Pages

Search This Blog

Thursday, May 31, 2012

Will the fate of an oil pipeline help decide the U.S. presidential election?

Posted: 30 May 2012 10:37 AM PDT
Could the fate of a pipeline prove decisive in the U.S. presidential election? So far, the proposed Keystone XL pipeline connecting Canada and Texas is central to a Republican strategy of tarring President Obama as an economically clueless tree-hugger oblivious to the jobless multitude.

Yet should energy pipelines assume gigantic, life-like proportions in the public imagination? Whether or not they should, they have been doing so for a couple of decades now. In the 1990s, the Baku-Ceyhan oil pipeline linking the Caspian and Mediterranean seas was treated by its advocates and opponents as a life-and-death struggle. So it has been in recent years over competing proposed natural gas pipelines connecting Europe to Russia and Central Asia -- Nord Stream, South Stream and Nabucco.

Now we have Keystone XL, a proposal by TransCanada for a 1,700-mile-long pipeline that would carry some 700,000 barrels a day of bitumen to Gulf of Mexico refineries.

Yet, while American pols go on and on theatrically about Keystone, it is instructive how calmly the Canadians handle the issue.

No comments: