What if you were to learn that a massive Saudi Arabia sized supply of oil was available just 500 miles north of our border?
What if this supply of oil was controlled by an ally of the United States who wanted to develop it and ship it south?
What if this supply of oil did not require any off-shore drilling?
Wouldn’t it make sense to allow that oil to reach the U.S. market rather than having it drilled and transported to China instead?
Ironically, this oil exists in Canada near the NHL hockey town of Edmonton, where vast reserves are available to be delivered to the U.S. market.
So what is the hold up in bringing it to the United States?
The U.S. State Department!
That’s right. Hillary Clinton’s State Department has been sitting on the approval of a pipeline to move the oil from Canada to the United States for more than three years.
The problem? Environmental groups don’t want the Alberta oil sands field developed because they believe that getting the oil out of the ground will cause increased greenhouse gas emissions, and the Obama Administration consistently sides with the powerful enviro lobby over the economic interests of the nation. So, these environmental groups are lobbying against building a pipeline that will bring this oil to the U.S. markets.
The most amazing thing in this equation is that it assumes that failure to give the U.S. markets and consumers access to this oil will stop the development of the oil field. Nothing could be further from the truth.
The Chinese are investing billions of dollars in the development of an oil pipeline from these very fields to a Pacific Ocean port facility in British Columbia. So, the oil is going to be taken out of the ground whether it is piped into the U.S. or not.
Get full story here.
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