Renaci: President Obama is Wrong to Prevent New Pipeline

Statement

Today, U.S. Representative Jim Renacci (OH-16) released the following statement on President Obama's rejection of the XL pipeline's permit:

"With his rejection of the XL's pipeline's permit President Obama has unfortunately chosen what is politically convenient for his reelection over what is right for the American people. The XL pipeline could produce tens of thousands of permanent private sector jobs right here in America, part of why it has the support of labor unions. An increase in oil production from Canada -- our largest trading partner -- would lower fuel prices for Americans. XL would also lessen our dependence on oil from countries who don't like us very much. If built here, the pipeline would be constructed using the most advanced environmental technology available anywhere in the world.

"President Obama should have said yes to more jobs and lower energy prices for Americans by approving the pipeline. He should have put America's energy security ahead of radical environmentalists and special interest groups. Instead, the House of Representatives will now look to act in a bipartisan manner where the President has not so we can get the XL pipeline up and running."

Rep. Renacci is serving his first term in the U.S. House of Representatives, where he is a member of the Financial Services Committee. Prior to his election he worked as a Certified Public Accountant in the health care industry, and owned and operated over 60 other businesses in the automotive and sports management fields.

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