Reuters reports:
TransCanada Corp no longer expects a decision on the U.S. presidential permit required for the Keystone XL pipeline by the end of the year, the company said in a Wednesday filing with the U.S. Securities and Exchange Commision.
The pipeline could carry up to 830,000 barrels per day of Canadian and U.S. oil to refineries along the U.S. Gulf Coast. It has hit several regulatory snags since it was first proposed in 2008.
Warren Buffet’s Berkshire Hathaway owns BNSF Railroad Co, and carries most of the oil to the Gulf Coast in place of Keystone XL pipeline. Which is more safe?
Don’t confuse them with facts!
And Warren is big pals with whom? BHO.
Dear Leader said no in January, 2012.
Barrack has spoken!
What part of NO do people not understand?
Calvin Coolidge was noteworthy for using what was called the “pocket veto” I simply vetoed a bill that he didn’t like by never bringing it up. While Coolidge and Obama have nothing in common, they do share a common application of this technique to avoid making a decision. The pipeline will be completed after the Democrats are removed from office beginning in 2014. This of course assumes that the Canadians are willing to postpone the sale of their crude oil which in view of the growth in shale oil production in the US seems to be a foolish proposition. At this point it would be in their national interest to pipe their crude to their West Coast and sell it on the world market.