Playing Politics, Obama is Killing Jobs and Delaying Economic Recovery
01/15/2012 2 Comments
It a global economy nations sell their resources into the best market. The emerging markets are in the rapidly growing nations in Asia, including China. President Obama and his socialist misery spreaders have made it clear that the United States is no longer in the market for Canada’s oil.
The initial plan was to build the $7 billion Keystone pipeline to deliver Alberta’s oil-sands crude to refineries in Texas on the Gulf of Mexico. Rather than do what is right for the nation, Obama is paying politics with jobs and the economy, by refusing to approve the pipeline.
Having lost patience with Obama, Canada is now looking to Asian countries to market its abundance of oil and natural gas as the proposed Keystone XL pipeline has stalled due to environmental resistance.
Prime Minister Stephen Harper will travel to China next month to discuss selling Canada’s bounty to the rapidly growing nations in Asia.
Harper reasoned that the US would be the best market for Canada’s oil resources, a friendly neighbor with energy needs, but it takes two parties to make a sale, the seller and a buyer. Obama and his environmentalist supporter are not buying. While is maybe good politics in an election year to still Harper, it is not good economics.
Once the Northern Gateway pipeline is build, there will be no need for the Keystone XL pipeline, and the market for Canada’s oil and gas will be the emerging nations in Asia. That cannot be good for the American economy?
It is time for the American people, the Tea Party and Congress to demand that Obama approve the Keystone XL pipeline.