Rounds Statement on President’s Rejection of Keystone XL Pipeline
PIERRE—U.S. Senator Mike Rounds (R-S.D.) today issued the following statement on President Obama’s decision to reject the Keystone XL pipeline:
“This decision is no surprise,” said Rounds. “While disappointing, this underscores the need for Congress to take affirmative action to see that this project is allowed to move forward. The Keystone XL pipeline would bring millions of dollars of tax revenue to local units of government in South Dakota. It would also ease the congestion on our rail system allowing us to move our crops to market in a more timely and efficient manner.”
The Senate voted on legislation earlier this year to approve the Keystone XL pipeline. It passed the Senate 62-36 before being vetoed by the President.
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The first keystone pipeline installed several years was under the guise that it would bring tax revenue to the counties it passes through. How has that worked out so far, Marion? Can you provide how much revenue has been generated to date?