Keystone XL Pipeline Act

Floor Speech

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Mr. MARKEY. The amendment offered by the Senator from Texas is
drafted so broadly that it allows just about every nation which is a
member of the World Trade Organization to automatically receive natural
gas exported from the United States of America. The process is just
eliminated--automatic.

What will that do? No. 1, it will increase prices to American
consumers. The Energy Information Agency has already determined that
the LNG export facilities already approved are going to lead to a 50-
percent increase in the price of natural gas here in America. It would
jeopardize American manufacturing which has seen 700,000 new jobs
created in the last 5 years in America largely because of low-priced
natural gas. It is going to increase carbon pollution because it is
going to slow the pace of change from coal over to natural gas in the
generation of electricity. It is going to undermine our trade
negotiations because it is all going to be given away here on the
Senate floor. And, finally, it is going to harm our national security,
because if we converted one-third of our trucks and buses, it backs out
all the oil that we import from the Persian Gulf by using natural gas
in American vehicles. We are going to ship jobs along with that gas
going overseas. I urge a ``no'' vote on the Cruz amendment.

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