Friday, March 06, 2015

"Extraordinarily Dirty" - What Obama Thinks of Athabasca Bitumen

Barack Obama didn't pull any punches in giving his opinion about Alberta's bitumen.

Obama said he was still not sure whether he would approve Keystone, the $8-billion TransCanada Corp. project that would send oil from Alberta and the Northern U.S. to refineries in Texas. But he was more critical than ever, telling a South Carolina audience that the pipeline would create few jobs, pose a risk to Nebraska farmland, and “benefit, largely, a foreign company.”

“The reason that a lot of environmentalists are concerned about it is the way that you get the oil out in Canada is an extraordinarily dirty way of extracting oil,” he said during a question-and-answer session.

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