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Keystone: First Step to an Energy Strategy

To the Editor:

Your March 27 editorial, "The Keystone Converts," notes the emergence of a bipartisan consensus on approving the Keystone XL pipeline extension that will deliver an estimated 700,000 barrels a day of new North American oil supplies to U.S. Gulf Coast refineries. Building the pipeline extension will directly employ up to 6,000 workers. The oil it will deliver could result in as many as 85,000 new jobs between now and 2035. There is strong consensus, too, among Business Roundtable members that Keystone should be approved without delay. Led by Dave Cote of Honeywell, our CEOs spent the better part of the year examining U.S. energy policy. Their conclusion? There is no strategy, and the U.S. is missing important opportunities. Chief among their recommendations is for the U.S. government to expand access to North American energy supplies, including by approving Keystone.

America's CEOs agree with the Journal. It's time for Keystone, and it's time for an energy strategy for America's future.

John Engler

President

Business Roundtable

Washington

A version of this article appeared April 3, 2013, on page A16 in the U.S. edition of The Wall Street Journal, with the headline: Keystone: First Step To an Energy Strategy.

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