Fox News is reporting that this afternoon Barack Obama is going to kill the Keystone Pipeline Project. This stands in direct opposition to a president who says he is committed to domestic energy production, energy independence, job creation, and economic recovery.
As we've said before, his actions speak louder than his words. In fact, in direct contrast to his words. The Keystone Pipeline would have been a great boost for the American economy. Now, Canadian Prime Minister Stephen Harper has warned, if we don't buy it, someone else will. Most likely China.
While average Americans and working families will suffer this hit the most, Obama appeases his radical environmental constituency that he believes is necessary for his reelection. As evidence, the radical Sierra Club has already released a statement praising the President, with their executive director saying, "I think it shores up his base definitely." Obviously the only job Barack Obama is worried about saving is his own.
As a note to the President, there are currently about 20 million Americans either who are looking for work or who have given up and walked away.
Obama just closed another door to them.
See more on XL Keystone and how it would benefit the economy:
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 11th, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 9th, 2014 | John Ransom