Good quotes from @andrew_leach on #oilsands and #Keystone #pipeline realities, fears and hopes,

sands pipeline seems likely to endure

peakoil.com 26 Dec '11, 3pm

Good quotes from @andrew_leach on #oilsands and #Keystone #pipeline realities, fears and hopes,

Oil sands pipeline seems likely to endure The Obama administration confirmed last week that if forced by Congress to quickly decide the fate of the proposed Keystone XL oil pipeline from western Canada to the Gulf Coast, it would probably kill the project. But does that mean the $7 billion pipeline project is dead forever? Will it curb the inexorable global demand for the exploitation of Canada’s huge oil sands deposits? Will it affect the concentration of atmospheric carbon dioxide in beneficial ways and slow the pace of climate change? The answer to all three questions, barring unexpected changes in the politics and economics of oil, appears to be no. The tax and unemployment insurance extension approved by Congress last week included a Republican provision that requires President Barack Obama to make a decision on the 1,700-mile pipeline within 60 days. The State Depart...

Full article: http://peakoil.com/production/oil-sands-pipeline-seems-li...

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@JillEBond » 26 Dec '11, 3pm
RT @mstanik0: Good quotes from @andrew_leach on #oilsands and #Keystone #pipeline realities, fears and hopes, [link]
@mstanik0 » 26 Dec '11, 3pm
Good quotes from @andrew_leach on #oilsands and #Keystone #pipeline realities, fears and hopes, [link]
@peaktweat » 26 Dec '11, 3pm
#peakoil Oil sands pipeline seems likely to endure: The Obama administration confirmed last week that if forced ... [link]
@sindad1 » 26 Dec '11, 3pm
RT @mstanik0: Good quotes from @andrew_leach on #oilsands and #Keystone #pipeline realities, fears and hopes, [link]