On the recordJanuary 13, 2015
I ask unanimous consent that reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To ensure that oil transported through the Keystone XL pipeline into the United States is used to reduce United States dependence on Middle Eastern oil) At the end of section 2, add the following: (f) Limitation.-- (1) In general.--Subject to paragraph (2), none of the crude oil and bitumen transported into the United States by the operation of the Keystone XL pipeline under the authority provided by subsection (a), and none of the refined petroleum fuel products originating from that crude oil or bitumen, may be exported from the United States. (2) Waivers authorized.--The President may waive the limitation described in paragraph (1) if-- (A) the President determines that a waiver is in the national interest because it-- (i) will not lead to an increase in domestic consumption of crude oil or refined petroleum products obtained from countries hostile to United States' interests or with political and economic instability that compromises energy supply security; (ii) will not lead to higher costs to refiners who purchase the crude oil than the refiners would pay for crude oil in the absence of the waiver; and (iii) will not lead to higher gasoline costs to consumers than consumers would pay in the absence of the waiver; (B) an exchange of crude oil or refined product provides for no net loss of crude oil or…
