Obama says will address concerns on Keystone pipeline
DENVER |
DENVER (Reuters) - U.S. President Barack Obama said Wednesday his administration would address concerns about a proposed Canada-to-Texas oil sands pipeline and no decision on it had been made.
Three environmental groups sued the U.S. government on Tuesday, challenging claims in a State Department report that the controversial pipeline posed little risk to endangered species because spills on the line were unlikely.
Protesters have dogged Obama about the issue in Washington and throughout the country.
During an event with young people in Denver, one activist interrupted Obama's remarks, urging the president to reject the project.
"We're looking at it right now, all right?" Obama replied. "No decision's been made and I know your deep concern about it, so we will address it."
Protesters who held up a banner reading: "Stop the Keystone Pipeline Project" were asked to leave.
(Reporting by Jeff Mason, Editing by Sandra Maler)
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Oooo I know, I bet the oil companies determined they could make bigger profit that way as would not have to build new refineries. Well screw them, make them build the refineries in Canada or along the border on USA side, so no risk of sending it across the heartland. Even better yet, lets end our addiction to oil? Especially this dirty tar sands crap, which in fact has more then double the CO2 emissions from ‘normal’ oil due to production costs. Plus it has about a ~20-30% if not more cost premium over other crude oils. Kind of like a drug addict that right before they die they spend more money on less potent drugs, just cause that all they can get at the time.
So stupid, what would be smarter would be taxing ‘dirty’ energy by 50% of profit and dropping ALL that money into advanced energy techs, aka fusion/hydrogen power economy. Cost upwards of $100 billion over next 10 years to start, maybe even up to $500 billion, but when you think about the benefits that is cheap.


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