The Congressional Research Service places partial blame on a slowdown in the federal drilling-application process. From 2006 to 2011, the average time needed to approve applications has risen from 218 days to 307 days. The complexity of paperwork involved in getting the government’s approval of drilling sites inhibits production and contributes to higher prices at the pump.”
Significance of the Seven Reasons Why Obama Will Approve the Keystone Pipeline arguments what should be of especial concern for John Kerry at the State Department:
“If the oil doesn’t head south of the Canadian border, it will head west to China, which craves cheap oil for its military build-up and its metastasizing territorial claims in East Asia, which it is Obama’s stated policy to vigorously oppose.”
The Oil Roustabout Economy is here to stay for the near future. If the country is to reduce reliance on foreign oil from unstable sources, the manifest alternative is to tap our friendly neighbor to the north and the resources domestically in the route of the Keystone Pipeline. “Since the environmentalists base their cosmos on shifting sand, why not go for the real stuff?” Commerce in petroleum is fluid and spongeable, crossing all borders. The artificial political obstruction, which delayed and added gratuitous costs to a utilitarian project, violates our real national security.
- Keystone Pipeline Blockage, MoneyNewsNow.com, March 27, 2013.
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