04 Jan '12, 10pm

Big Oil Threatens Obama with 'Huge Political Consequences' if He Doesn't Approve the Keystone XL

Big Oil Threatens Obama with 'Huge Political Consequences' if He Doesn't Approve the Keystone XL

DUCKofD3EATH via Flickr /CC BY 2.0 The knives are out. The oil industry was surely irked when Obama promised to delay the Keystone XL tar sands pipeline until 2013, by which time a proper environmental review could be carried out. But now that Congress has passed a resolution forcing him to make a decision in the next 48 days or so , Big Oil is really turning up the heat. They've threatened the president with "huge political consequences" if he doesn't cave to the oil industry and back the project. Here's the Hill : A top oil industry official delivered a clear warning to President Obama Wednesday: approve the Keystone XL pipeline or face “huge political consequences.”American Petroleum Institute President Jack Gerard urged Obama to quickly approve the pipeline, which would carry oil sands crude from Alberta, Canada, to refineries along the Gulf Coast ... “I think it would...

Full article: http://www.treehugger.com/fossil-fuels/us-oil-industry-th...

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