When everything seems to be going to hell in a hand basket, we need to recognize a victory when we get it. TransCanada wanted to build a 1700 mile pipeline to bring petroleum from Canada to refineries on the Texas coast. The refined product would most likely be sold outside the U.S. The pipeline, known as the Keystone XL, was opposed by Canadian Indians, a number of progressive labor unions, farmer groups in Nebraska, and a wide range of environmental activists.
On November 10 the Obama administration announced that the pipeline project would be delayed until after 2013. That is after the presidential election. I suppose President Santorum or Gingrich or Cain could revive it, but right now it is basically dead. If Obama is reelected, it is definitely dead. This is one more reason to reelect President Obama.
Since the Koch brothers stand to make a lot of money if the pipeline were completed, you can bet they will be dumping many millions of dollars into the next election. Even though they say they aren't involved in the building of the pipeline, they are involved in the refineries.
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