All of the blather flying back and forth has hidden the only real roadblock to the Keystone pipeline’s construction.
Baltimore, MD (PRWEB) February 03, 2012
Despite what readers may have heard, the Keystone pipeline will be built, says Money Morning’s Dr. Kent Moors.
The Sandhills – ecologically sensitive or not – won’t stand in the way. Neither will political posturing, Kent goes on to say.
And he would know…
Kent is one of the world’s foremost experts on the global oil industry.
He has traveled the world for more than 30 years to gain a deep understanding and comprehensive knowledge of the transnational energy markets.
And his expertise and experience are regularly sought after by government policymakers – including high-ranking officials in the U.S., UK and Russia - and major energy firms and finance companies in more than 25 countries.
With his “insider” intelligence, Dr. Moors is able to cut straight through the politics surrounding the Keystone oil pipeline project to show readers what’s really going on behind the headlines.
And according to Kent, while the Republicans and Democrats on Capitol Hill have turned the project into a political shoving match, all of the blather flying back and forth has hidden the only real roadblock to the Keystone pipeline’s construction.
Environmental concerns can easily be solved, says Kent. That’s what the U.S. Department of State is busy figuring out, right now. And impatient Canadian CEOs and government officials won’t go anywhere when they remember how much revenue the Keystone XL pipeline will bring into their country.
Instead, the real roadblock to building the Keystone oil pipeline, is an obscure regulation in a 2007 energy statute. Technically, this statute is about greenhouse gas emissions. But according to Dr. Moors, it has less to do with protecting air quality and more to do with protecting America’s domestic oil production from OPEC encroachment.
Those on the outside might try to use this law to shut down the Keystone oil pipeline project before it starts. But even direct legal challenge won’t be enough to stop construction in the end, says Kent.
Learn why in this new Money Morning report from Dr. Kent Moors.
Money Morning.com provides valuable investment research and analysis to its more than 550,000 readers every day. Dr. Kent Moors is one of many market and industry experts who offer unique insights on new investment trends and little-known companies and industries, while showing readers the truth behind today’s biggest news stories.