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Megyn: new fireworks in the debate over building an oil pipeline from canada to the bull of mexico. supporters argue the pipeline will bring a steady supply of oil from a friendly ally, but critics fear it could cause environmental problems. the president has been trying to shelf a decision on this project until after the election, but my next guest is warning there will be a political price to pay if this thing does not go forward. jack gerard is president of the american petroleum institute, that is the nation's largest lobbying group on behalf of oil and gas industries. thank you so much, j...

Now they've been force today make a decision too soon. >> well, two important things to consider, megyn. first, the provision passed by the congress had broad bipartisan support. when this bill originally went through the house of representatives, 47 democrats supported it. so this isn't a republican issue. secondly, the legislation itself says, mr. president, your sole determination is to say whether this is in the national interest or not. the environmental considerations have been studied for over three years, and the conclusion after two comprehensive study is the this will not have signif...

In a tough position in having to disappoint one of two important groups, and some political ab lists have come on the show and said he chose to go with the environmentalists for now by delaying a decision on the project because he believes the unions are going to get out there no matter what, whether he says no to it or yes to it, and i guess he's more worried -- according to these analysts that have come on the show. in any event, what is your group going to do, if anything, if president chooses not to have this approved through his state d.? >> well, megyn, we're very actively involved, we'r...

Not. signed an executive order to close down guantanamo within a year. one of the first executive orders he signed. something he talked about incessantly on the campaign trail. it was a big, big part of his appeal. it was a big part of his campaign, and it's all by gone now and in fact the announcement happened to come on the same day he announced that he was running for re-election so in some ways he stepped on his own story. clearly eric holder, his attorney general was not happy at having to make that announcement. the reality is that reality intervened at a time when it was -- we had to so...

Not. signed an executive order to close down guantanamo within a year. one of the first executive orders he signed. something he talked about incessantly on the campaign trail. it was a big, big part of his appeal. it was a big part of his campaign, and it's all by gone now and in fact the announcement happened to come on the same day he announced that he was running for re-election so in some ways he stepped on his own story. clearly eric holder, his attorney general was not happy at having to make that announcement. the reality is that reality intervened at a time when it was -- we had to so...