**OSFC Note: Bloomberg published the following editorial on Monday, April 29 in support of Keystone XL.
[I]t seems to us that we have finally reached the “enough already” moment in this debate. The EPA had its say on the first environmental-impact report on Keystone in 2011. This time around, once the process is complete, eight federal agencies will have given input. The technical review has been detailed and thorough.
We would like the State Department to approve it — but we would also like it to make a decision.
In the end, the most important thing that Keystone would do is carry as many as 830,000 barrels of oil a day from Canada and from the Bakken shale formation in North Dakota to refineries on the U.S. Gulf Coast. This is oil that the U.S. still needs, and will bring in from somewhere — probably Canada or Venezuela via train and ship — whether or not Keystone is built.
Rather than encourage more study, President Barack Obama should now prod the State Department to move as fast as possible to approve the pipeline and get this overblown and needlessly divisive controversy off the nation’s agenda.
Read more HERE.