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API: approval of KXL is welcome news and critical to US economy

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World Pipelines,

API President and CEO, Jack Gerard, has welcomed the State Department’s approval of the cross-border permit needed for the advancement of the Keystone XL pipeline.

“Today’s action to approve the Keystone XL pipeline’s cross-border permit is welcome news and is critical to creating American jobs, growing the economy, and making our nation more energy secure,” said Gerard. “This critical infrastructure project has been studied longer than any pipeline project in US history with exhaustive reviews by the State Department concluding that the project is safe for the environment and the best option for transporting domestic crude and Canadian oil to US refineries.

“Approval of this project is an important step to recognising the benefits that come from US energy infrastructure. According to a recent study, private investment in our nation’s energy infrastructure is a US$1 trillion proposition that could create over one million new jobs for America’s safest, most highly trained and productive workers. Moving forward, we strongly urge the individual states, which stand to benefit from the Keystone XL pipeline, to approve this important project.”

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