It should come as no surprise to anyone, President Obama has decided in all of his wisdom to kill the Keystone XL pipeline that was touted to bring thousands of jobs and injecting billions of dollars into the economy. Apart from a change in administration in the next election and a Republican President and Congress, this project is fundamentally dead.
Reactions from the House of Representatives and Louisiana legislators came swiftly. Congressman Charles Boustany issued the following by email shortly after the decision was announced this morning:
“The President’s rejection of the Keystone XL pipeline goes against years of studies showing little environmental impact but significant economic impact. I’m disappointed the President is putting a radical environmental agenda over our country’s jobs agenda when we need more jobs & energy integration with our allies. This is a tragic missed opportunity for our country.”
House Majority Whip Steve Scalise released the following statement in reaction to the decision:
“With his rejection of the Keystone XL pipeline, President Obama is continuing his war on American energy, choosing the demands of a small group of radical environmental extremists over the strong majority of the American people and the more than 40,000 jobs this bipartisan project would have created,” Rep. Scalise said. “The American people deserve better than this from their President. We will not give up and the House will continue to fight for the priorities of hard-working taxpayers who know the Keystone XL pipeline is right for America's economy and for our energy security.”
Anything that this President can do to hurt the oil and gas industry, he's determined to do just that. This is just more evidence.