America’s Energy Boom Depends on Policy Choices

Mary Schaper
Posted October 21, 2014

Forbes (Robert Bradley Jr.): The environmentalist campaign to block the Keystone XL pipeline has run out of gas.

Canada’s largest energy firm, TransCanada, has announced plans to create an alternative to KXL that lies entirely within Canada’s borders – a pipeline that would transport crude from Alberta’s oil sands to our northern neighbor’s east coast.

Known as Energy East, the new project presents clear proof that, even without a U.S. pipeline, the Canadian oil sands will continue to be developed. By blocking KXL, the fourth and final leg of a 2,151-mile transnational project, green activists are simply denying Americans the project’s wide-ranging benefits. The U.S. State Department counts42,000 new jobs, plus the opening of a new way to get oil from Montana and North Dakota to Gulf Coast refineries.

If the Obama Administration doesn’t approve the 800,000 barrels/day, Alberta–U.S. Gulf Coast pipeline soon, an historic opportunity to improve the American economy and strengthen our country’s energy infrastructure will be squandered.

Read more: http://onforb.es/1CRavGx

• Commentary: It’s Time to Export American Energy: http://bit.ly/1pxEzRk

• Blog: Lifting Oil Export Ban Will Mean Lower Gas Prices, GAO Says: http://uscham.com/1opWeQe

• Consumer Energy Expenditures are Roughly Five Percent of Disposable Income, Below Long-Term Average: http://1.usa.gov/1r9GThU

• Editorial: When Policy Changes are Suggested, Consider the Source: http://bit.ly/1wioUul

• North Dakota Has Almost Three Job Openings for Every Unemployed Person: http://bit.ly/10jaEqw