31 Jan '14, 6pm

What did Big Oil know and when did they know it? via @priceofoil

What did Big Oil know and when did they know it? via @priceofoil

According to multiple sources the State Department will issue its long awaited Final Environmental Impact Statement on the Keystone XL tar sands pipeline later today. The early spin today is that “environmentalists will be disappointed”. But consider the source. Last week, Jack Gerard, the head of the American Petroleum Institute, told Reuters that ”It’s our expectation it will be released next week” Apparently Gerard cited sources within the administration. “We’re expecting to hear the same conclusion that we’ve heard four times before: no significant impact on the environment,” Gerard said. Two facts are important here: 1) Jack Gerard is saying the pipeline won’t impact the environment. This is about as surprising as the sun setting in the west. 2) Jack Gerard was apparently briefed by “sources within the Administration” on the timing and content of the report. Before th...

Full article: http://priceofoil.org/2014/01/31/big-oil-know-know/

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