Here's some knowledge for you. Oil is an international commodity. The price of oil is decided by a commodity market. The oil from the Keystone pipeline was not going to stay in the US, it was going to go to refineries on the Gulf of Mexico and then going to be sold on the open market. The US is currently a net exporter of fuel.
http://www.usatoday.com/money/indust...ort/52298812/1 As stated in the article, "There's at least one domestic downside to America's growing role as a fuel exporter. Experts say the trend helps explain why U.S. motorists are paying more for gasoline. The more fuel that's sent overseas, the less of a supply cushion there is at home." The reason for this is what I stated above, oil is a global commodity. You know why Keystone wanted to build a pipeline to the Gulf of Mexico to refine their oil? Because they wanted to make it easily accessible to the rest of the world, it would have increased the supply of oil, overseas, but there's no other reason it had to go to the Gulf of Mexico. Guess what else. There's evidence that the Keystone XL pipeline would actually INCREASE the cost of gas in the midwestern United States. Why is that you ask? Why because Transcanada will not deal with the refineries that exist in the midwestern United States because they can get more for their crude oil in the Gulf region, so until the price the midwestern refineries are willing to pay increases to the level acceptable to Transcanada that crude that came from Canada is going to have to go down to the Gulf and then come back up to the midwestern United States. This would actually offset any gains in gas prices in the midwestern United States seen by a limited increase in production that the Keystone pipeline would provide.
http://www.startribune.com/opinion/c...l?source=error So in all respects. Keystone wasn't going to decrease the cost of gas at the pump, nor was it going to decrease the US' reliance on foreign oil(we're a net exporter now). If you want to talk about jobs, the estimates, even from TransCanada seem to indicate that the jobs would number in the thousands for temporary workers and in the tens for permanent workers. But I'm sure that most people's feeble little minds can't grasp any of that, and they just think Obama Bad, Oil Good. As for the rest of this thread, Obama's chance at re-election is now at ~60% on the Intrade prediction market, so -150, and if you can get those odds and Rick Santorum is the Republican nominee its money in the bank.