Obama’s opposition to the Keystone XL pipeline is clever. He can say he’s all against it to appease the environmentalist crowd while everything moves forward to build it, appeasing the unions and the working Americans. TransCanada just needs to reroute around some sand in Nebraska. It is the clever move. It seems to me that the conservative commentators that are howling about this are playing into his hands as he can come in and calm the crowds by appearing reasonable and appealing to everyone.
Regardless, I think Canada will drag its feet long enough to see who gets elected in November before hastily signing any contracts with China. Both countries need/want the pipeline. China’s just a useful threat to make sure the US doesn’t get too extravagant with our demands.
I back all my opinions up with, you know, gut feeling.