Manufacturers Urge President Obama to Go Further and Approve the Entire Keystone XL Pipeline

Higher Energy Prices Hurt Manufacturers’ Competitiveness and Stifle Job Creation

National Association of Manufacturers (NAM) President and CEO Jay Timmons issued this statement regarding President Obama’s remarks on energy in Cushing, Okla.:

“If President Obama is serious about an ‘all of the above’ energy policy, it should include all available domestic sources of energy as well as resources from our North American allies. This means expanded exploration of the Outer Continental Shelf, additional development of shale, nuclear, clean coal and the approval of the Keystone XL pipeline.

President Obama and his Administration time and time again have offered various proposals they claim will enhance our energy security, but they continue to miss the mark. The President missed a tremendous opportunity to increase our energy security when he killed the entire Keystone XL pipeline earlier this year. Now he is supporting only a small portion of the pipeline, which does not allow the United States access to Canadian crude. It is positive news that the Administration will expedite permits for this section of the pipeline. However, the real need, which is in the country’s national interest, is for swift approval of the full Keystone XL pipeline, providing us access to an affordable and reliable source of energy while creating thousands of jobs immediately.

Rising energy and gas prices are hurting consumers and businesses and threaten to derail our economic recovery at a critical time. Higher gas prices will dampen new investment and job growth and increase transportation costs for manufacturers, who use one-third of all energy consumed in the United States. It’s time for Washington to get serious about a real ‘all of the above’ energy policy to enable manufacturers to lead, innovate and create jobs.”

Related Tags: