I hate to say it but that Keystone pipeline decision was horrible
Surely, though, what the Keystone decision really represents is the way our poisoned politics damages the country. Environmental concerns notwithstanding, America will be using oil — and lots of it — for the foreseeable future. It is the fundamental means by which we transport ourselves, whether by air, car or truck. Where do we get that oil? Mostly from countries that don’t like us, like Venezuela, which has the world’s second-largest oil reserves.
And here is Canada, a staunch American ally that has historically sold us virtually all of its crude exports. Over the past two decades, energy companies have invested tens of billions of dollars in the tar sands, so much so that Canada now ranks No. 3 in estimated oil reserves. Along with the natural gas that can now be extracted thanks to hydraulic fracturing — which, of course, all right-thinking environmentalists also oppose — the oil from the Canadian tar sands ought to be viewed as a great gift that has been handed to North America. These two relatively new sources of fossil fuels offer America its first real chance in decades to become, if not energy self-sufficient, at least energy secure, no longer beholden to OPEC. Yet these gifts have been transformed, like everything else, into political footballs.
In Canada, the Keystone XL controversy has created a surprising new resolve. “Keystone was a transformative turning point in terms of how Harper sees the bilateral relationship,” says Fen Hampson, a professor of international affairs at Carleton University in Ottawa. Instead of blithely assuming the United States would purchase its oil, Canada is now determined to find diverse buyers so it won’t be held hostage by American politics. Hence, the newfound willingness to do business with China. Canada has concluded that it simply can’t expect much from the United States, even on an issue that would seem to be vital to our own interests.









Blowback
Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.
Trackbacks/Pings
Trackback URL
Comments
Burning bridges right and left…
cynccook on February 7, 2012 at 10:25 PM
No President ever screwed the pooch like our current officeholder. Chicken are indignant.
NaCly dog on February 7, 2012 at 10:26 PM
I don’t suppose we could have three flip flops in one week….
Wethal on February 7, 2012 at 10:27 PM
AshleyTKing on February 7, 2012 at 10:38 PM
The Chicoms are not the buyer the Canadians can rely on.
The 0bama regime is purposfully trying to wreck out economy, but it will end. Once we wake from this national nightmare, Canada will regret not waiting a bit.
Rebar on February 7, 2012 at 10:40 PM
Wait just 11 more months, Canada, we’re working on it!
thebrokenrattle on February 7, 2012 at 10:46 PM
Ah yes, I knew that somehow this must all be the Republicans’ fault. Thank you, New York Times, for lifting the scales from my eyes.
Fabozz on February 7, 2012 at 10:50 PM
All this and more yet Obama has the gall to say he deserves a 2nd term. Like lemmings the liberal, guilt ridden white independents will fling themselves into the abyss come November because the healing isn’t complete…..All Hail!
dmann on February 7, 2012 at 10:51 PM
How does Bush continue to do it!?!?
profitsbeard on February 7, 2012 at 10:58 PM
Anyone is welcome to buy the oil. Money is money. Where is the regret?
Operative phrase.
BL@KBIRD on February 7, 2012 at 11:05 PM
All of Zero’s decisions have been horrible not just Keystone and the Gulf Drilling Ban, and this NY Times guy is calling everyone Shirley.
Venezuela doesn’t exactly dislike us just their dictator friend of Zero, Fidel and Peanut Carter.
viking01 on February 7, 2012 at 11:13 PM
Even if Obama is reelected, the decision to approve the pipeline will be made faster than an extension on a Tom Friedman McMansion. He just needs to hold together his Eco-jihadist coalition for another 9 months – suckers.
The Count on February 7, 2012 at 11:16 PM
Sorry, no. Given the chances of a Bammie win, plus the chances that a Republican president will go squishy, plus the chances a democrat Senate will block it, plus the chances the progs will go to court with a friendly judge and block it, …the Canadians are right to diversify their customer base.
America can no longer do the big projects that we used to.
slickwillie2001 on February 7, 2012 at 11:26 PM
Worst President Ever
WisCon on February 8, 2012 at 12:55 AM
THIS is why we have grown to respect The Toilet Paper of Record, so.
RRFCL on February 8, 2012 at 2:58 AM
Who’d of thought that the biggest problem with owningrhw worlds most valuable resource is finding reliable customers?
But Canada should have enough for both the US and China – it would be nice to have some chinese money flowing back into North America (as long as it’s not in the form of loans).
Canada is now beginning to start to consider to plan to have meetings about building an oil pipeline to West coast. But, as usual, the environmentalists and some B-grade celebrities are trying to stop it. Many organizations are against it, many of them funded by foreign interests (in Canada, foreign means the US).
Johnny 100 Pesos on February 8, 2012 at 4:59 AM
You think perhaps because it is an ugent jobs & energy project?
But those damn Republicans just refuse to help Commander Zero get re-elected by showing a little patience!
After all, it’s only one more year of dependance on hate-sourced crude.
Siddhartha Vicious on February 8, 2012 at 5:43 AM