Published TAM Letter to Editor - Corpus Christi Caller-Times: Pipeline rejection a blow to Texas

Corpus Christi Caller-Times
Pipeline rejection a blow to Texas
January 24, 2012
http://www.caller.com/news/2012/jan/24/no-headline---letters_tues_0124/

Re: "Editorial: Obama made wrong decision on Keystone pipeline" (Jan. 20)

To say President Barack Obama's decision to nix the Keystone XL pipeline was wrong is an understatement. Indeed, as the Caller-Times editorial board suggests, the Keystone pipeline "is remarkable for its economic and geopolitical potential." It's troubling to see the administration reject the pipeline, robbing eager workers of jobs and ensuring the U.S. remains far too dependent on foreign oil from hostile sources.

Rejecting the pipeline is a blow to Texas on a number of fronts, including manufacturing which anchors the Texas economy. Keystone XL pipeline would create thousands of new manufacturing, energy and service sector jobs. The pipeline would also contribute a significant stream of revenue for the state at a time when budgets remain tight. Affordable, reliable energy — that Keystone XL would have provided — also is a top priority for Texas manufacturers and a major contributor to future job growth.

Washington should be looking to advance policy that creates jobs and encourages private investment in energy and infrastructure, not stifle it.

For working families, the completion of the Keystone XL pipeline would enhance our nation's energy security, bring the U.S. safe energy from a reliable trading partner and create jobs across the state and the nation. It's a shame the president doesn't see it that way.

Fred Shannon, Texas Association of Manufacturers chairman