Our Echo
Title, story type, location, year, person or writer
Add a Post
View Posts
Popular Posts
Hall of Fame


Story ID:10254
Written by:Frederick William Wickert (bio, link, contact, other stories)
Story type:Musings, Essays and Such
Location:Washington D.C. USA
Person:Keystone Pipe Line
View Comments (2)   |   Add a Comment Add a Comment   |   Print Print   |     |   Visitors
By Fred Wickert

There has been considerable wrangling over the years over whether or not a pipeline should be built to carry oil across the United States from Canada to the Gulf of Mexico, where the oil can then be shipped to Europe. It has been named the Keystone Pipe Line.
The new Congress is determined to present a bi-partisan bill to the President for his signature. The President, Barak Obama, has indicated he will probably veto such a bill. Nobody seems to be able to figure out why.

For a long time it has been said the Environmentalists have been holding it up. It is true they have made plenty of objection to it but all along the way, their objections have been proven unfounded. To me it is a no-brainer. The oil currently is being transported by rail in tanker cars. If a train derails and three or four of those tankers burst open the environmental damage will be huge. If it gets in to a stream it can be far worse. When transported by pipeline, there will be no derailment.

When the President has spoken about it he can’t give a good reason why not to approve it. He just says it will only benefit Canada. That of course is false. He says the only American jobs it will create are temporary. That too is false, but it seems to be all he’s got. Nobody can understand his resistance on so little to go on.

There is something to consider that neither the politicians nor the media are mentioning, which I think has everything to do with it. If you think back to the beginning of Obama’s term of office, he and a billionaire named Warren Buffet were pretty chummy. It was widely circulated that what Obama was doing in regards to the economy had to be right because he was being advised in economic affairs by Warren Buffet, one of the most financially successful people in the Universe.

I am reasonably certain that Warren Buffet probably also made some rather hefty contributions to Obama’s campaign and to the Democratic Party. Contributions like that cannot just be ignored.

As I mentioned before, the Canadian oil that is proposed to be transported by the Keystone Pipe Line, is currently being transported by rail. A major share owner in the rail road line that is currently transporting all that Canadian oil, somewhere around half of it, just happens to be our friend Warren Buffet. If the Keystone pipeline is built and starts shipping their oil through that pipeline successfully, that will badly hurt the proceeds of the rail road line. The rail road line will not have all that revenue it now enjoys from transporting the oil that the pipeline will eventually transport.

As I said, neither the politicians nor the media are talking about that at all. Unless you understand that, Obama’s position seems rather strange, but when you know about that, I think his opposition is easily understood.

Am I wrong?

Please visit my website at: