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Published: March 20, 2012

America’s CEOs Urge President Obama to Approve Keystone XL

The Bottom Line - March 20, 2012

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On behalf of the CEO members of the Business Roundtable (BRT), President John Engler sent separate letters this week to President Obama and all Members of Congress expressing BRT’s strong support for the Keystone XL pipeline extension. 

Approval to extend the Keystone XL pipeline:

  • Could directly create 20,000 new U.S. jobs in the near term;
  • Could – by aiding in the responsible development of Canadian oil sands – contribute to the creation of an additional 500,000 U.S. jobs by 2035; and
  • Enjoys the support of U.S. Governors along the pipeline’s route, major labor unions and a bipartisan majority of U.S. Senators.

Creating jobs, driving economic growth and boosting U.S. energy security should be an easy decision to make.

Click here to read the letter to President Obama.

Click here to read the letter to Congress. 

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with over $6 trillion in annual revenues and more than 14 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $150 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay $163 billion in dividends to shareholders and generate an estimated $420 billion in sales for small and medium-sized businesses annually.

BRT companies give nearly $9 billion a year in combined charitable contributions.

Please visit us at www.brt.org, check us out on Facebook and LinkedIn, and follow us on Twitter.

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