Question of the Week: Should the Administration approve construction plans of the XL pipeline running from Canada to Texas to create jobs and provide U.S. energy security?Posted by Randy | November 17, 2011
Last week, the Administration announced that it would delay approval of the TransCanada Corp.'s Keystone XL $7 billion pipeline, which would carry 700,000 barrels of crude oil a day from the tar sands of Alberta, Canada, to refineries in Texas. Such a large quantity of oil would reduce the United States' dependence on oil from nations that often do not share our nation's interests, such as those in the Middle East and South America. In response to the Administration's delay, Canadian Prime Minister Stephen Harper met with Chinese President Hu Jintao and announced that Canada is considering the sale of its crude oil in the Asian market. Such a move, which is in direct response to the Administration's inaction, could hurt the creation of new American jobs and jeopardize future energy security.
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