“Growth or no growth? What’s a president to do?”
Investor’s Business Daily editorializes,
… Canada’s oil will go somewhere. The market demands it. If not to the U.S. Gulf Coast — as currently planned — the oil could easily flow west, where China will pick it up in tankers at a port in British Columbia.
The Canadian government has already instituted rigorous protections to ensure the area surrounding oil extraction points aren’t damaged. And the State Department recently concluded a wide-ranging study of Keystone and determined that there were no potential environmental effects from the pipeline requiring further investigation.
Shambling on Keystone might be smart politics — but there’s no good policy reason to delay approval. And there is a huge cost of delay, which can be captured in just four letters: J-O-B-S…