Former Top Obama Adviser Austan Goolsbee Says That Obama Is Naive

If opponents of the Keystone oil pipeline are naive, then his former boss is the worst of the bunch. Only he could have stopped it - and he did.

People in the U.S. opposing TransCanada Corp. (TRP)’s Keystone XL pipeline are being “naïve,” said Austan Goolsbee, former chairman of the White House Council of Economic Advisers. 

“It’s a bit naïve to think the tar sands would not be developed if they don’t build that pipeline,” said Goolsbee, speaking today in Toronto at the Economic Club of Canada. “Eventually, it’s going to be built. It may go to the Pacific, it may go through Nebraska, but it’s going to be built somewhere.”