Negotiations have occurred. Obama met with the Canadian Prime minister about 2 months ago and they talked specifically about the pipeline. Because the pipeline will cross the border it is subject to approval by the State Dept. Hillary initially went on the record in support of TRP. However, she has been extremely quite for the past 10 months or so. Reportedly they will reach a decision before the end of the year.
The Canadians have made no secret that the Chinese have made several overtures to secure a share of the oil sands. Enbridge is extending a pipeline to the Pacific Coast to expedite shipping.
Keystone also has offered producers in the Wiliston Basin the right to ship oil from the Baaken using the pipeline. This was crucial to winning Montana's backing of the pipeline.
It seems crazy, we are looking for ways to jump start our economy yet cannot agree that a project that secures our energy future and results in several billion in construction spending should go forward. Obama is trying gimmicks and tricks such as tapping the strategic oil reserve to try to get the economy to respond yet his administration seems unaware that there is a glut of oil in Cushing and there are considerable uncertainties about future supplies which could be appreciably resolved by their simply approving this project. Perhaps with today's awful employment report, they will look at other ways to stimulate the economy.
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