pipeline. greatest technology known to man or woman. and frankly we re very proud of it. russ gerling the president of transcanada is right behind me and he ll say a few words. i know russ, you ve been waiting for a long time and i hope you don t pay your consultants anything because they didn t have to do with the approval in fact you should ask for the millions back because they didn t do a thing. it s a great day for american jobs and historic moment for north america and energy independence. this announcement is part of a new era of american energy policy and reduce dependence on foreign oil and increase jobs in america and i think it s safer to have lines than use other forms of transportation for your
push us to build a pipeline. it s the right thing to do. it takes a lot of nerve for a ceo of a multinational corporation to announce to the american people and the president of the united states to tell the president of the united states what is going to happen. now, someone i think should inform mr. gerling he doesn t run the country. the people do. the president of the united states alone has the choice. also he took slams at critics saying that the pipeline that they say that the canadian oil sands is like the largest carbon bomb in the world. it s pure fabrication. it s meant to scare annen inf m uninformed public. this this is the stuff these guys are throwing out across the world. i wonder if he would want it running through his backyard. i guess not. here is the bottom line. president obama is expected to make a decision before the
committed to additional actions to reduce carbon emissions further. on friday, he told me and president obama, he says if the president says no to the pipeline, he s going to be saying yes to greenhouse gases. what it if the president says no to this, what does this do to diplomatic relations with canada? first of all, if the president says no, he s saying yes to higher greenhouse gases because the oil is coming down whether anybody likes it or not on rail. so it will either come down on rail, on truck or it will be barged. okay? all right. meanwhile, trans canada ceo russ gerling is telling the president of the united states basically what to do. at an energy event in houston, he said it is the next pipeline that is going to be built. the marketplace continues to
elevations. the rain mixed with snow to create hail-like pellets. it was raining and all of the sudden, i ll like it looks like bullets coming at you, and i m like what? is it snows? snowing? pat pat the temperatures are 12 degrees cooler than normal. bill: there s a canadian company proposing a shorter oil pipeline. remember, president obama blocking the controversial keystone pipeline from moving forward. but the new project will go from oklahoma, straight through texas, into the gulf of mexico. this time, no presidential approval is needed since it does not cross a u.s. border. russ gerling is president and ceo of transcanada, we re honored to him to have him on, the company building the pipeline. welcome to america s newsroom . thank you for having me. bill: what did the denial of the keystone project do to the price of gasoline for consumers in america, do you