Background Paper on Keystone XL Pipeline Project

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Background

The State Department is responsible for issuing “presidential permits” for cross-border pipelines. In the past, such as the case with Enbridge’s Alberta Clipper pipeline, permits have been granted with little or no controversy. National oil sands opponents, however, are pressuring the State Department to oppose the proposed Keystone XL pipeline, and are leveraging local and regional residents along its intended route to oppose the project based on unrelated issues such as eminent domain and potential impact to aquifers.

Potential Impact of Regulation

The Keystone XL pipeline would ensure a safe and reliable supply of Canadian crude to U.S. refineries in the Gulf region – critical for ensuring U.S. energy security. Currently, only refineries in the Midwest and Rocky Mountain regions rely heavily on Canadian crude. The United States should resist policies that arbitrarily limit any economic supply sources (particularly secure North American sources) to the detriment of our energy supply and security, and our global economic competitiveness. Measures restricting the use of oil sands products would not likely limit oil sands production (and corresponding emissions), but simply cause such output to be diverted to more distant markets, with potentially even greater overall emissions.

Action Needed

The State Department should expeditiously approve the presidential permit to allow the Keystone XL pipeline project to move forward.

Please note: This document is current only as of the date listed above.

Date	Title	Description
04/10/2013	Background Paper on Conflict Minerals Disclosure Rule	Section 1502 of the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) directs the U.S. Securities and Exchange Commission (SEC) to promulgate regulations regarding the use of conflict minerals from the Democratic Republic of Congo (DRC) and adjoining countries.
04/10/2013	Taking Action on Immigration	The time has come for realistic immigration solutions that will both strengthen national security and boost economic growth. America needs an immigration system that places more resources toward enforcement of laws, produces a more dynamic and skilled labor force, and enables U.S. businesses and workers to compete more effectively in the global marketplace. Getting reform right is essential to a healthier economy — accelerating growth, encouraging hiring and creating jobs.
04/09/2013	Reauthorization of the Workforce Investment Act	As Congress moves forward with the long-overdue reauthorization of the Workforce Investment Act (WIA), Business Roundtable encourages policymakers to embrace the following principles to ensure a far more effective and efficient workforce investment system in this nation.
04/08/2013	Background Paper on OTC Derivatives End-User Exemption	Regulations implementing “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) provisions that impact end-users of derivatives need to be carefully tailored so that they do not disrupt risk-management practices that pose no systemic risk to the economy.
03/04/2013	Background Paper on Keystone XL Pipeline Project	The State Department is responsible for issuing “presidential permits” for cross-border pipelines. In the past, such as the case with Enbridge’s Alberta Clipper pipeline, permits have been granted with little or no controversy.
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Date

Title

Description

04/10/2013

Background Paper on Conflict Minerals Disclosure Rule

Section 1502 of the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) directs the U.S. Securities and Exchange Commission (SEC) to promulgate regulations regarding the use of conflict minerals from the Democratic Republic of Congo (DRC) and adjoining countries.

04/10/2013

Taking Action on Immigration

The time has come for realistic immigration solutions that will both strengthen national security and boost economic growth. America needs an immigration system that places more resources toward enforcement of laws, produces a more dynamic and skilled labor force, and enables U.S. businesses and workers to compete more effectively in the global marketplace. Getting reform right is essential to a healthier economy — accelerating growth, encouraging hiring and creating jobs.

04/09/2013

Reauthorization of the Workforce Investment Act

As Congress moves forward with the long-overdue reauthorization of the Workforce Investment Act (WIA), Business Roundtable encourages policymakers to embrace the following principles to ensure a far more effective and efficient workforce investment system in this nation.

04/08/2013

Background Paper on OTC Derivatives End-User Exemption

Regulations implementing “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) provisions that impact end-users of derivatives need to be carefully tailored so that they do not disrupt risk-management practices that pose no systemic risk to the economy.