Thursday, January 26, 2017

Trump signing executive order forcing through Keystone XL and DAPL pipelines

Rss@dailykos.com (mark Sumner) · Tuesday, January 24, 2017, 10:34 am

The evidence that the pipelines aren’t needed is overwhelming. The idea that they would create significant numbers of jobs is laughable. The threat they represent to the environment—both directly, and indirectly—is sizable. But the money Trump was handed by pipeline promoters didn’t stop at contributing to his campaign. They put big cash directly in his pocket.

And now they get their reward.

President Donald Trump intends to sign two executive actions today that would advance construction of the Keystone XL and Dakota Access pipelines, according to a person familiar with the matter.

For the thousands who have participated in protests leading to a reevaluation and eventual halt on these projects, this is a direct slap in the face. For Trump’s backers in the oil industry, it’s a big fat reward. One that will not only affect the balance of trade, and export oil jobs to Canada.

Keystone XL would wipe out the U.S. trade surplus, and a hike in the price of oil to $75 or $80 a barrel would suddenly turn it to deficit.

The oil for the Keystone pipeline comes from tar sands deposits in Canada that produce much more pollution than other types of oil production.

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Trump: “I am, to a large extent, an environmentalist. Believe me. But it is, to a large extent, out of control"

— Sam Stein (@samsteinhp) January 24, 2017

Source
http://feeds.dailykos.com/~r/dailykos/index/~3/16GCaSdyo2k/-Trump-signing-executive-order-forcing-through-Keystone-XL-and-DAPL-pipelines

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