The Obama administration has again decided to delay deciding on the Keystone pipeline, which would allow oil from Canada to pass through the United States to the Gulf coast. At this point, it is very hard to believe that this is genuine "analysis paralysis," but a considered attempt to kill the project without having to take the responsibility for having done so. Neither explanation reflects at all well on the executive branch.
We are sure there are meritorious arguments in favor of killing the project, just as there are for allowing it. We do have a few observations, however, that are essentially irrefutable facts.
At this point, Barack Obama's calculated indecision is shameful. Kill it and face the consequences -- at least the capital will flow to some other productive use -- or authorize it and put people other than lawyers or lobbyists to work. Just do something.