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Obama hits Keystone again but declines to threaten veto

2014-12-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Politico: President Barack Obama poured cold water once again on the alleged economic benefits of the Keystone XL oil pipeline on Friday -- a theme he has sounded frequently in the past few months, increasing speculation that he will eventually kill the project. Obama said at his year-end news conference that the Alberta-to-Texas project would have "very little' effect on gasoline prices and do little to improve the economy. He acknowledged that building the pipeline would create a "couple thousand' temporary...

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Keystone 'not even nominal benefit' US consumers, Obama says

2014-12-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: President Obama on Friday said building the Keystone oil pipeline would not even have a nominal benefit to consumers, pushing back at claims it would lower gas prices further. Obama stressed that the issue at hand for Keystone is not American oil, it is Canadian oil. That oil currently is being shipped out through rail or trucks and it would save Canadian oil companies, and the Canadian oil industry enormous amounts of money if they could simply pipe it all the way down to the Gulf, Obama...

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Obama sounds like hes about to reject Keystone pipeline

2014-12-19 23:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Speaking at his end-of-the-year press conference on Friday afternoon, President Obama sounded very much like hes poised to reject the Keystone XL pipeline. He gave his sharpest assessment to date of its potential costs and benefits - lots of costs and few benefits. Climate hawks rejoiced, not only because of Obamas implied opposition to Keystone, but because he finally confronted American ignorance of how the oil market works, and attempted to reorient our energy policy around reality. At...

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Obama: Keystone benefits for U.S. consumers, workers nominal

2014-12-19 21:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: U.S. President Barack Obama said on Friday that construction of the Keystone XL pipeline to transport crude oil from Canada to the U.S. Gulf Coast would only nominally benefit American consumers and workers in perhaps his strongest comments on the Canada-to-U.S. pipeline to date. "There is very little impact - nominal impact - on U.S. gas prices, what the average American consumer cares about," Obama told reporters during an end-of-year press conference. Obama picked apart some of the most...

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The very first thing the new Republican Senate will do is try to push through Keystone

2014-12-17 08:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Once Mitch McConnell (R-Ky.) becomes Senate majority leader next month, his first order of business will be to hold a vote on authorizing the Keystone XL pipeline, he said on Tuesday. If it passes, that would force President Obama to either approve or veto the bill, and thus the pipeline, before he is ready to. From CNN: The President has said he wants the decision left in the hands of the State Department, which is six years into a review of the project and currently holds final authority because...

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