Analysts: White House, Congress have little control over gas prices; Reid: GOP exaggerates benefits of Keystone XL pipeline


Yesterday I posted Rachel Maddow's excellent segment on the tar sands goop that's still polluting Michigan nearly two years after a spill. Yet Republicans, and some Democrats, are still pushing the Keystone XL pipeline, ignoring the obvious irreversible dangers and stats on how many jobs would really be created.

The Hill has two separate posts that address these issues:

The recent run-up is fueling election-year political battles and thrusting White House energy policy into the spotlight, with Republicans blaming President Obama and the White House working hard to deflect criticism. [...]

But because gas prices are tethered to oil prices, which are set by global markets based on a slew of complicated factors, energy experts say there’s not a lot U.S. lawmakers or the White House can do, at least in the short term.

It's a world market, you one-track "drill, baby, drill" Republicans. Doesn't the GOP read The Hill? Or understand how this works? Or care about the future of our planet? Including your own families? Profits over people, right?

Answers: Maybe. Maybe. No. No. Yes.

Meanwhile, today Senate Majority Leader Harry Reid (D-Nev.) said this (at about 8:00):

"It won't lower the price of oil. Construction won't be complete for a long, long time... And under the way it's constructed now, all the oil would be sold elsewhere. We can't have that. When I say elsewhere, I mean to some other country."

As for all those jobs that the GOP claims would be created, the numbers have been greatly exaggerated.

  • David G.

    Two things effect this issue of the Keystone pipeline and it's effects on the price of oil here in the states... Safety and value.  First safety -- so far there isn't enough documentation to show that it'll be safe for those along the route.  If anything, the record of the company is dismal at best.  They've been plagued with leaks and spills in the past.  Secondly, the irresponsible chatter among the republicans with their drumbeat of go to war with Iran has driven up the price of oil on the international markets.  Now this may be their intent, and trying to make it look like Obama is responsible, but  it's the Rethugs who are causing this to happen.  As a final thought, why should we take the health and property risks for a pipeline that won't net us a drop of fuel -- unless there's a spill?  We aren't guaranteed any of the oil or fuel which may go through this pipeline which, in conservative estimates, will take years to build and activate?  DG