Cole Statement on President Obama's Rejection of Keystone XL Pipeline

Statement

By: Tom Cole
By: Tom Cole
Date: Nov. 6, 2015
Location: Washington, DC
Issues: Oil and Gas Trade

Congressman Tom Cole (OK-04) released the following statement after President Barack Obama announced rejection of TransCanada's request to build the Keystone XL pipeline. TransCanada first submitted its construction request to the U.S. State Department on September 19, 2008.

"After more than seven years of needless delays, excessive environmental studies and outright refusal to make a decision either way on TransCanada's request to build the northern route of the Keystone pipeline, I am disappointed but not surprised by the president's decision to reject it," said Cole. "As I've said before, opposing Keystone is economically, diplomatically and environmentally irresponsible. Studies have shown that pipeline transport is cheaper, more efficient and more environmentally sound than any other means of moving oil.

"Given the facts, I had hoped that the president would change his mind over time and ultimately side with the vast majority of the American people who support this common sense project and worthwhile investment. Unfortunately, the president's final decision confirms that he's more interested in catering to radical environmental extremists than with creating jobs and encouraging energy independence," concluded Cole.


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