President Barak Obama rejected a scheme for a pipeline to be made between Canada and the United States which planned to funnel Alberta oil-sands to the Gulf coast. Obama stated that the pipeline would not serve the national interests of the U.S. for environmental reasons. The end of this deal makes it more difficult for the oil in Canada to reach the world market. This may hinder the economy of Canada and lessen the world’s oil supply, but the president of the U.S. does not think that he made the wrong decision because he thinks that the deal is best for the environment of the world.

This was considered by many a large step forward environmentally because it proved that oil was detrimental to society and made a stand against large oil companies to show that the world economy is not run by oil. I agree with the thinking behind the rejection and find it interesting that there was so much opposition to this pipe line for environmental reasons as opposed to the reasons to make the pipeline for economic purposes and the fact that environmentalists won over economists.