EMA Urges President Biden To Reconsider Keystone XL And To Grant Jones Act Waiver
In response to the Russia’s invasion of Ukraine, EMA sent a letter to President Biden seeking greater energy independence.
The letter urges the President to reconsider his position regarding the cancellation of the Keystone XL Pipeline (KXL).
KXL is important for American fuel independence, and even more so now with Russia’s invasion of Ukraine.
KXL provides a permanent solution towards American energy independence as it would transport up to 830,000 barrels of energy products per day, while also generating $2 billion in earnings for American workers and millions of dollars in property and income taxes through every year of operation.
EMA also encouraged the President to consider temporarily waiving the Jones Act to accelerate domestic energy product shipments from the Gulf Coast to terminals on the East Coast using foreign-flagged ships.
The Jones Act requires that all goods transported between U.S. ports be carried in U.S. owned ships, built and registered in the U.S., and staffed by U.S. citizens.
The Jones Act has been temporarily waived in the past to alleviate supply issues.
