|America's independent, non-partisan advocate for overburdened taxpayers.||Home | Donate | RSS | Log in|
“YES” on H.R. 1938, the “North American-Made Energy Security Act.”
July 26, 2011
NTU urges all Representatives to vote “YES” on H.R. 1938, the “North American-Made Energy Security Act.” Introduced by Rep. Terry (R-NE), this bill would expedite a final decision on the Presidential Permit for the expansion of the Keystone XL pipeline.
The Keystone XL pipeline, which would run from Alberta, Canada to U.S. based refineries, has the potential to provide an additional 500,000 barrels of oil a day from our largest and most stable supplier. The resulting increase in North American supply could help to make the U.S. less vulnerable to type of economic disruptions seen earlier this year due to political unrest abroad. Furthermore, a report by the Canadian Energy Research Institute, shows that investing in Canadian oil could create 343,000 new jobs and add tens of billions to our own Gross Domestic Product.
Despite these benefits, the State Department has resorted to stall tactics (largely at the behest of environmental agencies) against approval of various permits needed to move Keystone XL forward. To put an end to this bureaucratic obstinacy, the North American-Made Energy Security Act would facilitate coordination between the various governmental actors involved in the permitting process. The bill would also provide much-needed certainty to stakeholders by setting a clear date for a final decision on the Presidential Permit for the Keystone XL pipeline.
These commonsense measures will ensure that a timely resolution on the pipeline is reached before this valuable source of energy (and jobs) is lost to eager competitors from other nations. Roll call votes on H.R. 1938 will be significantly weighted in our annual Rating of Congress and a “YES” vote will be considered the pro-taxpayer position.
If you have any questions, please contact NTU Federal Government Affairs Manager Brandon Greife at (703) 683-5700