OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Protecting Investment in Oil Share the Next Generation of Environmental, Energy, and Resource Security Act

Floor Speech

Date: Feb. 15, 2012
Location: Washington, DC
Issues: Oil and Gas Trade

BREAK IN TRANSCRIPT

Mr. WELCH. I thank the gentleman.

Keystone is not the energy future that advocates claim it is. But if in fact the Keystone pipeline is built, then this amendment says that that oil in fact should be used in the United States to reduce our dependence on oil. It appears right now that if this pipeline is built, it will be for the purpose of transporting tar sands oil from Canada down to Houston for refining and then export to Latin America and China. That's very much what is on the mind of many people.

You can't have both--have that pipeline be essentially a conduit for export and claim that it's going to reduce American dependence on overseas oil. This amendment speaks directly to that it and it allows those who claim that Keystone will allow us energy independence to guarantee in law that that will happen.

BREAK IN TRANSCRIPT


Source
arrow_upward