1/14/12 - Sen. John Hoeven (R-ND) Delivers Weekly GOP Address On Keystone XL Pipeline


In the Weekly Republican Address, North Dakota Sen. John Hoeven discusses the Keystone XL pipeline and why it's "in the national interest and the interest of the American people." Sen. Hoeven says, "This new $7 billion, 1700-mile, high-tech transcontinental pipeline, the largest shovel-ready project in the country, would reduce our dependence on Middle East oil, help keep down the cost of energy for American consumers and businesses, and create thousands of jobs for American workers at a time when our nation so greatly needs them." He points out, "A week ago, newspapers across the country ran a story warning consumers that gasoline could rise to more than $4.00 a gallon this year. In the same week, we saw world markets react nervously to the standoff between the US and Iran in the Strait of Hormuz—through which one-third of the world's seaborne oil is now shipped. Combine all of this with growing global demand for oil, especially in China, and we have a recipe for dramatically higher energy prices and more personal hardship for working Americans. . . . Yet the President is saying 'no' to the Keystone XL pipeline, he's saying 'no' to a project that will bring more than 700000 barrels of oil a day from our friend and ally, Canada, and he's virtually assuring continued reliance on the Middle East. That makes no sense, and it's a matter of great concern for our national security, particularly with what's going on in Iran." Sen. Hoeven continues, "Last month the US Senate <b>...</b>

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