The Rising Influence of Rising Affluence

[flatlander_60048]

Well the Obama administration has once again nixed the Keystone pipeline. In doing so he has acted contrary to Hillary and the State Department views, numerous labor and construction unions, several generals who signed a petition that it was in the Country's best interest to lock up a long term stable source of petroleum. The refineries and the majority of the States crossed by the pipeline all advocated on its behalf. Even Nebraska indicated that they were in favor, assuming it would be routed around the Sand Hills area. The environmental impact studies were signed off on. But this is all for naught.

As Pickens has pointed out a couple times this Country is one old 300 lb Saudi prince away from an energy catastrophe. If war breaks out between Iran and Israel, the straits of Hormuz could be shut down sending oil to $150 a barrel overnight. These scenarios show why the generals felt it was important enough to sign the petition in favor of Keystone. This will come back to bite Obama. I just hope it doesn't cripple the Country when it does.


FL