In a decision that environmental activists see as a hard-won victory, President Obama today announced he is rejecting the request from a Canadian company to build the Keystone XL oil pipeline. The news ends a seven-year review process that was a focal point in the debate over the Obama administration’s climate policies.
If oil stays below $50 a barrel for five years, the Saudis’ cash reserve will be exhausted, and with it will also go the social stability that lavish spending for the Saudi elites brings.
The BBC investigates. tldr: olive oil. But also: saturated fats perhaps are fine.
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