Rep. Upton: 'Washington's Red Tape Factory' Delays Keystone Pipeline

Thursday, 19 Sep 2013 03:03 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Over-regulation by the government has stymied the Keystone XL oil pipeline, House Energy and Commerce Committee Chairman Fred Upton said at a hearing Thursday.

The hearing, which included testimony from House members and business groups, marked the five-year anniversary of TransCanada's application to build the pipeline, which would stretch from Alberta to the Gulf Coast.

"Washington's red-tape factory is making it harder to build things," said Upton, a Republican from Michigan, according to The Hill. "It seems the federal regulatory maze is designed to prevent us from investing, constructing, and building the next big thing."

Editor's Note: Should ObamaCare Be Defunded? Vote in Urgent National Poll

President Barack Obama is still to make a decision on whether to approve Keystone. He has said he will reject it if the pipeline would increase greenhouse gas emissions.

Some House Republicans want to include approval of the pipeline as part of a debt limit increase.

At the hearing, Republicans, industry representatives, and labor unions said Obama's delay is preventing an addition of 42,000 jobs.

"The president's inaction and the bureaucratic delays have created uncertainty about whether or not my state will get to reap the benefits of this pipeline," said Montana Republican Rep. Steven Daines, The Hill reports.


© 2014 Moneynews. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

CNN: Doctor Took Selfie During Joan Rivers' Biopsy

Wednesday, 17 Sep 2014 08:08 AM

The doctor who performed the unauthorized biopsy of comedienne Joan Rivers' vocal chords - which ultimately led to cardi . . .

John Boehner: I'm Saddled with 'Knuckleheads'

Wednesday, 17 Sep 2014 07:52 AM

House Speaker John Boehner characterized the Republican majority in his chamber as unreliable. On any given day,"16 of m . . .

Human Rights Monitor: Recruits to ISIS Grow After Obama Speech

Wednesday, 17 Sep 2014 07:45 AM

Islamic State has won new recruits in Syria since President Barack Obama signalled last week that air strikes against th . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved