Revisiting the pipeline

Monday, November 12, 2012
 | 
Chris Woodward (OneNewsNow.com)

There has been a lot of talk since the election about President Barack Obama approving the Keystone XL pipeline, and one expert sees reason to believe that the rumors are true.

Loris, Nick (Heritage)Nick Loris, an economist focusing on energy, environmental and regulatory issues for The Heritage Foundation, thinks the Keystone XL pipeline will be pushed through to the forefront "for the reason that President Obama said he was going to make this decision soon after the election and in the beginning of 2013, and it's obviously already been sufficient time in which the Department of State completed its environmental review and came to the conclusion that the pipeline would pose no significant environmental risk."

The decision would ultimately involve the northern leg of the pipeline, which crosses the Canadian/United States border, thus requiring a presidential permit.

"The part of the pipeline from Cushing, Oklahoma, down to the Gulf Coast -- since that's all within the United States, construction has already taken place," the economist explains.

A recent editorial in the Canadian The Globe and Mail calls on President Obama to approve the pipeline, admitting that some of the concerns about a pipeline carrying Canadian bitumen are "valid."

"Well, the environmental concern really is that, one … it runs over the Ogallala Aquifer in Nebraska. But if you look at the state of Nebraska, it looks like a spider web of oil and gas pipelines," Loris notes. "The other concern from environmental activist organizations is that Canadian tar sands oil is more greenhouse gas intense than other oil we produce and we import."

The energy economist explains that that is an insignificant portion of emissions compared to global emissions -- not to mention that even if Obama does not agree to build this pipeline, the oil will go somewhere else, namely China, where it will be refined in less regulated refineries.

Consider Supporting Us?

The staff at Onenewsnow.com strives daily to bring you news from a biblical perspective. If you benefit from this platform and want others to know about it please consider a generous gift today.

MAKE A DONATION

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

Absent the cooperation of Congress, is President Trump taking the right approach to offset the negatives of ObamaCare?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

NKorea says 'a nuclear war may break out any moment'
Trump says predecessors didn't honor fallen; response heated
Iraqi forces push into disputed city as Kurds withdraw
Somalia truck bombing toll over 300, scores remain missing
Trump, McConnell insist they're together for GOP agenda
Judge accepts Bergdahl's guilty pleas
New Jersey Muslim convicted of terrorist attack

LATEST FROM THE WEB

Here’s the connection between sexual predator Harvey Weinstein and Bill Clinton
Trump: I know how Bannon feels about Republicans
Kimmel on losing conservative viewers: 'I probably wouldn't want to have conversation w/them anyway'
Las Vegas guard Jesus Campos vanished after visiting urgent-care clinic, union leader says
Harvey Weinstein investigated by NYPD for alleged 2004 sexual assault

CARTOON OF THE DAY

Cartoon of the Day

REASON & COMPANY

NEXT STORY
Hospitals will see massive layoffs, decline in 2013

Hospitals are expected to cut some 93,000 jobs in 2013 in anticipation of ObamaCare. A former presidential candidate and conservative advocate says America needs to prepare for major changes in the medical industry.