Continued advocacy and enthusiasm for Keystone XL highlights that the project remains a critical infrastructure project for the economic strength and energy security of the United States and Canada.
As we progress through the Nebraska Public Service Commission’s process, we are reminded of the strong support of the many groups that want to build this pipeline, including the skilled trades, landowners, elected officials and emergency responders. Below are five key reasons to support the construction of the Keystone XL Pipeline.
The project will drive job creation. Keystone XL would put thousands of hard-working American men and women directly to work with well-paying jobs. Creating jobs in each of the states that it would cross:
Additionally, the project would support more than 42,000 direct and indirect jobs nationwide.
Keystone XL will result in millions of dollars in economic growth for North America, including more than $3 billion towards U.S. GDP. It will also create significant property tax revenues paid by the project, which will greatly benefit the towns and counties it passes through. To give you an idea, the Nebraska Department of Environment and Quality (NDEQ) showed that in Nebraska alone, the project would create approximately $12 million in annual property taxes. This means millions of dollars flowing into county budgets helping to keep property taxes down and fund projects such as roads, bridges and libraries.
The project will be a critical component to strengthening America’s energy infrastructure, connecting U.S. and Canadian oil reserves to existing and new markets. Further, it will increase North America’s long-term energy security through the delivery of safe, secure and stable crude oil. This is key to ensuring that North America has a reliable source of the energy we need to fuel our lives each day.
Keystone XL will uphold its strong commitment to the environment. The State Department’s Final Supplemental Environmental Impact Statement (Final SEIS), and four previous environmental impact statements, containing more than 20,000 pages of scientific research, all reached a similar conclusion: Keystone XL would have minimal impact on the environment. Pipelines are the safest and least GHG intensive way to transport oil. In fact, the Final SEIS of the project undertook an extensive review of the GHG emissions and concluded the project indisputably passed the test.
Learn more about pipelines and climate change, as well as how TransCanada is investing in a balanced energy future.
It has been well-established that pipelines are, by far, the safest mode of transportation for crude oil and natural gas. The State Department environmental impact reports have concluded that Keystone XL would have a degree of safety greater than any other crude oil pipeline in operation in the U.S. That’s because we’ve agreed to 59 additional special safety conditions that go above and beyond federal regulations such as burying the pipe deeper in the ground, adding more automatic shut off valves and increasing inspections. Crude oil needs to move from wells to the refineries. We have the responsibility to do that in the safest and most efficient way possible, no compromises.