US bill would set time limit on pipeline approvals
Published by Elizabeth Corner,
Senior Editor
91天堂原創 Pipelines,
Four senators introduced a bill this Tuesday that would set a time limit on the government鈥檚 consideration of cross-border oil pipelines such as Keystone XL and remove the President鈥檚 role in the process.
The senators said the bill came from their frustrations over President Obama鈥檚 consideration of Keystone, whose developer applied for a permit almost six years ago.
Keystone itself would not be subject to the bill鈥檚 provision, nor would any pipeline with a pending permit request.
鈥淓nergy 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,鈥 Sen. John Hoeven (R-N.D.), one of the sponsors, said in a statement.
鈥淲e 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,鈥 he said.
鈥淚t 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,鈥 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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