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GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: Cogito Ergo Sum who wrote (97196)1/20/2013 4:24:49 PM
From: average joe1 Recommendation  Read Replies (3) of 219208
 
Sask. premier urges Obama to approve Keystone XL

10 Republican governors sign Brad Wall's letter Posted: Jan 17, 2013 2:05 PM CST

Brad Wall has long been a vocal supporter of the Keystone XL pipeline. (CBC)

Saskatchewan Premier Brad Wall and 10 U.S. governors have sent a letter to President Barack Obama urging him to approve the Keystone XL project.

Wall has long maintained that the TransCanada Corp. pipeline that would run through Alberta and Saskatchewan and then south into the U.S. would be good for the province's oil industry.

Wall and the governors, all of them Republicans, say the Keystone XL would generate thousands of jobs on both sides of the border and should be approved.

A year ago, amid opposition from environmentalists, citizens and politicians, Obama rejected the pipeline application.

However, he's expected to make a decision about a revised application by spring.

"Mr. President, we consider the Keystone XL Pipeline fundamentally important to the future economic prosperity of both the United States and Canada," the letter says. "We strongly urge you to issue a Presidential Permit and act swiftly to approve the Keystone XL pipeline."

Wall was the only Canadian premier who signed the letter.

cbc.ca



The Premier should focus getting the jobs lost from Saskatchewan by shipping our uranium ore to Ontario. I.e. 1000 + full time jobs in Ontario processing Saskatchewan uranium.

The income from the jobs building the XL pipeline is negligible.

The Premier should petition people who count such as the Federal Conservatives to build a pipeline to the West Coast of Canada so Canadian producers can take advantage of Asian markets. Right now a barrel of Western Canadian Select going to the USA is worth $47.20 (U.S.) a barrel right now – a whopping $40 discount to the North American benchmark, known as West Texas intermediate (WTI).

I don't expect the Premier to understand world economics as he does not understand Saskatchewan's economics.
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