GOP senators introduce Keystone XL pipeline bill....
The bill would bring to the front the best infrastructure project currently available, with a 1,700 mile pipeline bringing oil & gas to refineries in Oklahoma & Texas. It would create 20,000 "shovel-ready" jobs, and have a huge spillover effect on the economy, bringing on more electric power generating capability than all the solar & wind projects combined. And it would restore US-Canadian relations, given a setback by the first-ever rebuff of such a project.
Bottom Line. The bill, in addition to helping a project that is of immense importance in freeing the US from unfriendly suppliers of oil, would tee up an election issue for the GOP, one appealing to many voters who see jobs as the primary issue in next year's election. It would annoy the Green, but they are in Obama's camp anyway. Though it is hard to see Majority Leader Harry Reid bringing the bill to the floor, where it might well pass, the House can bring a similar bill up & pass it. It should do so, and thus set the stage for a major enegry argument during the 2012 campaign.
Letter from the Capitol, LFTC, Economy, Foreign Policy, National Security, Conservative Politics