On the recordFebruary 15, 2012
I yield myself 2 minutes. Mr. Chairman, we're here today because it's time to decide. President Obama and his administration have made a decision not to decide, even though his own Secretary of State, in their final economic environmental impact statement, made the decision that if you looked at two options--one, build the pipeline, or two, not build the pipeline-- the preferable route was to build the pipeline; 1 million more barrels of oil a day coming to America, ultimately. We're facing ever- increasing gasoline prices. There's only 60 miles at issue at all in this pipeline out of 1,700. Five major labor unions support this pipeline. There's not one dime of Federal dollars in this pipeline, unlike the millions and billions that this administration have given to wind power and solar power and battery companies--many of which are in bankruptcy, just like Solyndra, which received $538 million from the taxpayers of America. This is a private company willing to put in $7 billion to bring 100,000 more barrels of oil a day, willing to provide 20,000 additional jobs to construct this pipeline. So I think the decision here is very easy for the American people, and that's what Mr. Terry's legislation does. Since the President won't make a decision, Mr. Terry directs the Federal Energy Regulatory Commission to make the decision. We have all of the data necessary. It's the right decision to make. Mr. Chairman, I yield back the balance of my time. The CHAIR.…
