By Ben Geman
Powerful business groups hope to raise the political stakes in the Keystone XL pipeline battle by warning President Obama that blocking the project would shake investor confidence in the U.S. economic recovery.
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“We are at an inflection point in our economic recovery. Whether economic growth will remain modest or pick up speed will depend on maintaining investor confidence and strengthening America’s competitiveness. The decision on Keystone XL will affect both,” states a letter to Obama released Thursday by the Business Roundtable, the Chamber of Commerce’s energy institute and the National Association of Manufacturers.
Read the full article at The Hill.