It’s Official: Obama to Put Off Decision on Keystone Pipeline Until After Election

In a post four days ago, I predicted Obama would try to put off a decision on the crucial Keystone Pipeline until after the election so that he could have it both ways on the issue:

Right now the only part of Obama’s base that’s really excited is the Occupy Wall Street parasites, but that could easily backfire on him and he knows it.  He needs more of the Left’s true believers on board, and the anti-energy lunatics are one such option.  And the fact that he actually believes, as they do, that we can replace fossil fuels with solar shingles and windmills makes this a logical fit.

Obama, however, would like to keep the labor unions who would benefit from the Keystone project on board too.  This, I think, explains his dithering on making a decision.  When and if he actually decides, he’ll alienate one of these two groups.  For that reason it’s in his political interest, which is all that matters to this President, to delay this decision as long as possible.

Today Obama made it official:

The Obama administration plans to announce on Thursday it will explore a new route for a Canada-to-Texas oil pipeline, delaying a final approval beyond the 2012 U.S. election, sources briefed on the matter said.

The decision would be a victory for environmentalists, many of whom oppose the pipeline, and a setback for TransCanada Corp, whose $7 billion Keystone XL project is seen as the most important North American oil pipeline plan for decades.

One source familiar with the matter said that studying a new route for the pipeline would likely take 12-18 months, putting a final decision after President Barack Obama’s bid for re-election on November 6, 2012.

Brilliant.  With oil again approaching $100, Obama thinks dithering for another year and a half qualifies as thoughtful energy policy.  Keep that in mind as you’re filling up your gas tank next time.

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