The real reason Obama nixed the Keystone Pipeline

The real reason Obama nixed the Keystone Pipeline

Posted on November 11, 2015 by John Myers  

President Barack Obama’s rejection of the Keystone XL Pipeline project, which would have provided 40,000 jobs and greater oil security for the United States, has less to do with the president being pro-Green and more to do with him being anti-white.
Sound crazy? Not to renowned writer, economist and political analyst Ben Stein who said of Obama last year: “This president is the most racist president there has ever been in America. He is purposely trying to use race to divide Americans.”
Stein added that Obama first used divisive issues to get votes and now so as to build his legacy. Obama so much as admits to his racism in his book, “Dreams from My Father: Story of Race and Inheritance.” In it he writes:

• “… I ceased to advertise my mother’s race at the age of twelve or thirteen, when I began to suspect that by doing so I was ingratiating myself to whites…”
• “… [I]t remained necessary to prove which side you were on, to show your loyalty to the black masses, to strike out and name names.”
• “… [T]here was something about him that made me wary. A little too sure of himself, maybe. And white…”
• “… white men and brown men whose fates didn’t speak to my own. It was into my father’s image, the black man, son of Africa, that I’d packed all the attributes I sought in myself, the attributes of Martin and Malcolm, DuBois and Mandela.”

Obama says it in black and white, he wants to emulate Malcom X, a convicted criminal who loathed whites and preached racial violence. Just imagine if Mitt Romney said David Duke had influenced his thinking.
As with African-Americans, Islam holds a special place in the heart of the president of the United States. Obama bows to the king of Saudi Arabia and supports the policy of the ruthless Arab kingdom that only allows temporary work visas for non-Saudi citizens (many of them white) while forbidding Christianity and free speech: two pillars America has rested upon since the nation was founded 240 years ago.
That is of no consequence to Obama.
And while consumers are enthusiastic about oil prices sitting just above $40 per barrel, it is just part of the long-term strategy of Saudi Arabia, which, with Obama’s consent, has flooded the world’s markets, driving prices down from over $100 per barrel 18 months ago. The tragic result is that the flourishing North American oil and oil shale industries are being gutted. The cost of the Saudi/Obama oil conspiracy is that billions of dollars in new investments and hundreds of thousands of high-paying oil patch jobs are disappearing.
The litmus test for the health of the nation’s petroleum industry since 1944 has been the Baker Hughes rig count. As you can see in the chart below the number of active rigs drilling for petroleum has fallen from more than 2,100 to 800. That is just a statistic until you consider the human cost.

As was reported last July, nearly 50,000 U.S. energy jobs have been lost in the past three months on top of 100,000 employees laid off since oil prices started to fall. Initial rounds of layoffs were blue-collar jobs such as roughnecks, fracking crews. More recently, engineers and scientists are being let go, which is an indication the oil patch doesn’t think there will be a recovery in petroleum prices for at least two years.
I live in Alberta, Canada, where 35,000 industry jobs have disappeared provincewide.
The oil business cannot turn on a dime. And Saudi Arabia is sitting on more than $1 trillion tucked in its war chest. Once it decides to shut down some of its spigots, thereby sending crude prices back to the $100 barrel range, its high-cost competitors will take years to ramp up old and abandoned projects.
This is exactly what happened in 1985. I know because I was at an emergency OPEC meeting in Geneva, Switzerland, when Saudi Arabia executed this same policy to shut down high-cost oil producers by flooding world markets with oil. The benchmark price of crude fell to $10 per barrel. The North American oil industry didn’t recover for than more a decade.
And so it goes again, but this time Saudi has an important ally: the president of the United States.
World prices are falling, as you can see in the chart below. But Saudi and other Arab oil exports to the United States are rising. For the president, these energy policies kill three birds with one stone:

1. They satisfy Obama’s commitment to make America weaker.
2. They help his legacy with the Greens.
3. They guarantee millions in Saudi money to build his presidential library and finance his version of the Clinton Foundation.

According to former Sen. Joe Lieberman, no other country has penetrated Washington as deeply and powerfully as has the Saudi lobby. Lieberman, a former candidate for vice president, has complained that when it comes to Saudi links to Islamic terrorists, “The FBI and maybe other parts of our government have seemed to want to almost defend the Saudis, or not be as aggressive as they should be about the Saudis.”

The Keystone opponents as stupid as the Keystone Kops

This brings us back to the Greens who stopped the Keystone XL Pipeline, largely because it might cause an accident. This flies in the face of facts. America already is operating 2.6 million miles of petroleum pipelines that have been built over decades. The pipeline operator, TransCanada, has declared that Keystone would be the safest pipeline ever built in North America. You might think that would provide assurance when you consider that based on fatality statistics from 2005 through 2009, oil pipelines are roughly 70 times safer than trucks, which killed four times as many people during those years, despite transporting only a tiny fraction of fuel shipments.
And shipping by rail isn’t all that safe either. This was highlighted last weekend. Reuters reported: “A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Sunday, knocking 13 cars off the tracks, spilling oil and leading 35 homes to be evacuated…” The day before, BNSF Railway Co. crews had stopped the flow of ethanol from a freight train that derailed 140 miles away.