As predicted, President Barack Obama on Friday, November 6, 2015, rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who campaigned against the project for more than seven years. His reasons include protection of the environment, no “lasting” economic benefits for the U.S., and the current low price of petroleum.
In today’s edition of The Heartland Institute Daily Podcast, Research Fellow Isaac Orr speaks with Jessica Sena. Sena is the communications director at the Montana Petroleum Association. In this podcast, Sena gives listeners an inside look at what is happening in the Bakken region of North Dakota and Montana.
As hydraulic fracturing and Canadian oil sands development sent North American petroleum production soaring, new pipelines were approved and constructed, including the Keystone system’s first three phases. They augmented 2.5 million miles of liquid petroleum, gas transmission and gas distribution pipelines that already crisscross the U.S.
Talk about the Norfolk terrier tail wagging the Great Dane. If they are to have any hope of winning their party’s nomination, Republican presidential hopefuls better support ethanol mandates, Hawkeye State politicos told potential candidates at the recent Iowa Agricultural Summit in Des Moines.
OPEC’s Secretary General Abdulla al-Badri made headlines when he announced that the oil price may have bottomed out—indeed, we had four straight days of increase—and predicted “you will see more than $200 when it comes to future oil prices.”
Earlier this month, Representatives Jared Polis (D Colorado), Ben Ray Luján (D New Mexico), and Ann Kuster (D New Hampshire) introduced the National Renewable Electricity Act of 2013 (RES Act) into the US House of Representatives. If the law is passed, it will raise electricity prices for Americans for questionable environmental gains.
Our schools need to end the “green” indoctrination and ensure that students are presented with and taught to ponder and debate all sides of important and complex questions. Parents need to make sure they do so.