Tuesday, December 17, 2013

The energy industry is preparing to move beyond Keystone XL — and that’s no eco-lobby victory « Hot Air

The energy industry is preparing to move beyond Keystone XL — and that’s no eco-lobby victory « Hot Air: "If there is one overarching lesson to be found in yesterday’s Energy Information Administration report on the United States’ relatively newfound and positively dizzying energy abundance largely unlocked by the auspices of the private sector and recent drilling innovations, it’s that fossil fuels are not going anywhere for quite awhile — which makes it rather unfortunate for the radically progressive eco-contingent that they have worked so very hard to manufacture the Keystone XL pipeline as the major politicized issue on which to hang their climate-change hats. The oil-and-gas industry is awash in resources, and while the Keystone XL pipeline would have been the most cost-effective, energy-efficient, safest, cleanest way for Canadian and North Dakotan companies to transport those goods, it is still perfectly profitable for them to find other ways around the bottlenecks that the relative lack of available pipeline infrastructure is creating — namely, railroad."

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