New details were released by TransCanada today on the potential job creation that awaits once the Keystone XL pipeline is approved. The data shows that the pipeline will create 20,000 jobs – 7,000 specific to manufacturing.
December’s employment report showed a lower unemployment rate of 8.5 percent. While this is good news, it does not restore the certainty that Americans need. The Keystone XL pipeline is the key to a national energy plan that strives for affordable, reliable and secure energy.
TransCanada boasts the residual effect of the pipeline.
“Hundreds of jobs will be created through requirements for fuel, coating materials, welding supplies, concrete materials, geo-textile materials, pipeline weights, native seed materials for reclamation, cathodic protection materials, crushed rock, sediment barrier materials, valve and pigging assemblies, field trailer manufacturing, construction mats, power facility materials, aggregate manufacturing, road construction materials, water and waste facility manufacturing, fencing materials, communication infrastructure, bridge construction materials and many others.”
The ball is now in President Obama’s court. Congress gave President Obama 60 days to deny that the Keystone XL pipeline is in our nation’s best interest. Manufacturers, who are excited about this opportunity to invest and expand, remain waiting on the sidelines.