Wouldn't it be great if the XL Pipeline could be a magical cure all? One that would put thousands of people back to work? One that would return gas prices to $2.50 per gallon? One that would magically return our economy back to its former prosperous state? Yeah, well, snap out of that little fantasy people, this is no fairy tale.
Yes, the construction of the pipeline will employ thousands of people .... short term. Once the pipeline is built, which won't take long, all those people will go back to being unemployed. A few will be retained for maintenance of the pipeline. Yes, those people employed for awhile helps, but not like the politicians and oil companies would like you to believe. That pipeline would basically be built in order for the oil companies to move the oil down to the Gulf of Mexico, where it can be exported to other countries for a tax free profit. Don't kid yourself into thinking that the money from those profits will be fed back into our economy. bp (British Petroleum) is based in Great Britain and the Royal Dutch Shell is based in Holland. The majority of that money will not be staying in the US.
Contrary to what the GOP's presidential candidates would like you to believe, President Obama cannot just lower gas prices. They know that, but they count on you NOT knowing it. The oil companies and speculators are the ones who are manipulating the gas prices. How do we know that? They are doing exactly what they did in 2008. There's just a little more to it this time. At this point in time, we are pumping more gas out of the ground than ever before. We are also consuming less gas than we were in 2008. That means there should be plenty of gas laying around, right? Wrong. The oil companies export the majority of what they drill in the states to other countries. The reason our gas prices are going up so much right now, isn't because of the dozens of reasons the politicians and oil companies are handing you. It is because the oil companies ere thumbing their nose at President because he wouldn't sign on for the pipeline. They are currently exporting more oil than usual in order to drive up the gas prices. It makes for more record profits and they get you to be mad at President Obama, for something they are causing.
We already have pipelines bringing the oil into the States from Canada. That oil gets piped to Indiana and a few other states where it is refined before exporting. All this oil coming into this country is NOT for US to use, it is for exporting by the oil companies. That makes the oil companies richer and doesn't do much of anything for our economy. So, the next time someone tries to tell you that President Obama is hurting our country by not signing up for the pipeline, tell them to quit blowing smoke up your ass, and educate them.
