Hoeven: Keystone Pipeline Will Add Thousands of Jobs, Reduce Oil DependenceGRAND FORKS (WDAZ-TV) - North Dakota Senator John Hoeven believes he has one solution to dig the nation out of debt and create thousands of jobs.
By: Stacie Van Dyke, WDAZ
GRAND FORKS (WDAZ-TV) - North Dakota Senator John Hoeven believes he has one solution to dig the nation out of debt and create thousands of jobs.
Hoeven believes the answer to the debt crisis is the Keystone XL Pipeline.
He says the pipeline would reduce our dependence on oil from the Middle East and provide better environmental stewardship.
Legislation for the pipeline had been previously stalled by President Obama until after the election next year, but Republicans have tacked a provision on to their payroll tax cut bill that would force the administration to decide whether to allow construction of the keystone XL Pipeline within 60 days.
Hoeven stressed the impact of the expansion on people of North Dakota.
"We've got to get the national economy growing to reduce our national deficit and debt. That affects every one of us here in North Dakota, and not only us but our kids. We don't want to hand off a debt to our kids in the future, so this affects us very dramatically," Hoeven said.
This project will more than double the current pipeline's capacity, bringing more than a million barrels into the U.S. each day and creating over 100,000 American jobs, many of which will be in North Dakota.
With the added provision on the tax cut bill, Hoeven says they're expecting to have results next month.