Keystone Pipeline Bill Passes House

WASHINGTON, D.C., May 22, 2013 –  The U.S. House of Representatives tonight passed legislation, by a vote of 241-175-1,  to expedite the approval of the Keystone XL pipeline.  H.R. 3, the Northern Route Approval Act introduced by Representative Lee Terry (R-NE), would clear the way for construction of the Keystone XL pipeline – which has already been delayed for more than four years due to bureaucratic hurdles.

“The Keystone XL pipeline will have substantial benefits to the United States, creating valuable jobs and increasing energy supplies.  This legislation illustrates the overwhelming support for this project and should be a sign to President Obama that he must end the gridlock and approve the pipeline,” said Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI).  

Gibson noted that the proposed Keystone XL project has undergone a lengthy review process by the federal government. Most recently, the State Department released its Draft Supplemental Environmental Impact Statement (EIS) on the revised Keystone XL pipeline route and concluded that the project would create substantial economic benefits while having minimal environmental impact.

“An affordable and reliable supply of all energy sources is essential to maintaining and enhancing the international competitiveness of American manufacturing, particularly in energy-intensive industries like steel.  The production and transmission of energy also provides key markets for steel products which are vital to the national economic recovery.  Pipelines are an important method for transporting crude oil as well as other products, and should be an important part of the nation’s energy future,” Gibson concluded.

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice.  AISI also plays a lead role in the development and application of new steels and steelmaking technology.  AISI is comprised of 24 member companies, including integrated and electric furnace steelmakers, and 125 associate members who are suppliers to or customers of the steel industry.  AISI’s member companies represent over three quarters of both U.S. and North American steel capacity.  For more news about steel and its applications, view AISI’s website at www.steel.org.

Contact:
Lisa Harrison
Senior Vice President, Communications
American Iron and Steel Institute
Tel: 202.452.7115