Rounds Signs onto Keystone XL Pipeline Legislation, Disappointed by President’s Veto Threat

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Rounds Signs onto Keystone XL Pipeline Legislation,
Disappointed by President’s Veto Threat

roundsWASHINGTON – U.S. Senator Mike Rounds (R-SD) today announced he is one of 60 bipartisan cosponsors to a bill approving the Keystone XL pipeline project. The bill, S. 1, is the first piece of legislation being considered in the Senate and the first bill Rounds is sponsoring as a Senator. Yesterday afternoon, President Obama indicated he would veto the legislation.

“Approval of the Keystone XL pipeline is long overdue. South Dakotans – and all Americans – overwhelmingly support it,” said Rounds. “I’m disappointed the President failed to listen to the will of voters by threatening to veto this important project. Instead, he’s pandering to the extreme left minority of his party. My hope is that cooler heads will prevail at the White House as we send this and other commonsense bills his way in the future.”

Offered by Sens. John Hoeven (R-ND) and Joe Manchin (D-WV), S. 1 authorizes TransCanada to construct and operate the Keystone XL pipeline from Alberta, Canada, to the U.S. Gulf Coast, transporting an additional 830,000 barrels of secure North American oil per day to U.S. refineries. The U.S. State Department estimates that Keystone will create 42,100 American jobs. Upon passage, a presidential permit would no longer be needed to approve the project. It is expected to pass the Senate with broad bipartisan support.

The Keystone XL pipeline project has been under review for more than six years, with five State Department issued environmental impact reports determining that the pipeline poses no major environmental risks.

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15 thoughts on “Rounds Signs onto Keystone XL Pipeline Legislation, Disappointed by President’s Veto Threat”

  3. Well, that is the same methodology Obama uses when he talks about all the green jobs to be created. But, let’s not split hairs.

    More than the jobs, this will have positive impact on US gasoline prices, energy prices in general, and US industrial competitiveness.

    It adds less than .1% to the total miles of pipelines in the US meaning the “spill environmental risk” is infinitesimal so that argument is bogus.

    Let’s just build the pipeline and get this economy moving.

  4. ” this will have positive impact on US gasoline prices, energy prices in general, and US industrial competitiveness.”—- You claim , you explain. Can you do that?

      1. Rather than refute common sense-supply and demand, etc (read Troy’s post below)-you try to discredit with a simple old saying. How about you use your giant brain and vast knowledge to explain how it will not have a positive impact on gas prices, energy prices, and industrial competitiveness?

  5. Jaa dee,

    1). Basic Econ: conversion to a more efficient delivery mechanism reduces price. Read any intro to Econ book.

    2). Basic Econ: cheaper oil will reduce demand on other energy sources which will reduce those costs.

    3). Basic Econ: energy is a big expense in manufacturing. Lower costs makes us more competitive.

    If these are foreign concepts to you, it can’t be explained in a blog.

  6. I am so tired of the earth muffins and tree huggers trying to impede economic growth. Reasonable regulation is necessary but agendas are being pursued for destructive ends. It’s time for a house cleaning in the EPA, and to end the power of environmental radicals. In 24 months hopefully this silliness will be over.

    1. I agree wholeheartedly. The EPA should have to answer to congress, and congress should try actually being accountable to the citizens. Wouldn’t that be something?

  7. Obama vetoes this which guarantees a much better chance of a Republican President winning next year. Two years of Presidential name calling vetoes and the Press yucking it up as the GOP obstructionists causing all America’s problems.

  8. I support this pipeline and think the benefits out weigh any cons.
    My only concern that never really gets talked about is how this will affect Indian Country. The reservations are heavily against it and are concerned with more encroachment on their lands and livelihood. What are your guys’ respective thoughts and opinions?

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