Obama's nondecision is really a decision on the Canada to Texas oil pipeline

Obama is increasing the costs of the pipeline and may kill it simply by delaying it. In addition, everyone knows that it will be easier for Obama to kill this once the election is over. From Reuters:

The decision would be a victory for environmentalists, many of whom oppose the pipeline, and a setback for TransCanada Corp, whose $7 billion Keystone XL project is seen as the most important North American oil pipeline plan for decades.

One source familiar with the matter said that studying a new route for the pipeline would likely take 12-18 months, putting a final decision after President Barack Obama's bid for re-election on November 6, 2012.

If the administration explores a new route, "it's a huge victory, and it would probably be the biggest environmental gift that President Barack Obama has given us," said Tony Iallonardo, a spokesman at the National Wildlife Federation. . . .