Obama's Foot Dragging Hurts America Again

Barack  Obama is dragging his feet on approving a pipeline to deliver abundant Canadian oil to America at the same time the Chinese are investing in a pipeline that could send that oil to China.  What else can you expect from Obama?  He voted present over 130 times instead of yes or no.  He took months to make a decision on Afghanistan.

The House Energy and Commerce Committee last week passed a bill requiring President Barack Obama to speed up a decision on approving the pipeline.  The bill was introduced by Representative Lee Terry (R-NE), who maintains that the Obama administration has been too slow in making a final decision.

The Canadian province of Alberta has the world’s third-largest oil reserves after Saudi Arabia and Venezuela, and more than Russia or Iran. Daily production from oil sands is expected to rise from 1.5 million barrels today to 3.7 million in 2025.

If the United States doesn’t approve its pipeline promptly due to environmental concerns, “Canada might increasingly look to China, thinking America doesn’t want a big stake in what environmentalists call ‘dirty oil,’ which they say increases greenhouse gas emissions.”

Sinopec, a Chinese-controlled company, has invested $5.5 billion in the planned pipeline to the Pacific coast.  Sinopec has also paid $4.6 billion for a stake in Syncrude, Canada’s largest oil-sands project, and PetroChina, Asia’s largest oil and gas company, bought a $1.7 billion stake in Athabasca Oil Sands Corp.

Obama always drags his feet.  He can't make rational decisions.  He is a community organizer i.e. agitator, not a leader.

Obama isn't worried about America getting oil or the jobs this would create.  Gas for cars is not on Obama's agenda.  His green policy is all that concerns him with his socialist agenda.

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