Keystone XL Letter to President Obama

7/27/2019 Keystone XL Letter to President Obama

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October 9, 2013

President Barack ObamaThe White HouseWashington, DC

Dear Mr. President,

We write to express our strong support for the approval of the Keystone XL pipeline. Though werepresent a diverse group of industries, we share a common belief in the importance of thisproject to the broader American economy.

We are at an inflection point in our economic recovery. Whether economic growth will remainmodest or pick up speed will depend on maintaining investor confidence and strengthening

Americas competitiveness. The decision on Keystone XL will affect both.

Investor confidence is shaped heavily by perceptions of business climate whethergovernments take actions that enable capital investment and job growth. Studies by your

administration have demonstrated that construction of Keystone XL will directly result in theinvestment of $3.3 billion in the U.S. and support tens of thousands of American jobs, acrossdiversified sectors, which will in turn add billions of dollars to the national and regionaleconomies. Approving this investment will send a powerful signal of this Administrationscommitment to getting America back to work.

It would also enhance Americas competitiveness by helping to realize the long -standing goal ofincreased North American energy security, without spending a single dollar of U.S. governmentfunds. A strong, integrated energy distribution system that spans the continent promises to be acompetitive advantage for the United States for years to come. The flow of oil, gas andelectricity both north and south among the United States, Canada and Mexico directly benefits

Americans by creating efficiencies and reducing overall energy prices for households and

businesses. Plentiful, affordable energy could rejuvenate the U.S. industrial sector, andencourage investment.

We know your Administration is carefully considering the environmental risks associated withKeystone XL, as it should. Those risks, like those incumbent in many other significant projects,must and can be managed, through appropriate regulation and careful stewardship.Keystone XL will meet nearly 60 special conditions set by regulators to minimize risks, andultimately the net environmental impact of the pipeline would be minimal as was recognized inyour Administrations Draft Supplemental Environmental Impact Statement (SEIS).

We urge you to approve the construction of the Keystone XL pipeline to signal to the world thatthe necessary ingredients for a strengthened U.S. recovery are in place and bolster thefoundations of U.S. competitiveness and energy security.

Sincerely,


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Ajita RajendraChief Executive Officer

A. O. Smith Corporation

Joseph GingoChairman, President and

Chief Executive Officer

A. Schulman Inc.

Enrique SantacanaPresident and CEO

ABB Inc.

Kellie JohnsonPresident & CEO

ACE Clearwater Enterprises

Martin RichenhagenChairman, President and CEO

AGCO Corporation

John McGladeChairman, President and Chief Executive Officer

Air Products and Chemicals, Inc.

James L. WainscottChairman, President and CEO

AK Steel Corporation

Richard HarshmanChairman, President and CEO

Allegheny Technologies Incorporated

Hannah KainPresident and Chief Executive Officer

ALOM Technologies Corporation

Lee Styslinger, IIIChairman and CEO

Altec, Inc.

Nicholas K. AkinsPresident & CEO

American Electric Power

Al WalkerChairman, President and Chief Executive Officer

Anadarko Petroleum Corporation

Joe PuishysChief Executive Officer

Apogee Enterprises, Inc.

Michael RippeyPresident and Chief Executive Officer

ArcelorMittal USA

John EavesPresident and Chief Executive Officer

Arch Coal, Inc.

Randall StephensonChairman & CEO

AT&T Inc.

Dean A. ScarboroughChairman, President & Chief Executive Officer

Avery Dennison Corporation

John A. HayesChairman, President and CEOBall Corporation

Marijn E. DekkersChief Executive OfficerBayer AG

Tony RaimondoChairmanBehlen Mfg.Co.

William Belden, Jr.ChairmanThe Belden Brick Company

Martin SwarbrickPresident and Chief Executive OfficerBison Gear & Engineering

Laurence D. FinkChairman & CEOBlackRock

W. James McNerney, Jr.Chairman, President and CEOThe Boeing Company

James R. VerrierPresident and Chief Executive OfficerBorgWarner Inc.

Dustan McCoyChairman and Chief Executive OfficerBrunswick Corporation


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Charles WetheringtonPresidentBTE Technologies, Inc.

Ken JacobPresident and Chief Executive OfficerCajun Industries, LLC

Maurice R. GreenbergChairman and Chief Executive OfficerC. V. Starr & Co., Inc.

Gregory PageCEO and ChairmanCargill, Incorporated

Peter PerezPresidentCarter Products Company, Inc.

Richard J. TobinChief Executive OfficerCNH Industrial

Douglas R. OberhelmanChairman and Chief Executive OfficerCaterpillar Inc.

Stephen R. WilsonChairman, President and

Chief Executive Officer

CF Industries Holdings, Inc.

Lee A. McIntireChairman and CEOCH2M HILL

Walt BettingerPresident and CEOThe Charles Schwab Corporation

John S. WatsonChairman and Chief Executive OfficerChevron Corporation

Colin MarshallPresident & CEOCloud Peak Energy, Inc.

Rich LavinPresident and Chief Executive OfficerCommercial Vehicle Group, Inc.

Francis MalechaPresident and Chief Executive OfficerCompass Minerals International

Ryan M. LanceChairman and Chief Executive OfficerConocoPhillips

Mark MedleyPresident and Chief Executive OfficerControl Technology, Inc.

Douglas StotlarPresident & Chief Executive OfficerCon-way Inc.

Jeff EdwardsChairman, President and Chief Executive OfficerCooper Standard Automotive

Eric C. FastChief Executive OfficerCrane Co.

John ConwayChairman of the Board, President and CEOCrown Holdings, Inc.

J. Michael LawriePresident & CEOCSC

Aelred KurtenbachChairman of the BoardDaktronics, Inc.

H. Lawrence Culp, Jr.President and CEODanaher Corporation

Harold L. Yoh, IIIChairman & CEODay & Zimmermann

Samuel R. AllenChairman and Chief Executive OfficerDeere & Company

John RichelsPresident & CEODevon Energy Corporation


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Gerald LetendrePresidentDiamond Casting & Machine Co. Inc.

Andrew N. LiverisChairman & CEOThe Dow Chemical Company

James P. RogersChairman and Chief Executive OfficerEastman Chemical Company

Alexander M. CutlerChairman and CEOEaton

Douglas BakerChairman and Chief Executive OfficerEcolab Inc.

Al JenningsChairman and Chief Executive OfficerEFCO Corp.

Barry L. AllredChairman and Chief Executive OfficerElkins Constructors Inc.

David FarrChairman and Chief Executive OfficerEmerson

David F. MelcherChief Executive Officer and PresidentExelis Inc.

Rex W. TillersonChairman and CEOExxon Mobil Corporation

Jay BenderPresidentFalcon Plastics, Inc.

Michael HenekaPresident, Faurecia North AmericaFaurecia USA Holdings, Inc.

Richard WilkeyCEOFisher Barton, Inc.

David T. SeatonChairman and Chief Executive OfficerFluor Corporation

Richard C. AdkersonPresident, CEO & Vice ChairmanFreeport-McMoRan Copper & Gold Inc.

Maggie WilderotterChairman and CEOFrontier Communications

Jeffrey R. ImmeltChairman & CEOGE

Patrick J. McHalePresident and Chief Executive OfficerGraco, Inc.

Jim RyanChairman, President and CEOW.W. Grainger, Inc.

James H. RobertsPresident and Chief Executive OfficerGranite Construction, Inc.

Stephen ChipmanCEOGrant Thornton LLP

James OwensPresident and Chief Executive OfficerH.B. Fuller Company

William M. BrownPresident and Chief Executive OfficerHarris Corporation

Liam E. McGeeChairman, President and Chief Executive OfficerThe Hartford

Karla AaronPresidentHialeah Metal Spinning, Inc.

Hannes HunschofskyExecutive Vice President,

Global OperationsHoerbiger Compression Technology Holding


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David M. CoteChairman & Chief Executive OfficerHoneywell International

C. Michael PettersPresident & CEOHuntington Ingalls Industries

Michael LamachChairman and CEOIngersoll Rand Company

Michael I. RothChairman and CEOThe Interpublic Group

Kirk LiddellPresident & CEOIrex Corporation

Denise L. RamosChief Executive Officer and PresidentITT Corporation

Duncan GillisPresident and Chief Executive OfficerJohn Crane Group Corporation -

a division of Smiths Group PLC

Carlos CardosoChairman, President and Chief Executive Officer

Kennametal Inc.

Gage KentChairman and Chief Executive OfficerKent Corporation

Paul J. DiazChief Executive OfficerKindred Healthcare

John B. VeihmeyerChairman and CEOKPMG LLP

Flemming BjoernslevPresident and CEOLanxess Corporation

Denton J. NordhuesPresidentLeeco Steel Products Inc.

Christopher MapesPresident and Chief Executive OfficerLincoln Electric Holdings, Inc.

Ed AuslanderPresident and Chief Executive OfficerLORD Corporation

Jim GalloglyChief Executive OfficerLyondellBasell Industries

Glen E. TellockChairman, President and Chief Executive OfficerThe Manitowoc Company, Inc.

Clarence P. Cazalot, Jr.Executive ChairmanMarathon Oil Corporation

Gary R. HemingerPresident and Chief Executive OfficerMarathon Petroleum Corporation

Drew GreenblattPresident & OwnerMarlin Steel Wire Products LLC

C. Howard NyePresident & Chief Executive OfficerMartin Marietta Materials, Inc.

Susan MarvinPresidentMarvin Windows and Doors

Timothy WadhamsChief Executive OfficerMasco Corporation

Al LubranoPresidentMaterion Technical Materials

Stephen M. JohnsonChairman of the Board, President & CEOMcDermott International, Inc.

John LukeChairman and Chief Executive OfficerMeadWestvaco


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Mark A. MurrayCo-CEO and Vice ChairmanMeijer

Ike EvansChairman, CEO and PresidentMeritor, Inc.

William LambertChairman, President and CEOMine Safety Appliances Company

Michael A. DeColaChief Executive OfficerMississippi Lime Company

Thomas BurkePresident and Chief Executive OfficerModine Manufacturing Company

Craig MorrisonChairman, President and Chief Executive OfficerMomentive Performance Materials Holdings LLC

Greg BrownChairman and CEOMotorola Solutions Inc.

John OrrPresident and Chief Executive OfficerMyers Industries, Inc.

Thomas C. NelsonChairman, President & CEONational Gypsum Company

George MartinPresident and Chief Executive OfficerNewPage Corporation

Jim RoboPresident and CEONextEra Energy, Inc.

Michael HiltonPresident and Chief Executive OfficerNordson Corporation

Mark S. ToweChief Executive OfficerOldcastle, Inc.

Arnaud de WeertPresident, O-I North AmericaOwens-Illinois, Inc.

Roy PaulsonPresidentPaulson Manufacturing Corporation

Gregory H. BoyceChairman and CEOPeabody Energy

Art E. FavrePresidentPerformance Contractors, Inc.

Bruce E. GrewcockChairman and CEOPeter Kiewit Sons', Inc.

Greg C. GarlandChairman and Chief Executive OfficerPhillips 66

Stephen NewlinChairman, President and Chief Executive OfficerPolyOne Corporation

Dyke MessingerPresident and Chief Executive OfficerPower Curbers, Inc.

Charles BunchChairman and CEOPPG Industries Inc.

Dennis M. NallyChairmanPricewaterhouseCoopers International Limited

Thomas J. Quinlan, IIIPresident & Chief Executive OfficerR. R. Donnelley

Richard A. SmithChairman, Chief Executive Officer and PresidentRealogy Holding Corp.

Jay PittasPresident and Chief Executive OfficerRemy International


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James RubrightChairman and Chief Executive OfficerRockTenn

Keith NosbuschChairman and Chief Executive OfficerRockwell Automation

Robert SanchezPresident and Chief Executive OfficerRyder System, Inc.

John CrowePresident and CEOSaint-Gobain and Certainteed Corporations

Christopher A. ViehbacherChief Executive OfficerSanofi

William DempseyPresident & COOSargent & Greenleaf, Inc.

James H. GoodnightCEOSAS

Tamara LundgrenPresident & CEOSchnitzer Steel Industries, Inc.

Marvin OdumPresidentShell Oil Company

Eric SpiegelPresident & CEOSiemens

Wes LucasCEOSIRVA

Poul JeppesenPresident and CEOSKF USA Inc.

Nicholas PinchukChairman and Chief Executive OfficerSnap-on Incorporated

Charles SchmittPresidentSSAB Americas

John F. LundgrenChairman and Chief Executive OfficerStanley Black & Decker, Inc.

James P. HackettVice Chair & CEOSteelcase Inc.

Walter RosebroughPresident and Chief Executive OfficerSTERIS Corporation

John FishChairman & CEOSuffolk Construction

Stewart McMillanPresidentTask Force Tips, Inc.

Gregg SherrillChairman and Chief Executive OfficerTenneco Inc.

Ronald DeFeoChairman and Chief Executive OfficerTerex Corporation

Scott C. DonnellyChairman and CEOTextron Inc.

Ward Timken, Jr.Chairman of the BoardThe Timken Company

Jerry SpeyerChairman and Co-CEOTishman Speyer

Jay S. FishmanChairman and Chief Executive OfficerThe Travelers Companies, Inc.

Michael BattenChairman and Chief Executive OfficerTwin Disc, Incorporated


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George R. OliverChief Executive OfficerTyco

Mario LonghiPresident and CEOUnited States Steel Corporation

Louis ChnevertChairman & Chief Executive OfficerUnited Technologies Corporation

Alan B. MillerChairman and CEOUniversal Health Services, Inc.

James MetcalfChairman, President and Chief Executive OfficerUSG Corporation

Mary AndringaPresident and Chief Executive OfficerVermeer Corporation

Dennis SlagleExecutive Vice President, Volvo Group Trucks

Sales and Marketing AmericasVolvo Group North America

David SteinerPresident and Chief Executive OfficerWaste Management

John J. EngelChairman, President and Chief Executive OfficerWESCO International, Inc.

John F. BarrettChairman, President & Chief Executive OfficerWestern & Southern Financial Group

Alan S. ArmstrongPresident & CEOThe Williams Companies, Inc.

Della WilliamsPresident & Chief Executive OfficerWilliams-Pyro, Inc.

Bruce PulkkinenChief Executive OfficerWindham Millwork, Inc.

Stephen P. HolmesChairman & CEOWyndham Worldwide Corporation

Documents

Keystone XL Letter to President Obama