President Obama vetoed Congress’ effort to expedite approval of the Keystone XL pipeline Tuesday, but the decision to allow the Canadian pipeline to cross the U.S. border is still on the president’s desk. As part of the process, the president will be considering comments from the Environmental Protection Agency (EPA), which is using lower oil prices as a last ditch effort to give him a new excuse to deny the pipeline—an argument he should reject.
The bottom line: denying the Keystone permit application and over-regulating hydraulic fracturing drilling techniques in the U.S. would make our nation more reliant on imports of oil from sources less reliable than Canada. In the process, there would be no discernable benefit to the environment.
“With competitive financing available for U.S. innovators, @DFCgov has provided confidence to the domestic #nuclear industry and private investors that they can compete abroad...the U.S. will again be able to ensure that civilian nuclear energy spreads in a responsible manner...” https://t.co/8P47z9A99J
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