Wednesday, November 4, 2015

Keystone pipeline -- revised reasoning

Two days ago I was naive in attributing TransCanada's motives for wanting to pause the decision about the pipeline.   I took at face value the facts of declining oil prices and pressure from environmentalists, as well as the "official" explanation of wanting to wait until they had completed the route planning through Nebraska.

Others have declared it to be simply a political ploy.   TransCanada's request included the estimation that the Nebraska plans might take up to 18 months.   They're assuming that President Obama is going to kill the pipeline, and the delay might put a Keystone-friendly Republican in office by then.

Ralph

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