Premier Prentice statement on President Obama’s decision to veto Keystone XL legislation

Premier Jim Prentice issued the following statement after U.S. President Barack Obama vetoed legislation that would have approved the Keystone XL pipeline:

“I am disappointed but not surprised that President Obama chose to veto bipartisan legislation that would have approved the Keystone XL pipeline.

“While today’s decision was expected, it does not change the fact that Keystone XL would advance North American energy security and prosperity while offering the U.S. access to responsibly developed energy from a close ally and friend.

“Our commitment to responsible energy development is steadfast, and our environmental standards are much greater than those of other countries that send their oil to the U.S. market every day. Alberta is the only major supplier of oil to the U.S. with a price on carbon.

“Canadian and American producers have long adjusted their plans and have been successful delivering additional barrels to the U.S. market through other pipelines and rail options. As a result, our crude exports to the U.S. are forecast to increase this year.

“The debate will continue and, just as I did during my recent visit to Washington, I will continue to communicate Alberta’s record as a safe, secure and reliable energy supplier, and our strong support for Keystone XL and for all infrastructure projects that advance North America’s energy interests.”