacing the Canadian oil means the U.S. also must import more oil by tankers, which are less efficient than pipelines.

^^^ This is what happens when you put the touchy-feely kooks in charge.

 SIAP