President Obama hinted this week that Fed Chairman Ben Bernanke may be planning to step down when his second term ends in January. Obama said today “already stayed a lot longer than he wanted.”
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Tag Archives: Obama
LNG Exports: Obama Sides with the Oil & Gas Industry
It was announced Friday afternoon, when no one was supposed to pay attention: after years of controversy, heated rhetoric, intense lobbying, and stiff opposition from some unlikely bedfellows, with multinational industrial and chemical companies weighing down one side of the bed, and environmentalists tossing and turning on the other, the Obama Administration decided in favor of the US oil and gas industry. With geopolitical ramifications.
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U.S. decision on Keystone XL pipeline seen dragging past summer
The Obama administration is unlikely to make a decision on the Canada-to-Nebraska Keystone XL pipeline until late this year as it painstakingly weighs the project’s impact on the environment and on energy security, a U.S. official and analysts said on Friday.
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Obama Is Pushing Banks To Make More Home Loans To Borrowers With Poor Credit
The Obama administration is readying a push to get banks to make more home loans available to individuals with weaker credit, The Washington Post’s Zach Goldfarb reports.
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Obama’s climate change policy is OK with us: Alberta
CALGARY — Alberta, home of the oil sands, agrees that it has further to go to reduce greenhouse gases and is looking at opportunities to improve its climate change strategy, International Relations Minister Cal Dallas said Thursday.
The minister said he watched U.S. President Barack Obama’s State of the Union Address Tuesday evening and he applauds the president’s resolve to accelerate the fight against climate change.
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SENIOR OBAMA OFFICIAL: “WE ARE GOING TO KILL THE DOLLAR”
I expect the eventual endgame to this whole Keynesian monetary experiment that has been going on ever since World War II to finally terminate in a global currency crisis. I’m starting to wonder if we aren’t seeing the first domino start to topple.
I’m talking about the Japanese yen of course.
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Pressure rises on Obama from Senate to OK Keystone pipeline route
More than half the Senate on Wednesday urged quick approval of TransCanada’s controversial Keystone XL oil pipeline, ramping up pressure on President Barack Obama just days after he promised in his inaugural address to respond vigorously to the threat of climate change.
A letter signed by 53 senators said Nebraska Gov. Dave Hei-neman’s approval of a revised route through his state puts the long-delayed project squarely in the president’s hands.
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Obama’s waning influence in Canada’s oil patch
BLOG: Anyone curious about how Barack Obama could influence decisions in the Canadian energy sector during his second term as President of the United States need only remember what happened to The West Wing after its fourth season.
Experts argue the President’s second term, much like the second half of the critically-acclaimed political drama’s 7-season run, will lose both relevance and resolve as the clock tics down to the inevitable finale.
In the meantime, Canada’s top oil and gas executives needn’t worry about anti oil sands rhetoric being formalized into White House opposition.
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“MY BIGGEST FEAR”
Michael Campbell in his Nov 10th Money Talks commentary below asserts that the re-election of Obama reinforces his belief in “the financial incompetance of Government and all of the consequences as the primary force in the years to come”.
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Senators turn up pressure on Obama to approve Keystone pipeline
WASHINGTON — A bipartisan group of senators on Friday urged President Barack Obama to quickly issue a permit for the northern leg of the Keystone XL pipeline, a project environmental groups have vowed to keep fighting.
The senators — nine Democrats and nine Republicans — asked Obama to approve the pipeline because it will create jobs and reduce the need for oil from the Middle East. They were led by Max Baucus, a Montana Democrat and powerful chair of the Senate Finance Committee, and John Hoeven, a North Dakota Republican. Both senators represent the booming Bakken oil region.
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