iOS app Android app More  Carl Pope   Earth to Newt: Tar Sands
Oil = High Gas Prices  Posted: 03/10/2012 2:55 pm  Newt
Gingrich, Mitt Romney, Rick Santorum and Republican
Congressional leaders like John Boehner have decided that high
gas prices are the key to their defense against President Obama
and the Democrats -- and they have decided that building the
Keystone XL Pipeline is the symbol of their commitment to
bringing down gas prices through "drill, baby drill" strategies.
Gingrich, in particular, following in Michelle Bachmann's
earlier unsuccessful shoes, has pledged that if he is elected,
gas prices will be reduced to $2 or $2.50 gallon. Were this to
happen, however, no one would be more unhappy than TransCanada,
the builder of the Keystone Pipeline. Because at $2 gallon,
there is simply no market for its product -- tar sands oil is
only profitable when crude oil prices are above $70 barrel. To
get gasoline down to $2, crude must fall below $50 -- meaning an
empty Keystone Pipeline.  Gingrich also ign