- It allows access to an additional source of oil, providing downward pressure on prices.
- It reduces America’s dependence on oil from the Mideast, where we are hardly very popular.
- It is a clear, shovel-ready project that provides a multitude of jobs (they say 20,000 as soon as approved, with many more indirect jobs soon after).
- It would provide much needed stimulus to the economy. Even the unions, whom I don’t usually agree with, like the idea.
The only negative I can think of is the risk of environmental damage from a spill. While this is always possible, new technology developed over the last few years for preventing spills and cleaning them up has reduced and mitigated that risk to a large degree. In my humble opinion, the benefits far outweigh the risks.
But regardless of the direction, it’s time for our President to get off the fence and make a decision and live with the consequences. Mr. President, forget the election for a change and show some leadership. The American people are smarter than you think and they are watching.