Returning some money on the Koch investment?
Oil pipelines! U.S. Senator Joni Ernst says she is “thrilled” with Donald Trump’s action to advance the Keystone XL and Dakota Access pipelines. Well, good for her. Looks like Iowa sent her to Washington to represent herself.
Ernst, who was an original cosponsor to the bipartisan Keystone XL Pipeline Act, says the Obama administration acted above the law and she believes, “The United States can responsibly take advantage of its abundant natural resources while also emphasizing conservation.” She added that the pipelines will create middle-class jobs and bring America one step closer to energy independence.
The Keystone XL pipeline would carry an estimated 830,000 barrels of oil a day from Alberta, Canada to refineries on the U.S. Gulf Coast. The 1,172 mile Dakota Access pipeline will carry approximately 470,000 barrels of crude oil per day from the Bakken oil fields in North Dakota across South Dakota and Iowa to southern Illinois.