Gasoline prices are now approaching $4 per gallon, and, in some states they already exceed that amount. We know about the drilling moratorium that still seems to be in place in the Gulf of Mexico, in spite of the fact that it is almost one year after the Deep Water Horizon oil spill. We know that Federal Judge Feldman told the federal government to start issuing permits for drilling in the Gulf of Mexico, but, the Obama administration is still “working” on the issue.
But, here is what you may not know.
There is a proposal to build what is known as the Keystone XL Pipeline. It would allow Canada to supply an additional 1.1 million barrels of oil per day to the United States. Most of this oil would be transported to Texas, but, there would be connections to other refineries in the United States.
In 2008, the matter was referred to our State Department.
Despite a thorough environmental review by the State Department last year and an Energy Department study in February of this year–which found that the project should move forward–the Obama administration this month announced another round of environmental studies. [emphasis supplied]
Sometimes I wonder if anyone in this administration is paying attention to reality, as opposed to ideology.