Environmentalists Do Billionaires' Bidding In Fight Against Keystone Pipeline
By: Rachel Marsden
PARIS -- An environmentalist lies down alongside his fellow organic cucumber
aficionados to block the construction of an oil pipeline and wakes up a member
of a proxy army serving the billionaires who are fighting against America's
economic and national security interests to line their own pockets. How did that
happen?
This phenomenon is on display in the battle against the Keystone XL pipeline
project, the cornerstone of Canada-U.S. energy independence, set to run from
Alberta, Canada, into Nebraska, then ultimately to the Gulf Coast of Texas where
it can be exported.
None of this pleases environmental activists, whose actions suggest that they
would rather America and its trading partners get their energy supply from
foreign authoritarian regimes that are inclined to reinvest oil profits into war
-- most recently in places like the North Caucasus and Syria.
"But the United States does that, too!" the activists argue. Indeed, most
nations with a respectable GDP reinvest a significant portion of it into both
offensive and defensive measures in the interest of their own national and
economic security. The difference between siding with America and siding with
Saudi Arabia, for example, boils down to ideology.
The precise term for such an activist in the Billionaire's Dictionary is "useful
tool." No need for a draft when there are plenty of volunteers willing to dive
head-first into the cognitive trap of substituting a billionaire's mind-set for
their own. You would think the mere fact that these activists find themselves on
the same side of an issue as billionaires might be cause for some
soul-searching. It's as though cognitive dissonance, like critical thought,
washes over them then quickly recedes, like it has somewhere better to be.
Activists have as much of a chance at stopping the march towards U.S. energy
independence as they have in affecting global climate cycles with a PowerPoint
presentation by Al Gore. The only question worth asking here is, "Cui bono?" Who
will ultimately profit?
In the case of Keystone XL, last week's State Department report ought to have
assured President Obama that there were no significant environmental red flags
associated with the project. Still, the White House has said that it isn't in
any rush -- a curious position for a president who had just wrapped a State of
the Union address by highlighting the future star role of his veto pen on issues
that have been subjected to infinitely less scrutiny than Keystone.
So then, why the holdout? Either Obama and his supporters like the idea of
foreign oil, or they prefer a domestic alternative to the pipeline. Or perhaps
both.
Let's assess the foreign-oil front first. After Canada, Saudi Arabia is
America's second-largest oil supplier through its national oil company, Saudi
Aramco, but Western oil companies benefit from lucrative joint ventures and
service contracts. According to the BP (formerly known as British Petroleum)
website: "Our Integrated Supply and Trading (IST) team purchase and supply a
wide range of crude oil and refined products, destined for BP's vast refining
and marketing networks, as well as to other international petroleum markets. The
BP Representative Office in Riyadh helps to direct, coordinate and assist all BP
activities in the Kingdom."
Jolly good, chaps! At least until Canada supplants BP's Saudi cash cow, right?
One of the most outspoken (if not wealthiest) anti-Keystone activists is
billionaire Tom Steyer, a tireless purveyor of alarmist anti-pipeline billboards
and advertisements. A spokesman for Rep. Stephen Lynch (D-Mass.), whom Steyer
has ripped over Lynch's support for Keystone, told Canada's Globe and Mail last
year that it's hypocritical for Steyer to oppose the pipeline after making a
fortune off BP stock. Awkward.
On the domestic front, if Keystone becomes a reality, rail cars that serve to
transport oil will be rendered redundant. A Burlington Northern Santa Fe freight
train that was hauling oil exploded in North Dakota in December. A similar train
explosion in Quebec last summer killed dozens of people. Doesn't sound like a
very environmentally friendly alternative to me. How many polar bears did those
fireballs end up choking? Tough to measure that.
But you know what doesn't seem anywhere near as difficult to measure? The $34
billion that Warren Buffett's Berkshire Hathaway spent to acquire Burlington
Northern Santa Fe in 2009. The longer Keystone remains delayed, the more
attractive the alternative of having Obama's favorite billionaire stepping in to
provide the stopgap solution.
By all means, enviro-warriors, carry on. I just thought that perhaps you might
want to meet your generals.
COPYRIGHT 2014 RACHEL MARSDEN