Republicans Cynical Plan to Force Work to Begin on the Keystone XL Pipeline

There’s cynicism, and then there’s Congress.

In the latest example of dysfunctional Congressional gridlock, the Democratic-led Senate is certain to reject a House of Representatives-passed Republican bill, House Resolution 3630, the 369-page ‘‘Middle Class Tax Relief and Job Creation Act of 2011,’’ to extend the payroll tax cut.

The sticking (sticky) point?

Oil - specifically, dirty Canadian oil derived from Alberta’s oil sands, and the Keystone XL pipeline cutting across Middle America to deliver it to Gulf Coast refineries. On 10 November, four days after 12,000 pipeline protestors encircled the White House, President Obama announced "the decision on the (Keystone XL) pipeline permit would be delayed until at least 2013, pending further environmental review.” Full article at: Like Lazarus, Republicans Attempt to Revive Moribund Keystone XL Pipeline

4 Comments
 
Best Response
oilpriceOn 10 November, four days after 12,000 pipeline protestors encircled the White House, President Obama announced "the decision on the (Keystone XL) pipeline permit would be delayed until at least 2013, pending MY RE-ELECTION
...at which time, the plan will be resumed. Kiss my ass. Thank you, and God Bless America."
  • Barack Obama
Get busy living
 

Ok. Oilprice just lost all credibility with me.

1.) Republicans never really supported a payroll tax extension. Dems wanted it, Republicans are happy to comply if Dems agree not to block a pipeline over global warming.

2.) Now Democrats are threatening to block a clean continuation bill unless Republicans first pass the payroll tax extension.

Democrats are engaging in classic Washington politics, and John Boehner is trying to play a fair game with them. Extend the payroll tax cuts (and approve a pipeline), don't extend the payroll tax cuts, or shut down the government. Your choice Dems.

 

Eligendi assumenda qui nostrum omnis. Ullam voluptatibus sint autem labore cupiditate. Nulla iusto incidunt aut ipsa hic vel. Voluptatibus est optio nihil.

Accusantium velit voluptatem nobis rerum ut praesentium. Dolores sunt consequatur consequatur id aspernatur expedita qui. Beatae maxime quo aperiam animi reprehenderit at. Suscipit atque dolorum voluptas. Error qui in ratione est. Doloribus magni expedita doloribus quae ut sapiente enim.

Tenetur qui saepe sit sit aliquid et dolor. Qui illum consequatur quia laboriosam quia dolor dolor. Libero aliquam cupiditate quia unde tenetur.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”