Energy Policy & Government

House Passes Pipeline Bill to Ease Path for More Keystones

Crew work on construction of the TransCanada Keystone XL Pipeline near Winona, Texas. (Courtesy: Sarah A. Miller, The Tyler Morning Telegraph)

Source: Bloomberg.com.

House Republicans moved to make it easier to build pipelines from Mexico or Canada, as they sought to prevent a repeat of President Barack Obama’s drawn out rejection of the Keystone XL pipeline.

The requirement for a presidential permit for pipelines that cross U.S. international borders would be eliminated under the legislation, which was approved by a vote of 254-175 in the House of Representatives. Senate approval is still required before the bill can go to President Donald Trump’s desk, and it faces longer odds there.

“More pipelines need to be built to bring natural gas and oil from where it is produced to the consumers,” House Speaker Paul Ryan said in a statement before the vote.

Obama’s rejection of TransCanada Corp.’s Keystone project, as well as Energy Transfer Partners LP’s Dakota Access Pipeline are “the poster children of this problem,” Ryan said. Both projects were approved by Trump after he took office.

Read the full story at Bloomberg.com.

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