Rep. Poe: Obama at War With US Energy Firms

The administration’s decision to postpone the Canadian XL pipeline despite the price of crude oil jumping above $100 a barrel has led energy-sector executives to suspect the administration “is at war with American energy production,” GOP Rep. Ted Poe of Texas tells Newsmax.TV.

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The administration’s decision to postpone the Canadian XL pipeline despite the price of crude oil jumping above $100 a barrel has led energy-sector executives to suspect the administration “is at war with American energy production,” GOP Rep. Ted Poe of Texas tells Newsmax.TV.

Poe, who represents the heartland of the U.S. refinery industry in Southeast Texas, says delaying a decision on the XL pipeline until after the November 2012 election will hurt U.S. job growth. Once fully operational, that pipeline would deliver over 1.2 million barrels a day to the thirsty U.S. oil refineries that blanket the Gulf Coast region near Port Arthur, Texas.

“That’s as much oil as we get from Saudi Arabia,” Poe tells Newsmax. “Why not trade with a stable partner, rather than relying on Middle Eastern oil? Even the pipeline folks in Nebraska have now a new route that they want to go through, to go around the environmental concerns. The State Department says, ‘No, we’re not going to do it. We’re going to wait until after the election to make a decision.’”

Poe warned that Canada may simply build a pipeline west rather than south, and offload the crude into oil tankers bound for China. He said the administration’s decision appears to be motivated by politics: Environmentalists oppose construction of the Canada-to-Texas pipeline.
“By a failure to make a decision, we are just continuing down the road of high energy prices,” the Texas congressman said.

Other highlights from Poe’s exclusive interview with Newsmax.TV:

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