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President Obama!
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<blockquote data-quote="klein" data-source="post: 900020" data-attributes="member: 23950"><p><strong>Re: Obamanomics</strong></p><p></p><p><strong>Canada defiant after U.S. oil pipeline rebuff</strong></p><p><strong></strong></p><p><strong><strong><span style="font-size: 10px">The U.S. move to put off a decision on TransCanada Corp's proposed $7 billion Keystone XL pipeline for 18 months is a significant blow for Ottawa, which has strongly backed the project.</span></strong></strong></p><p></p><p>Prime Minister Stephen Harper had referred to a U.S. approval as a "no-brainer."</p><p>He also touted the thousands of jobs that building the pipeline would create in Canada and the United States.</p><p></p><p>Washington's decision to delay approval, which could end up killing the project, followed a campaign by protesters who complain oil sands crude is particularly energy intensive to extract, creating huge carbon emissions. They also point to a possible environmental disaster if the pipeline broke.</p><p></p><p>NORTHERN GATEWAY NOW IN FOCUS</p><p></p><p>Focus now turns to Enbridge Inc's C$5.5 billion ($5.4 billion) Northern Gateway pipeline across the Rocky Mountains to Canada's Pacific Coast, where more than half a million barrels of crude a day could be loaded onto tankers and shipped to Asia.</p><p></p></blockquote><p></p>
[QUOTE="klein, post: 900020, member: 23950"] [B]Re: Obamanomics[/B] [B]Canada defiant after U.S. oil pipeline rebuff [B][SIZE=2]The U.S. move to put off a decision on TransCanada Corp's proposed $7 billion Keystone XL pipeline for 18 months is a significant blow for Ottawa, which has strongly backed the project.[/SIZE][/B][/B] Prime Minister Stephen Harper had referred to a U.S. approval as a "no-brainer." He also touted the thousands of jobs that building the pipeline would create in Canada and the United States. Washington's decision to delay approval, which could end up killing the project, followed a campaign by protesters who complain oil sands crude is particularly energy intensive to extract, creating huge carbon emissions. They also point to a possible environmental disaster if the pipeline broke. NORTHERN GATEWAY NOW IN FOCUS Focus now turns to Enbridge Inc's C$5.5 billion ($5.4 billion) Northern Gateway pipeline across the Rocky Mountains to Canada's Pacific Coast, where more than half a million barrels of crude a day could be loaded onto tankers and shipped to Asia. [SIZE=2][/SIZE] [/QUOTE]
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