The Obama administration is expected to announce this afternoon, via the State Department, that he is nixing the Keystone oil pipeline.
It is really hard to believe that a president would deny his own people the energy they need at a low cost that will fuel business and employment. You have to wonder what his real motivations are, because I doubt he gives a fig for the environment.
At a time when jobs are necessary, this will stop them. At a time when Iran is threatening to close the Strait of Hormuz, this is incomprehensible. It becomes a serious matter of national defense. At a time when oil is hitting $100 a barrel, this will move the price higher.
Is Obama doing this to punish Americans? What other conclusion is there?