Published on : Feb 10, 2014
Jack Gerard - the President and CEO of the American Petroleum Institute appreciated the outcome of the Keystone XL pipeline stated by the Department of State’s Final Environmental Impact Statement (FEIS) and alleged that the Keystone XL pipeline is safe for the environment.
It took him five years, five federal reviews, plenty of public meetings, and over one conclusion and million comments to come close to approving Keystone XL. This is supposedly the final review that has rested several concerns about the program’s negative impact on the environment. However, now it has been long since the project has been under constant debate, and nevertheless, it should be swiftly approved without any further delay. This is the precise time to deploy thousands of Americans to work.
President Obama must now declare that the project is in the nation’s best interest, and the efforts to improve the trade relations with Canada is immense, while maintaining and improving the energy security for the future Americans.
With the help of KXL, the Canadian crude oil imports could reach 4 million barrels a day by the year 2030. This is twice the amount genuinely imported from the Persian Gulf. It was in the matter of 10 years, every liquid fuel need was accomplished from North American sources, and all the significant national security benefits were subjected to the country.
The American Petroleum Institute is a national trade association that signifies America’s natural gas and technology-driven oil industry. A 580 member association – including exploration and production, large integrated companies, marketing, refining, marine businesses, pipeline, and service and supply firms comprising of more than 20 million Americans. The industry’s support in this field is 8 percent of the U.S. economy and 9.8 million U.S. jobs, delivering $85 million of revenue to the government.
In brief, the Keystone XL pipeline is a great success towards making all this reality.