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US bill would set time limit on pipeline approvals

Published by , Senior Editor
World dzԹ,


Four senators introduced a bill this Tuesday that would set a time limit on the governmentdzԹs consideration of cross-border oil pipelines such as Keystone XL and remove the PresidentdzԹs role in the process.

The senators said the bill came from their frustrations over President ObamadzԹs consideration of Keystone, whose developer applied for a permit almost six years ago.

Keystone itself would not be subject to the billdzԹs provision, nor would any pipeline with a pending permit request.

dzԹEnergy infrastructure projects are too important to our economy and our national security to be dragged out, virtually for years in the case of the Keystone XL pipeline,dzԹ Sen. John Hoeven (R-N.D.), one of the sponsors, said in a statement.

dzԹWe need a process that is fact-based and transparent, a process that looks out for the interests of the American people now and into the future,dzԹ he said.

dzԹIt is important to strike a balance between adopting regulations that are necessary to protect our environment and managing the adverse economic impact these regulations have on investment and growth,dzԹ said Sen. Joe Manchin (D-W.Va.), another sponsor.

Sens. Joe Donnelly (D-Ind.) and Lisa Murkowski (R-Alaska) were the other sponsors.

Edited from various sources by

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Read the article online at: /business-news/18092014/us-bill-would-set-time-limit-on-pipeline-approvals/

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