Thursday, March 15, 2012

Bush Tells Oil & Gas Crowd That Keystone is No Brainer

Well duh, considering the audience and the speaker.
TransCanada Corp. (TRP)’s Keystone XL pipeline, which would carry oil from landlocked Alberta to the U.S. Gulf Coast, is a “no-brainer” that would create jobs and bolster the economy, former President George W. Bush said. 
The $7.6 billion Keystone XL line would generate private- sector employment and government revenue, he said at an American Fuel & Petrochemical Manufacturers conference in San Diego. The U.S. government’s budget deficit is unsustainable and must be reduced by supporting industry, Bush said. Bloomberg