WASHINGTON D.C. - U.S. Senator John Boozman released the following statement after President Obama rejected approving construction of the Keystone XL Pipeline.
“Rejecting the Keystone XL Pipeline kills hundreds of jobs in Arkansas. Our number one priority needs to be job creation and putting Americans back to work. This project is a clear path to providing employment opportunities and creating an energy policy that decreases our dependence on oil from the Middle East. Unfortunately, this decision reflects the President’s top concern is protecting his own job.”
The proposed 1,700 mile Keystone XL pipeline would transport 700,000 barrels of oil per day from Canada and the U.S. Bakken region to U.S. refineries. Canada’s oil sands are among the largest oil reserves in the world. As global demand for oil surges and Canada increases production, the addition of the Keystone XL pipeline will ensure that Americans benefit from reliable and secure oil from our largest trading partner.
In December Boozman voted for the House-Senate compromise of the Middle Class Tax Relief and Job Creation Act, which requires the President to make a national interest determination and approve the Keystone XL pipeline within sixty days in addition to extending the payroll tax credit for two months.