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Construction Equipment Industry News AEDNews is the weekly electronic newsletter published by AED. Contact Kim Phelan at (800) 388-0650 ext. 340. with any questions or feedback.
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President Obama Rejects Keystone Pipeline


On Jan. 18, President Obama rejected the Keystone XL pipeline, denying the project the permission it needed to proceed with construction. The president’s move is a disappointing rejection of an important infrastructure project that could have created up to 13,000 jobs and brought 830,000 barrels of oil per day to U.S. refineries.

“AED is deeply disappointed with the president’s refusal to give the economy a much needed shot in the arm,” said AED President and CEO Toby Mack. “We are saddened that the president chose to play politics and placate his environmental supporters’ trumped up allegations of ecological harm rather than create jobs and secure America’s energy future.”

The president justified his decision saying a provision in December’s temporary payroll tax cut created a “rushed and arbitrary deadline,” which ”prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment.”

Obama’s statement, however, seems contrary to the findings in the State Department’s Environmental Impact Statement (EIS) completed in August 2011. In its final EIS, the department concluded that the pipeline would not have a detrimental effect on the ecology of areas surrounding the proposed construction.

Obama’s action did not close the door completely on the Keystone project. TransCanada said recently that it plans to reapply for a permit to build the pipeline.

Congressional supporters of the Keystone Pipeline XL project are looking for examples of businesses outside the oil industry that have been negatively impacted by the decision to delay the pipeline. To tell your story of lost opportunity, please send an e-mail to AED Senior Director of Government Affairs, Daniel Fisher.

AED will continue pressing for the permission of the Keystone XL pipeline in order to create jobs and pursue greater energy security.

Article Date: 2012-01-23
Source: Associated Equipment Distributors
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