Today the White House vowed that President Obama would veto legislation that approves construction of the Keystone XL pipeline if it passes Congress. The White House states that it will not stray from the ongoing review process that has taken over six years, citing litigation in Nebraska as the key reason behind Obama’s decision to not sign Keystone legislation.
However, Senate Majority Leader Mitch McConnell (R-KY) has promised to make a bill that greenlights the project to be the first item to hit Obama’s desk this year. The bill is all but guaranteed to pass the Senate, with 60 co-sponsors as of this morning.
The Keystone XL pipeline project will add more than 42,000 jobs during and after construction. It will also give the nations infrastructure a much-needed boost and contribute over $20 billion to the U.S. economy. The 830,000 barrels of oil per day the pipeline would deliver will also help reduce gas prices, stabilize the economy, advance national security, increase self-efficiency in energy production, and decrease the U.S. deficit via decreases in imports. Not only will it be the safest pipeline ever built in the U.S., but also contrary to its critics, it might lower, not increase, greenhouse gas emissions (GHG), according to various environmental studies.