Claremore Daily Progress

Business

February 9, 2012

Boren sponsors bill to begin Keystone pipeline immediately

WASHINGTON D.C. — Congressman Dan Boren has signed on as the lead Democrat to two bipartisan bills that would permit the Keystone XL pipeline to begin construction immediately.  

Today, Boren signed on as an original co-sponsor of the Energizing America Through Employment Act, introduced by Rep Connie Mack of Florida.  The bill would authorize TransCanada to construct and operate the 1,000 mile Keystone XL pipeline from Alberta, Canada, to the U.S. Gulf Coast, transporting 830,000 barrels of oil per day from Canada, North Dakota, and Montana to U.S. refineries.   The bill protects the state of Nebraska’s right to establish a new route in the state and requires that the pipeline have strong environmental and safety protections.  

The total economic benefits to the U.S. from the Keystone pipeline is estimated to be $20 billion, and states along the pipeline route, including Oklahoma, are expected to receive and additional $5.2 billion in property taxes during the 60 year estimated operating life of the pipeline.  

“The Keystone Pipeline is vital to our national interest.  The construction of the pipeline would create 15,000 direct jobs in manufacturing and over 100,000 related jobs.  At a time when 15 million Americans are unemployed, it is irresponsible to not move forward with the project,” said Boren.  

“Moreover, this is a matter of national security.  The amount of oil the pipeline would allow us to source domestically is nearly as much as we import per day from Saudi Arabia.  Reducing our dependence on foreign oil is critical to both our energy and economic security.”

Boren is also the lead Democrat of H.R.3811, the Keystone for a Secure Tomorrow Act (K-FAST), introduced by Representative Poe of Texas.  This bill would allow Congress to directly and immediately approve the permit for the Keystone XL pipeline.

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