At the latest, realistic decision point on whether the Keystone XL
pipeline gets a United States permit slips toward the spring of 2014,
the new excuse bandied about is that the delay is Canada’s fault because
it has failed to deliver greenhouse gas regulations for the oil and gas
industry.
It’s an excuse that needs to be exposed for what it is: a
continuation of the U.S. administration’s leadership by avoidance on a
grossly mishandled project.
Indications are that Canada will be well on its way to implementing
regulations for oil producers by next spring that will be more stringent
than anything Obama has been able to deliver in his own country. The
regulations will put Canada’s oil and gas industry at a disadvantage
versus U.S. oil producers and all other suppliers of oil to the United
States, yet the odds are Obama will still sit on the fence because he
will by then be facing mid-term elections in November 2014, when he will
need the support of his insatiable green base.
READ MORE: http://business.financialpost.com/2013/09/05/obama-blaming-canada-for-keystone-delay-is-just-more-fence-sitting/?__lsa=4599-44bb
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