We have not heard the end of the story of the trans-American pipeline to bring Canadian oil sand derived crude though a 1,700 mile pipeline, that Obama rejected yesterday (1/18/12). Conservationists are celebrating, since they believe the negative environment consequences of the line and special process to remove the oil from the sands. It seems that this is a result less of a values decision, since this seems like a win win on both sides, and more related to politics- too bad there is so much fighting in Washington and little cooperation.
The cost to personal finances in the short-term will be less job opportunities, higher cost of energy, and the risk that this oil could easily go to China potentially harming our international competitiveness and security. Stay posted on this important issue.