| US House bill would move Keystone XL permit decision to FERC |
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US House Republicans joined their Senate colleagues on Dec. 2 in urging US President Barack Obama to reverse his Nov. 11 decision to delay acting on TransCanada Corp.’s cross-border permit application for the project until after the 2012 elections. Actions included introduction of legislation that would transfer authority for approving or denying the permit from the US Department of State to the Federal Energy Regulatory Commission. “Just a few yards from scoring the go-ahead touchdown, the administration called a 14-month timeout,” House Energy and Commerce Committee Chairman Fred Upton (Mich.) said as the committee’s Energy and Power Subcommittee began a hearing on the proposed system to move more crude oil from Alberta’s oil sands deposits to US Gulf Coast refineries. “This president had a chance to green light a private-sector project that would immediately create 20,000 high-wage construction jobs, strengthen our nation’s energy security, and create an additional 118,000 spin-off jobs,” Upton maintained. “But he didn’t do it. Instead, he placed election-year politics above jobs and the good of the country.” To continue reading click here. |
