US Candidate for Secretary of State Has Big Money in Tar Sands

Susan Rice’s investments in oil companies might foster conflicts of interest, some say

By Laura Sinpetru on November 29th, 2012 12:20 GMT

Concerns are now raised with respect to how Susan Rice's investments in several oil companies in Canada will influence the construction of the Keystone XL pipeline, especially if this diplomat is to become the next US Secretary of State.

As previously reported, many American citizens do not support this development plan for the country's oil industry, and some went as far as to stage open protests in Washington DC.

Due to the fact that a significant percentage of Susan Rice's income is generated by the money she invested in the oil industry, there are some who claim that her upping her status to Secretary of State will translate into numerous conflicts of interests.

On Earth explains that, should Susan Rice be named in said position, one of her duties would be that of deciding whether or not a second phase of the Keystone XL pipeline project must be given the green light or not.

More precisely, she would be in charge of deciding the future of those sections of the Keystone pipeline which are to stretch from Oklahoma to the border with Canada.

Needless to say, it may very well happen that this diplomat would prioritize personal benefits over considerations having to do with public interest and environmental protection.

Should work on these sections begin, it is quite likely that the US will once again witness protesters chaining themselves to bulldozers and trucks in order to sabotage the project.

According to the same source, Bill McKibben from the activist groups 350.org and Tar Sands Action made a case of how, “It's really amazing that they’re considering someone for Secretary of State who has millions invested in these companies.”

“The State Department has been rife with collusion with the Canadian pipeline builders, and it’s really distressing to have any sense that that might continue to go on,” this greenhead went on to add.

For the time being, both Susan Rice and the White House have chosen to remain silent with respect to this highly controversial issue.
Susan Rice has too much money in oil companies to become the new US Secretary of State, some say
   Susan Rice has too much money in oil companies to become the new US Secretary of State, some say
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