Investor’s Business Daily, December 6, 2016
Politics: If you want to know why the economy has been struggling so much under President Obama, look no further than the arbitrary and capricious decision by his Army Corps of Engineers to block the Dakota Access pipeline it had already approved. How many days does he have left in office?
In July, the Corps said it had approved 200 water crossings and easements for the 1,172-mile pipeline to cross Lake Oahe, Lake Sakakawea and the Missouri River. When it’s finished, the $3.8 billion project will transport 450,000 barrels of oil a day from western North Dakota to Patoka, Ill.
But then protests erupted, fueled by environmentalist and misguided Native Americans, who said the pipeline’s crossing of Lake Oahe could pollute water of the Standing Rock Sioux reservation in North Dakota. In September, President Obama egged the protestors on and said the Corps would look for alternative routes. On Sunday, the Army Corps decided to overturn itself, and deny the Lake Oahe easement until it explores these alleged alternative routes.