Thursday, January 26, 2012

Keystone Kops energy policy

In his State of the Union speech, President Obama had barely cleared his throat when he outlined his vision for an American “future where we’re in control of our own energy, and our security and prosperity aren’t so tied to unstable parts of the world.” Just days before, he had delivered a crippling blow to his own plan. Mr. Obama’s decision to kill the Keystone XL pipeline, which would carry oil from Alberta, Canada, to refineries on the U.S. Gulf Coast, is one more example of his administration’s ongoing war on fossil fuels - and the most recent example of how the president promises the exact opposite of what he is delivering. What better way to sever our dependence on those “unstable parts of the world” than to switch a major portion of our oil imports from dictatorships to a stable democratic neighbor, starting now? Instead, the administration continues to squander taxpayer funds on “green energy” debacles such as Solyndra and the entire renewables/electric-car agenda - which, even in Mr. Obama’s plan, will only yield significant benefits in the far future...more

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