Keystone XL oil pipeline battle has only just beguncontest in S.C. takes bizarre twists for Romney, Gingrich

As Florida awaits, GOP contest in S.C. takes bizarre twists for Romney, Gingrich
By Marc Caputo and Adam C. Smith The Miami Herald
 A soap opera-like drama unfolded in South Carolina, where Mitt Romney and Newt Gingrich are now tied in the polls. Florida’s GOP primary now looms large.
 
 
Fullsize Buy Photoprevious | nextImage 1 of 2GOP candidate Rick Santorum spoke Tuesday night at the South Carolina Chamber of Commerce Business Speaks event at the Marriott in Columbia. Tracy Glantz / tglantz@thestate.comFullsize Buy Photoprevious | nextImage 2 of 2Photos By Marc Caputo and Adam C. Smith
Herald/Times Staff Writers
CHARLESTON, S.C. — Mitt Romney’s aura of inevitability took a hit Thursday, just as the biggest threat to his campaign, Newt Gingrich, suddenly faced unwelcome questions about once asking his ex-wife for permission to have an “open marriage.”
To call Thursday the most turbulent day of an already volatile presidential primary would be an understatement. South Carolina suddenly is a neck-and-neck race between the two. And, as a result, Florida’s Jan. 31 primary looks like less of a cakewalk for Romney.
The morning began with Texas Gov. Rick Perry ending his struggling campaign and endorsing Gingrich. About the same time, Iowa certified results from its Jan. 3 caucuses, showing that — contrary to early reports about Romney barely winning — Rick Santorum finished with 34 more votes.
But Gingrich’s ability to capitalize on the one-two blow to Romney was buried by a sensational ABC News interview with Gingrich’s second wife, Marianne, who said he wanted an “open marriage” so he could continue an affair with his aide at the time, who eventually became his third wife.
Gingrich turned the weakness into a strength Thursday night at the CNN debate here when moderator John King tried to ask Gingrich about it.
“This story is false” Gingrich said. “I am frankly astounded that CNN would take trash like that and use it to open a presidential debate.”
Gingrich got a standing ovation and “calls of Newt!” for bashing the “destructive, vicious, negative nature” of the news media.
“I am tired of the elite media protecting Barack Obama by attacking Republicans,” he said. After Gingrich scolded CNN’s King, the other candidates refused to touch the issue.
But Gingrich has made family-values a part of his campaign. And just as he questions Romney’s business background, he’ll face questions about his past.
The ABC News report won’t go away, and supporters of his Republican opponents will likely play up Marianne Gingrich’s comments.
“He wanted an open marriage and I refused,” she told ABC News.
Gingrich and Romney are essentially tied, according to an average of five South Carolina polls released Wednesday and Thursday.
Romney, the frontrunner, was already waning before Thursday. Romney was 2-0 heading into South Carolina. But the re-counted Iowa ballots put him at 1-1.
Technically, there was no official winner of the Iowa caucuses because the party said it had not received results from eight of the state’s 1,774 precincts. Local party officials were supposed to submit forms by Wednesday summarizing the precincts’ total, but some never turned up by the deadline for certifying the election.
That makes Saturday’s primary winner crucial — especially in Florida, where the electorate is driven in large part by a television ad war.
“It’s the narrative that matters. The winner in South Carolina matters,” said David “DJ” Johnson, a former Republican Party of Florida executive director and Florida adviser to Jon Huntsman’s now-scuttled campaign.
“Debates matter, too,” Johnson said. “But it’s unclear how the Marianne story will play out.”
ABC’s Nightline aired the full report just after Thursday’s CNN debate.
Also, it’s unclear how much Perry will support Gingrich and whether his support really means much. Perry only garnered 6 percent of the vote in a CNN poll. His campaign appearances in South Carolina have been characterized by small, unenthusiastic crowds, and he was barely registering in recent Florida polls.
Marc Caputo can be reached at mcaputo@MiamiHerald.com. Adam C. Smith

Keystone XL oil pipeline battle has only just begun

 
 

By and , Updated: Thursday, January 19, 6:30 PM

When it comes to the fate of the 1,700-mile Keystone XL pipeline, proponents and foes agree that the fight did not end with President Obama’s decision Wednesday to reject the pipeline’s permit application. The question is how the battle will be waged in the months to come.

A war of words is being fought on the campaign trail. And some House Republicans vow to again seek legislation to clear the path for the controversial pipeline. Environmental groups say they will fight not only new Keystone proposals but also other major oil pipelines that would carry crude from Canada’s oil sands region.

 

 
Video

Raising the stakes in a bitter election-year fight with Republicans, President Obama on Wednesday rejected a Canadian company's plan to build a 1,700-mile pipeline to carry oil across six U.S. states to Texas refineries. (Jan. 18)

Raising the stakes in a bitter election-year fight with Republicans, President Obama on Wednesday rejected a Canadian company’s plan to build a 1,700-mile pipeline to carry oil across six U.S. states to Texas refineries. (Jan. 18)

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Meanwhile, TransCanada, which proposed the pipeline, said it will not only file a new permit application but also might pursue a truncated system within U.S. borders that would not require State Department approval. Such a pipeline could serve the growing output from the Bakken shale oil fields in Montana, ease the bottleneck of crude oil at the major terminal in Cushing, Okla., and later hook up with cross-border lines.

“We think that the Keystone pipeline will get built,” said Jamie Webster, a senior manager at the Washington consulting firm PFC Energy. “The caveat is that it might not be called the Keystone pipeline. The point is that there will be a way for these barrels to find a way to the United States.”

Rep. Fred Upton (R-Mich.), chairman of the House Energy and Commerce Committee, said in an interview Thursday that “we’re going to look for every opportunity to pass legislation” to ease the way for the pipeline’s construction. He said he supports a measure introduced by Rep. Lee Terry (R-Neb.) that would take the permit decision “out of the hands of the State Department” and give it to the Federal Energy Regulatory Commission.

Upton said it would be possible to again attach a Keystone provision to an extension of the payroll tax reduction, which expires in late February, though he said the GOP leadership was “just getting organized in terms of priorities we’re going to pursue.”

Other energy experts said, however, it is unlikely that the Terry bill could pass the Senate (it failed to last year) or that the Republican congressional leadership will risk a showdown over a payroll tax cut rather than simply make political use of Obama’s decision.

“There are some Republican members who really wanted to get the pipeline approved this year and thought this legislative strategy would work and they are dismayed,” said Robert McNally, an energy consultant who served on President George W. Bush’s National Economic Council. But he said there are others “who believe that the defeat on Keystone will pay dividends in the election this year.”

TransCanada and the province of Alberta took a pragmatic stance.

“There is a regulatory process in place, and we have to respect that process,” Alberta Premier Alison Redford said. “The good news is that the president said he wasn’t

How Iran’s Dangerous Game of Chicken Could Affect Oil Prices — and Your Portfolio

Thursday, January 19, 2012
8:30 AM
 
The energy markets are constantly abuzz with activity around the globe. If you’re an investor in this sector — and you should be — then staying abreast of every merger, discovery and seismic report is an exhaustive challenge. But in my Energy & Income newsletter, I stay tuned in to the latest breaking news and emerging trends so you don’t have to.

But if you’ve been paying any sort of attention at all, then there’s one news item that’s practically dominating energy news headlines.

Iran.

On Dec. 12, a high-ranking Iranian official announced plans to conduct “a military maneuver on how to close the Strait of Hormuz,” according to news reports.

 

  • From: AAP
  • January 19, 2012 12:17PM
Unemployment

Part-time employment was down 53,700 to 3.37 million. Picture: AAP Source: Supplied

  • 30,000 jobs lost in December
  • Fewer people are looking for work
  • Weak data points to another interest rate cut

ALMOST 30,000 jobs were lost in December, with part-time workers feeling most of the pain.

Full-time employment rose by 24,500 to eight million in December but part-time employment was down 53,700 to 3.37 million

Despite the big drop in overall job numbers the unemployment rate remained at 5.2 per cent.

This was because fewer people were actually looking for work and have fallen out of the labour market and participation rate.

The big drop in part-time employment reflects tough times in seasonal industries such as retail and hospitality.

The weak job data is adding to the case for interest rate cuts next month, economists say.

HSBC chief economist Paul Bloxham said the data made a cash rate cut by the Reserve Bank of Australia (RBA) more likely.

 

Australian Dollar

Related Coverage


“The data shows that unemployment has been on a slow grind for some time now,” Mr Bloxham said.

“I think this is still consistent with the RBA cutting interest rates next month, which is what we expect to happen.

“With the participation rate falling and employment also falling, it does look as though the labour market is still softening.”

Total employment fell 293,000 to 11,421,300 in the month, according to figures released by the Australian Bureau of Statistics (ABS).

The forecast was for total employment to have risen by 5,000 in December with the unemployment rate at 5.3 per cent, according to the median of 13 economists surveyed by AAP.

Full-time employment rose by 24,500 to 8.051 million in December while part-time employment was down 53,700 to 3.37 million, the ABS reported.

The December participation rate was 65.2 per cent, compared with an unrevised 65.5 per cent in November.
The participation rate was forecast to be 65.5 per cent.

 

The Australian dollar plummeted about one third of a US cent after the ABS released the latest job data.

CMC markets foreign exchange dealer Tim Waterer said the headline reading of 29,000 jobs being shed prompted the sell-off.

“The break-down showed there as a decent rise in full-time jobs,” Mr Waterer said.

“24,000 full times jobs were created and the reason for the headline numbers was part time jobs lost.

The dollar bounced back quickly

 

 

Cached on January 19, 2012, 9:14 pm

Editorial by
cowboyron
It’s the economy Stupied,gas it to hight ,food it out of sight,President Obama is in outer space and all the main stream news can do it talk about President hopefull  privet life. These are men they make mistate but let judge the whole candited not just one aspect of his life. During the civil war a young Lt. came to President licoln and said that  generial Grant Drank wile on duity. Well Licoln reply was “find out wat brand he drinks and I will give it to all of my Generial.
\Licoln was a smart men He judge his men by there total performance in other words was this indivutal good for our country . so we need to asked the same question will american be better off if this candited wins the election.
 
Cowboyron   

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