BLOOMBERG – TransCanada Corp. (TRP) may shorten the initial path for its rejected Keystone XL project, bringing oil from Montana’s Bakken Shale to refiners in the Gulf of Mexico and removing the need for federal approval.
“There certainly is a potential opportunity to connect the Bakken to the Gulf Coast,” Alex Pourbaix, TransCanada’s president of energy and oil pipelines, said in a telephone interview today. “That is obviously something we’ll be looking into over the next few weeks.”
TransCanada’s $7 billion Keystone XL proposal to bring crude from Canada’s oil sands to the Gulf was rejected yesterday by the Obama administration. The project required U.S. approval because it crossed the border with Canada. The company may seek that approval after it builds the segment from Montana to the Gulf, Pourbaix said.
The Bakken shale-rock formation is estimated to hold as much as 4.3 billion barrels of technically recoverable oil in North Dakota and Montana, according to a 2008 U.S. Geological Survey report. Oil production in North Dakota surged 42 percent to 510,000 barrels a day in November, exceeding the output of Ecuador.
Production in the Bakken field may reach 750,000 barrels a day this year, Edward Morse, managing director of commodities research for Citigroup Inc., said at a conference in Calgary today.
(great plan! screw the obama feds)
Republicans are rushing to issue statements condemning Pres. Obama’s decision to reject a permit to build the Keystone XL pipeline.
Here are some highlights of what they’re saying (I’ll add more as they come in, so stay tuned):
‘Cost America 100,000 jobs And 700,000 Barrels Of Oil Per Day’ – Congressman Trent Franks (AZ-02)
“Our energy dependence on unpredictable countries is a critical national security threat to this nation. Moreover, if the United States did not find it necessary to buy very significant amounts of oil from Middle Eastern countries, terrorists would not have enough money in their coffers to buy a box of sparklers with which to try to harm America. [snip]
‘Stunning,’ ‘Shows A Fundamental Disconnect’ – Senate Republican Leader Mitch McConnell (R-KY):
“Since when is the creation of thousands of jobs not in the national interest as the President now claims? [snip]
‘Selfish and Reckless Decision’- Rep. Paul Broun, M.D. (GA-10):
“I am astonished by the Administration’s selfish and reckless decision to block the Keystone pipeline construction, which will prevent tens of thousands of new American jobs from being created.” [snip]
‘President’s Decision Was Reckless – With Little Regard to the Threat America Faces’ – Sen. James Inhofe (R-Okla.):
“Today President Obama sided with his radical environmental friends and their job-killing global warming agenda instead of a majority of the American people who would have welcomed the tens of thousands of jobs the Keystone pipeline would have created.” [snip]
‘Should Have Been A No Brainer’ – Sen. Mike Enzi, R-Wy:
“I don’t know how the president determined that creating jobs and moving toward energy independence are not in our national interest. [snip]
Decision ‘As Shocking As It Is Revealing’ – GOP Presidential Hopeful Mitt Romney:
“President Obama’s decision to reject the Keystone XL crude oil pipeline is as shocking as it is revealing. It shows a President who once again has put politics ahead of sound policy.” [snip]
‘President Has Turned A Deaf Ear’ To Americans’ Needs – Rep. Lee Terry (R-NE), author of legislation to expedite approval of the pipeline:
We simply don’t have a decision-maker in the White House these days. Americans want jobs, and Americans want fuel. [snip]
Obama ‘Choosing Politics’ Over Jobs – Rep. Fred Upton (R-MI):
“This pipeline has been carefully vetted, environmentally scrutinized, and publicly discussed for more than three years. We can’t wait any longer – and the American people should not have to keep waiting for jobs and energy security.” [snip]
Read the article here.
(Reuters) — President Barack Obama’s decision yesterday to reject a permit for TransCanada Corp.’s Keystone XL oil pipeline may prompt Canada to turn to China for oil exports.
Prime Minister Stephen Harper, in a telephone call yesterday, told Obama “Canada will continue to work to diversify its energy exports,” according to details provided by Harper’s office. Canadian Natural Resource Minister Joe Oliver said relying less on the U.S. would help strengthen the country’s “financial security.”
The “decision by the Obama administration underlines the importance of diversifying and expanding our markets, including the growing Asian market,” Oliver told reporters in Ottawa.
Currently, 99 percent of Canada’s crude exports go to the U.S., a figure that Harper wants to reduce in his bid to make Canada a “superpower” in global energy markets.
Canada accounts for more than 90 percent of all proven reserves outside the Organization of Petroleum Exporting Countries, according to data compiled in the BP Statistical Review of World Energy. Most of Canada’s crude is produced from oil-sands deposits in the landlocked province of Alberta, where output is expected to double over the next eight years, according to the Canadian Association of Petroleum Producers.
Americans still put a lot more faith in the private sector than in government when it comes to making the economy work.
Seventy percent (70%) of American Adults think a free market economy is better than one managed by the government. A new Rasmussen Reports national telephone survey finds that only 15% believe a government-managed economy is better. Fourteen percent (14%) are undecided.
(that news should piss obama and his liberal pals to no end!)
More bad news from Solyndra, Obama’s poster child green company, the one that owes us (government) millions of dollars. Caught trashing our money!
newter: verb; The act of figuratively destroying, decimating or completely blowing out of the water; esp. pertaining to journalists exhibiting blatant left-wing bias via the implementation of “gotcha questions”; named for the tactical oratorical skills of Newt Gingrich.
As a service to our readers, the Spew Crew will keep a running tally of journalists who have been effectively “newtered” by Newt Gingrich. If we miss any, please put them in the comments and we will add them!
(go check this out!)
Disapproving noises are often made in certain circles about church brides whose strapless dresses reveal too much.
But modern day Mary Whitehouses concerned about the occasional flash of cleavage will likely have a coronary when they see the latest bridal get-ups on offer.
The revealing wedding outfit – one can hardly call it a dress – was shown by fashion brand Kaviar Gauche at Berlin fashion week yesterday.
And judging by its risqué nature, this is one wedding outfit bound for a beach ceremony – or more likely, confined to the privacy of the wedding night.
(hey, I would attend a wedding where the bride wore this! another way to look at this? It is a see-through BURKA! now the muslims should like this!)
Mickey Mouse is a “world leader”?
Norway, Denmark, Sweden, Scotland, 10 countries in all are coming together with a singular goal in mind: To save their countries from the plague called Islamization. (So when do we get an American Defense League?)
UK TELEGRAPH More than 10 anti-Islamic groups from across Europe, led by the English Defence League, are expected to send representatives to a big rally in Denmark on March 31st.
“There will be speeches from every defence league in Europe,” said Isak Nygren, the spokesman for the Swedish Defence League. “I hope we can show that there’s resistance against Islamisation of Europe, that we can inspire each other.”
The EDL has held one European rally before, sending members to Amsterdam in 2010 in support of Dutch anti-Islamic politician Geert Wilders, who was in court accused of insulting religious and ethnic groups.
Read the article here.
by Eric Scheiner, CNS News
South Carolina has a voter ID dispute that arrived just in time for it’s primary.
At the end of December the state received notification that the Justice Department was rejecting South Carolina’s law requiring voters to show photo ID before casting their ballots.
The department claims the law makes it harder for minorities to vote.
Read the article here.
WASHINGTON — “We’re just in here smoking a joint on Congress’ lawn,” explained a hemp-clad protester as he indeed took a drag on his marijuana-filled joint.
In an impassioned and wandering interview with The Daily Caller, two “Occupy Congress’” participants smoked together in solidarity, calling for their high-minded goals of marijuana legalization and fighting for the “American dream.”
(yep, just like the tea party! of course, you aint seeing any liberal decrying this and wanting these people arrested)
Lib Actor Robert Redford Praises Obama For Killing Keystone (wonder just how much oil this idiot asshole uses?)