Wednesday, January 18, 2012

#37- AubreyJ’s Energy Update Report - Wednesday, January 18, 2012

AubreyJ’s Energy Update Report
President Barack Obama's Administration To Reject Keystone Pipeline Project
Wednesday, January 18th, 2012
-- Wells of Past -1967 --
Grandfather’s Farm, Red Shute Plantation
Photo credit: AubreyJ
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* FoxNews.com gets us started off with the following, highly disappointing report and it starts off like this… The State Department will announce the decision on Keystone XL pipeline is no,” as early as Wednesday, an industry source told Fox News, suggesting that the department will say 60 days is inadequate time to do the required environmental impact assessment on the path of the coveted pipeline… While the State Department for three years has been reviewing the initial proposal to run a pipeline from Canada down to Texas through a sensitive Nebraska aquifer, it retreated early from indications it would approve the plan after environmentalists complained… Industry workers and Republicans contend the project would create thousands of jobs, and Canada's prime minister has warned if the U.S. can't get on board, the North American nation will look to team with China…
Read the full report at link below…
This video posted on the web by FoxNews.com
*   CBSNews.com has this take on the upcoming news out of the State Department on decision over the Keystone Pipeline… The Obama administration is expected to reject TransCanada's controversial $7 billion Keystone XL pipeline later Wednesday, a source familiar with the decision told CBS News Monday, adding that a formal announcement is expected from the State Department… Multiple media outlets have reported that the decision is imminent, citing unnamed sources, but the White House and the State Department have not confirmed the announcement…
Read the rest at link below…
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* Canada.com has the following report posted up on their website and it starts off like this… Supporters and opponents of the $7 billion Keystone XL pipeline are awaiting a possible decision Wednesday afternoon on the oilsands project, with U.S. media citing sources saying the Obama administration will deny a permit for its construction… But it's still unclear whether a rejection of Keystone XL will mean a final end to the project… A ruling on the Calgary-based TransCanada Corp.'s application for a presidential permit was expected as early as 3 p.m. ET…
Read the full report at link below…
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Just how LOW can this President go!!!?
AubreyJ.........
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