Obama's Dithering - Great for Oil Industry!

XL Pipeline DemonstratorsOur "Great Waffler and Chief" Barack Obama has dithered too long again, this time in expanding domestic U.S. energy production. The XL pipeline expansion project has been effectively bypassed by refiners as doubt persisted it will ever be built after being bullied by Obama's hard-line EPA regulations to control all businesses in the United States by his Centralized Federal Government Bureaucracy's policies. The TransCanada Corporation has had two years of delays further diminishing their need for the XL Pipeline project altogether.

In spite of the inexperienced, sophomoric antics NYC XL Pipeline Demonstratorsby Obama, the railroads have dramatically increased crude oil shipments from Canada down to the Gulf Coast refineries. Enbridge, a pipeline competitor to the XL pipeline expanded existing pipes using previously approved rights-of-ways that side-stepped further federal permissions and permit approvals. More U.S. domestic pumping due to fracking shale fields has created such an over-abundance of light-grade oil that refiners will not need more of the more difficult to refine oil-sands heavy crude to meet plant production capacities.

The Obama Regulations are like a "Program for the Planned Obsolescence and Elimination of Government Interference" in interstate petroleum products--Finally, Obama is getting it right!