Toddsterpatriot
Diamond Member
The $5.3-billion Keystone XL Pipeline Project is the largest infrastructure project currently proposed in the United States. Construction of the 1,179-mile pipeline will require 9,000 skilled American workers. The project will provide jobs for welders, mechanics, electricians, pipefitters, laborers, safety coordinators, heavy equipment operators and other workers who rely on large construction projects for their livelihoods.
In addition to construction jobs, an estimated 7,000 U.S. jobs are being supported in manufacturing the steel pipe and the thousands of fittings, valves, pumps and control devices required for a major oil pipeline.
TransCanada has contracts with more than 50 suppliers across the U.S., including companies in Texas, Missouri, Pennsylvania, Michigan, Oklahoma, South Carolina, Indiana, Georgia, Maryland, New York, Louisiana, Oklahoma, Minnesota, Ohio, Arkansas, Kansas, California and Pennsylvania.
TransCanada employed 4,844 Americans in Oklahoma and Texas on construction of the $2.3-billion Gulf Coast Pipeline Project, which is expected to be complete by the end of this year.
Construction and development of the Keystone XL and Gulf Coast Pipeline Projects is anticipated to generate $20 billion in economic impact in the United States, including $99 million in local government revenues and $486 million in state government revenues during construction.
The pipelines will also generate an estimated $5 billion in additional property taxes during their operational life.
The Canadian Energy Research Institute predicts that Keystone XL will add $172 billion to America’s gross domestic product by 2035 and will create an additional 1.8 million person-years of employment in the United States over the next 22 years.
Way more at link.
Jobs Economic Benefits Keystone XL Pipeline
Hooray.....thousands of temporary unsustainable jobs. Another victory for the American people.
Hooray.....thousands of temporary unsustainable jobs.
Kinda like the Obama "stimulus".
Only this one will generate revenue for the government, instead of wasting hundreds of billions.