Jack Gerard, CEO of the American Petroleum Institute, says President Barack Obama is “factually incorrect” to say that the Keystone XL Pipeline will not benefit Americans.
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At the press conference in Washington Tuesday, CNSNews.com asked Gerard about Obama’s remarks in November about the pipeline, which, if approved, would transport crude oil from Canada and from two U.S. states to refineries on the Gulf Coast.

Obama said at the time that the pipeline would only benefit Canada and would not have any impact on domestic gasoline prices.