Obama disputes Keystone pipeline job numbers, says it could increase (gas prices, interview)

[GTOlover]

WASHINGTON, July 27 — U.S. President Barack Obama called into question the number of jobs that would be created from the controversial Keystone XL pipeline in an interview with the New York Times released on Saturday.

“Republicans have said that this would be a big jobs generator,” Obama said, according to the newspaper.

“There is no evidence that that’s true. The most realistic estimates are this might create maybe 2,000 jobs during the construction of the pipeline, which might take a year or two, and then after that we’re talking about somewhere between 50 and 100 jobs in an economy of 150 million working people.”

TransCanada Corp’s proposed pipeline is designed to carry 830,000 barrels of crude oil per day from the Canadian oil sands and the Bakken shale in North Dakota and Montana south to refineries on the U.S. Gulf Coast. It would cost about $5.3 billion to build.

Obama’s administration is under pressure from Republicans and business groups to approve the project because of the economic benefits they say it will bring.

Environmentalists oppose the project because of the carbon pollution they say it would generate. Carbon emissions are blamed for contributing to global warming.

The project was first proposed in 2008 but is still making its way through a State Department study process.

The Times said Obama disputed an argument that the pipeline would bring down gasoline prices. He said it might actually increase prices somewhat in the U.S. Midwest, which would be able to ship more of its oil elsewhere in the world, the paper reported.

Obama said in June the project would serve U.S. interests only if it did not “significantly exacerbate” carbon pollution.

The Times quoted him as saying that Canada could potentially be doing more to “mitigate carbon release.”

The administration’s final decision is expected later this year or early in 2014
Source: Obama disputes Keystone pipeline job numbers, says it could increase gas prices in U.S. | National Post

I am not surprised in that as all nations look to themselves first and what serves them the best . That is a reality in any trade negations .

But that does not remove such terms as trading in good faith especially when dealing with your largest trading partner and closest ally .

To be quite honest Canada has dealt with Obama in good faith we have met all their ever changing conditions ( two impact studies ) and now it is time for us to consider other options .

Obama will delay and dither for a long time yet and yes even our time is worth money .

My recommendation to our govt will be to start moving on more assured projects that better serves Canada's interests and future goals .

If he wants to approve this project great but its time we move on and quit standing around with our hat in our hand were Canadians and cannot wait around and should be building other projects and having to from 2008-2014 before we even get the go ahead to break ground to build one pipeline that takes a year or two to actually build is messed up time to either say yes or no since .

Plus 2000 jobs is 2000 jobs and what does Canada could potentially be doing more to “mitigate carbon release.” we should build some massive Candu Bruce size plants with 8-Reactor cores using the ACR-1000 advanced reactors that burn spent Fuel waste and innovate and bring out commercial Molten salt Reactors and build 7-8 Bruce size plants.

Bruce Nuclear Generating Station is a Canadian nuclear power station located on the eastern shore of Lake Huron, in the communities of Inverhuron and Tiverton, Ontario. It occupies 932 ha (2300 acres) of land.[SIZE=2][1][/SIZE] The facility derives its name from Bruce County in which it is located, in the former Bruce Township. It is the largest nuclear generating station in the world by net electrical power rating, total reactor count, and number of operational reactors.

I mean that would be great for Quebec and Ontario and Alberta while Reducing all the cooling pools that are at risk to earthquake's and tsunamis spent fuel rods by burning them up in a MOX mix and get 50-70 years of electricity out of it and help reduce nuclear waste stockpiles and use the plants to also capture and hold hydrogen and use in city transit busses for mass transit and cars like the Honda Clarity that are zero emission.