According to CNN, the Senate narrowly rejected a Republican-sponsored measure Thursday that would have bypassed the Obama administration’s current objections to the Keystone XL pipeline and allowed construction on the controversial project to move forward immediately.
Fifty-six senators voted in favor of the amendment — four short of the 60 required for approval.
Click here to read CNN’s coverage
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“Under my plan, energy prices would necessarily skyrocket”
-Barack Hussein Obama
“We have to figure out how to boost the price of gasoline to the levels in Europe,”
-Steven Chu
Looks like you are succeeding.
If the only transportation fuel source solution were tar sands, I would willing perpetually pay more at the pump, drive less, &/or move closer to my workplace to assure we don’t pursue this path further.
Thankfully there are many alternatives to the tar sands.
Higher prices in the medium term can deliver them to us sooner – the invisible hand of the market at work. Efficiency improvements, fuel alternatives (domestic natural gas…) and transportation alternatives will be delivered if prices better reflect the value and COSTS of the current product. This transition will be postponed at a high ultimate cost if Transcanada is successful in getting rapid federal concessions that perpetuate the tradition of socializing the negative externalities of fossil fuel extraction to the public and tax payer. Artificially holding fuel prices down or bypassing environmental precautions should not be a national policy goal, although the rhetoric is useful for raising campaign contributions to both parties: