If he gives in to Steyer by blocking the pipeline, Steyer gives $100 million to Democratic candidates this fall.
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When President Obama holds back approval of the Keystone pipeline, for the umpteenth time, it’s bad enough that he’s politically pandering to Tom Steyer, the hedge-fund billionaire and manic radical opponent of fossil fuels. If he gives in to Steyer by blocking the pipeline, Steyer gives $100 million to Democratic candidates this fall.

Obama’s transparent political cynicism is incredible. But it’s more than that. It shows his disregard for jobs and economic growth for blue-collar union workers who used to be Democrats. It shows his utter disregard for our loyal Canadian ally up north. And it sends the wrong signal to Vladimir Putin, who probably believes the U.S. will not undermine Russia with energy independence and oil and gas exports while Obama is in office.

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