A few facts concerning the Keystone pipeline controversy:
1. The pipeline will not be completed until 2015, which has always been the projected completion date.
2. Canada will give no guarantees that any of the oil will find its way into American vehicles. It will be sold to the highest bidder. That is why Canada wants to get it to the Gulf Coast.
3. The right-wingers are wildly inflating the number of jobs that will be created. This is being done for political purposes. They claim 200,000. Economists say 10,000 to 20,000. These jobs would only last until the pipeline is finished.
4. Canadian oil is already reaching the Gulf Coast by way of existing pipelines and the use of three 100-tank-car trains per day. The Keystone won’t really be needed until 2015, when production is fully ramped up.
We are presently drilling three times as many oil wells in this country as eight years ago. A record amount of oil is being pumped, yet gasoline prices have gone up for three main reasons.
One is the incredible demand from China and other fast-growing economies.
For 100 years, we led the world in car sales, but a few years ago, China passed us up.
China has over 100 cities with populations over 1 million. By contrast, we have around 20.
Chinese traffic jams are monumental in many places. India is projected to surpass China in about 25 years, so it’s not hard to see how this has to affect oil prices.
The second reason is the Iranian situation, which has caused Wall Street speculators to bid up prices since oil supply disruptions cannot be ruled out.
The third reason is that our own economy is improving, and we are also heading into peak summer driving season.
William E. Raymond
Dana Milbank’s April 20 column, “Debauchery, or just Americans being Americans,” had elements of satire in it, but I could not figure out if Milbank was serious. I hope not.
How is debauchery just being American? What an embarrassing image to portray to the world. I do not include debauchery in my lifestyle, nor does anyone I know. All Americans should be insulted.
I am guessing that the Secret Service agents put everything on the taxpayers’ tab, including the prostitutes. How can the author claim that the government is responsible for the General Services Administration’s lavish spending because its salaries have been frozen and those in the agency need to take advantage of the perks while they last?
I do not have any problem with Hillary Clinton having a beer, as long as I do not have to pay for it.
The National Institutes of Health spending on studies of prostitutes in China and collecting teenage boys’ sex diaries, among others, is preposterous. These are just a few small examples of the outrageous spending habits of a nation whose debt is approaching $16 trillion.
Jobs at risk
The Chinese government is spending tens of billions to overtake America’s parts manufacturers, which is putting 1.6 million good-paying U.S. jobs at risk.
This unfair subsidy is serious enough that 188 senators and representatives have sent a letter to President Obama, urging him to act. I want to thank U.S. Sen. Sherrod Brown and U.S. Reps. Betty Sutton and Tim Ryan for signing. We must save this important sector of the economy.
Treasurer, United Steelworkers Local 2L