Texas oil fields
The building of a 1,700-mile pipeline through the heartland of the United States has been at the center of the debate on the economy for many months now. Much has been written by those who both support and oppose its construction. And much has also been written about just how important the pipeline would be to the U.S. economy if it were actually to be built.
With the deadline for the Obama administration’s decision on construction coming up fast (2/21), many have already made up their minds. But have they done so on the basis of accurate figures?
It might be pretty difficult to do so, given that various estimates put the number of jobs created though the construction of the pipeline at anywhere between 20 and 350,000. So where have all these different estimates come from, and which one (if any) is actually accurate?
The first difficulty that arises from trying to find an accurate estimate is that most of the numbers from the upper echelons of the estimates come from the company who are hoping to build the pipeline: TransCanada.
President Obama said he’d make a decision on the Keystone pipeline after the election.
The decision to not decide until later was a victory for environmental activists, as the pipeline would be a serious threat to the ecosystems it passes through should it spring a leak (TransCanada has already had 12 oil spills in 2011 alone. That’s 12 too many, by the way.)
It didn’t take long — after news broke this afternoon that President Obama had indefinitely kyboshed the climate-killer Keystone XL pipeline — for my phone to ring.
“Hi Rose, I’m calling from White House on behalf of President Obama," the voice on the other end of the line said. "We wanted to makes sure you’d seen the president’s executive order postponing the permitting of the pipeline until another environmental impact report can be done, especially focusing on sensitive environmental issues in Nebraska.
"And we want to thank you for your good work on this issue. We’re just reaching out to let you know that the President hears you and we hope you’ll continue to help us focus on the really critical issues that are facing us right now.”
This afternoon President Obama made an official announcement on the Keystone XL Pipeline that so many of you have been working on these last several months.