NEW YORK The
House Energy and Power Subcommittee advanced a bill expediting
the cross-border approval of oil and gas pipelines by a 19-10
vote Nov. 20.
"Under this bill, a
500-mile pipeline or a transmission line carrying new hydro
from Canada or solar from Arizona that extends across the
Canadian or Mexican border would be subject to the same
regulatory scrutiny as a similar project that remained within
the boundaries of the United States," House Energy and Commerce
Committee chairman Frederick Upton (R., Mich.) said in a
The bill was put forth
in October (
amm.com, Oct. 23).
passed a bill Nov. 21 that eases the approval process for
interstate gas pipelines (
amm.com, July 10) by a bipartisan vote of
groups voiced support for the bill.
Association of Manufacturers supports (the bill) because it
will strengthen our energy infrastructure, encouraging the
cost-effective use of natural gas as part of an
all-of-the-above energy policy that will fuel a
manufacturing resurgence," the group said.
"Between now and 2035,
IHS Global Insight (Inc.) estimates that more than $3 trillion
in investments in unconventional gas are expected to be
developed. This investment would create upwards of 2.4 million
jobs and generate roughly $1.5 trillion in federal, state and
local tax revenue by 2015. ... The financial impact that
natural gas pipeline projects have on our economy is too great
to be held down by the current approval process" the
Laborers International Union of North America said.