U.S. Chamber of Commerce president shares views on Keystone XL pipeline approval

U.S. Chamber President Thomas Donohue said the pipeline approval will build investor confidence.
U.S. Chamber President Thomas Donohue said the pipeline approval will build investor confidence. | Contributed
The U.S. Chamber of Commerce President and CEO Thomas Donohue commented on the recent approval of the Keystone XL pipeline.

Donohue spoke on the wait that the pipeline has gone through and commended President Donald Trump on his decision, listing many of the benefits to come from it.

"This pipeline, and countless other projects around the nation, will improve America’s energy security, create jobs and help get the economy back on track," Donohue said.

Donohue also touched on the "negative impact" of the Obama administration's failure to approve the pipeline.

"It sent a message outside our borders that the United States was no longer open to investment and that the long-established process for reviewing these kinds of projects could be thrown out the window when it is politically convenient," Donohue said.

Donohue also stated that the recent approval would help build confidence in investors and allies as well as indicate the political changes that have taken place in Washington, D.C.

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U.S. Chamber of Commerce

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