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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-07-11 10:10 PM
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Keystone oil sands pipeline construction in doubt

Keystone oil sands pipeline construction in doubt

By Steve Hargreaves @CNNMoney November 7, 2011: 6:57 PM ET

NEW YORK (CNNMoney) -- Twenty thousand construction jobs. $5 billion in tax revenue. 700,000 barrels of additional oil a day.

All these things are now in doubt as opposition mounts to the expansion of the Keystone pipeline, a 1,700-mile long conduit that would carry crude from Canada's Alberta oil sands region to the U.S. Gulf Coast.

Just a few weeks ago analysts thought the jobs and economic benefits would easily outweigh environmental concerns and push the Obama administration to approve the $7 billion project.

But now Nebraska is balking at the pipeline's route, and rumblings of discontent are being heard from South Dakota as well.

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CaliforniaPeggy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-07-11 10:16 PM
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1. Good news!
I am not opposed to jobs. But these are temporary, and very dirty.

Even the Obama administration is thinking about another review, which would take it past the 2012 election.

We shall see...

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county worker Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-07-11 10:20 PM
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2. The oil goes on the world market. Jobs in other lands also.
Tax revenue going to the 1% and pollution in the aquifer.
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