Kinzinger Supports Bill to Increase North American Energy Production

<i>From the office of Rep. Adam Kinzinger (R, ILL)…</i>

Washington, D.C. – The House Energy and Commerce Committee, which Congressman Adam Kinzinger (IL-11) serves on, yesterday passed the North American-Made Energy Security Act, H.R. 1938, with bipartisan support by a vote of 33 to 13.  Kinzinger issued the following statement:

“What does the Keystone XL pipeline mean for the United States?  For starters it means reducing our addiction to foreign oil and creating directly and indirectly more than 100,000 jobs.

“It means 1.3 million barrels of oil from our friends to the North, which means we will need less oil from the Middle East, less oil from Venezuela, less oil from countries we can no longer rely on.  

“And, it means $5.2 billion in new property tax revenue for bankrupt states.
“Yesterday, the Obama Administration announced its short term,
politically motivated plan to release 30 million barrels of oil from the
Strategic Petroleum Reserve. Rather than supporting legislation that
will increase domestic energy production opportunities, reduce our
addiction to foreign oil and create American jobs, the Administration
opted to tap into our emergency supply, which only puts a band aid on a
bleeding wound.

“This bill does not require the President to accept the benefits of the
Keystone XL pipeline.  It merely requires him to make a long overdue
decision on this pipeline.

“At present, the State Department has at their discretion, the authority
to decide if the US benefits from the pipeline.  The fact is that
someone will benefit from the oil out of Alberta.  If it’s not the
United States it will be China – and it will be American businesses and
consumers who will suffer the consequences from our inaction.”  

According to TransCanada PipeLines Limited, <i>the proposed
Keystone Gulf Coast Expansion Project is an approximate 2,673-kilometre
(1,661-mile), 36-inch crude oil pipeline that would begin at Hardisty,
Alberta and extend southeast through Saskatchewan, Montana, South Dakota
and Nebraska. It would incorporate a portion of the Keystone Pipeline
(Phase II) through Nebraska and Kansas to serve markets at Cushing,
Oklahoma before continuing through Oklahoma to a delivery point near
existing terminals in Nederland, Texas to serve the Port Arthur, Texas
marketplace.</i>

<a href=”http://kinzinger.house.gov/”>http://kinzinger.house.gov/</a>

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