A good editorial in Barron's. obama and his dem friends jeopardize their http://www.wilsoncountynews.com/article.php?id=39500&n=commentaries-the-economist-punting-energy-security-with-keystone>own nation's energy security.
Bad Neighbor Policy
By THOMAS G. DONLAN
The U.S. government loses touch with the best source of imported energy.
Article
The leaders of the United States often forget that there is another country between here and the North Pole. Washington often moves without caring about its effect on our northern neighbors, especially in matters concerning energy.
Thus, we have had to observe the spectacle created over Keystone XL, a proposed pipeline that would move Canadian oil from Alberta to American refineries that have specialized technology well-suited to process it. Those refineries face dwindling supplies of heavy oil from Mexico and Venezuela.
Some of the Canadian petroleum would be consumed in the U.S. as gasoline, diesel fuel and jet fuel; some of these refined products would be exported. In both cases, there would be significant profits for Canadian producers and transporters and for U.S. refiners, transporters and retailers.