API: Keystone XL Delay Shows Lack of Leadership on Energy


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[STK]

[IN] OIL UTI

[SU] LEG EXE ECO LBR

TO ENERGY, AND NATIONAL EDITORS:

API: Keystone XL Delay Shows Lack of Leadership on Energy

WASHINGTON, April 18, 2014 /PRNewswire-USNewswire/ -- The White House

move to further the delay a decision on the Keystone XL pipeline after

almost six years of exhaustive review is not in our national interest

and Congress should act, API President and CEO Jack Gerard said today.

"It's a sad day for America's workers when politics trumps job

creating policy at the White House," said Gerard. "After nearly six

years of review, repeated research on the pipeline's benefits to

economic security and job growth, numerous studies confirming no

significant environmental impacts, with the backing of organized

labor, and poll after poll showing the support of American voters - if

the White House lacks the political leadership to make a decision, we

call on Congress to represent the will of the people and act.

"Strong majorities in the House and the Senate have publicly called

for Keystone XL's approval. Now they have a chance to show the voters

they are ready to put job creation, economic growth, and our country's

energy security first.

"It's ironic that Vice President Biden is promoting pipeline

development in response to the Ukrainian crisis, while the

administration cannot make a decision on one of our own."

API represents all segments of America's oil and natural gas industry.

Its more than 600 members produce, process, and distribute most of the

nation's energy. The industry also supports 9.8 million U.S. jobs and

8 percent of the U.S. economy.

SOURCE American Petroleum Institute

-0- 04/18/2014

/CONTACT: Reid Porter | 202.682.8114 | porterr@api.org

/Web Site: http://www.api.org

CO: American Petroleum Institute

ST: District of Columbia

IN: OIL UTI

SU: LEG EXE ECO LBR

PRN

-- DC08570 --

0000 04/18/2014 19:14:00 EDT http://www.prnewswire.com

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