Obama kills Keystone, gives $863M in heat bill aid

Joel Gehrke
The Washington Examiner

President Obama’s Health and Human Services (HHS) released over $863 million in funding for low-income familes to pay their heating bills this winter, perhaps blunting Republican critiques that his decision to block the Keystone pipeline contributed to high energy prices.

“This support is critical for families needing assistance to pay their home energy costs,” George Sheldon, HHS acting assistant secretary for children and families, said in a statement today. Congress provided the money through the Low Income Home Energy Assistance Program (LIHEAP).

The LIHEAP announcement comes one day after Obama’s State Department said that they could not approve the Keystone XL pipeline in the 60-day timeframe required by Congress as part of the December payroll tax cut. “Gasoline prices have nearly doubled in the three years since President Obama took office, and they’re only expected to go higher moving forward,” House Energy and Commerce Chair Fred Upton, R-Mich., said in a statement criticizing Obama’s Keystone decision. “Canada is our ally and closest trading partner, and it would be foolish to let this pro-jobs, pro-energy project slip through our fingers now.

Related: Obama Kills Thousands of Jobs with Keystone Pipeline Decision and The ‘Post-Partisan’ President Ignores Bipartisan Keystone XL Project

Update: TransCanda May Just Build The Keystone Pipeline Without Obama’s Permission

After three years of grueling study, and $1.6 billion dollars worth of spending on said study, TransCanada is still at a stand-still in building the Keystone XL expansion of their existing Keystone pipeline system.

That’s right. TransCanda already has thousands upon thousands of miles of pipeline in the US.

So, given the Obama administration’s obstructionism, TransCanada has decided to just push ahead with building the pipeline anyway…

Update 2: Democratic Party economics: The “Reasonable Profits Board”

Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a “Reasonable Profits Board” to control gas profits.

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