By Miriam Raftery
November 6, 2015 (Washington D.C.) -- Today, President Barack Obama announced that after six years of review, the U.S. State Department has decided that the Keystone XL Pipeline “would not serve the national interest of the United States. I agree with that decision,” the President said.
Obama indicated that the pipeline would be “neither a silver bullet for the economy, as was promised by some, nor the express lane to climate disaster proclaimed by others.” He then laid out key reasons why his administration has rejected the pipeline.
First, he indicated, “The pipeline would not make a meaningful long-term contribution to our economy…What we should be doing is passing a bipartisan infrastructure plan that, in the short term, would create more than 30 times as many jobs per year as the pipeline would, and in the long run, would benefit our economy and our workers for decades to come.”