FOR IMMEDIATE RELEASE Contact: Luke Legate Phone: 512-775-9400
Obama Administration’s Denial of Permit Is Bad News for Manufacturing Sector
“President Obama’s move to deny the Keystone XL permit is an unfortunate action with far ranging consequences. For working families, the completion of the Keystone XL pipeline would enhance our nation’s energy security, bring the U.S. safe energy from a reliable trading partner, and create jobs across the state and the nation in manufacturing, energy and the service sectors.
“Affordable, reliable energy is a top priority for Texas manufacturers and a major contributor to future job growth. Manufacturing jobs are among the state’s best paying jobs and state and federal leaders should be looking to advance policy that creates jobs and encourages private investment in energy and infrastructure.
“We hope that the project can be quickly saved, and we’re heartened to learn that TransCanada intends to press ahead with another application for a permit. Texas manufacturers hope this next time, the decision is one that sides with our country’s job creators.
“At the upcoming 2012 Manufacturers Summit on February 14 – 15, we’ll turn a critical eye to the energy needs for the manufacturing sector, and the Keystone XL project will be an integral part of our policy discussions.”
The Texas Association of Manufacturers (TAM) represents over 400 large and small companies from every manufacturing sector, employing more than 838,000 Texans with an average compensation of $79,000 a year (the highest in the private sector). Texas Association of Manufacturers is online at www.manufacturetexas.org. Join TAM on Facebook.com/TXManufacturers.
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