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Thursday, February 21, 2013

How Many Jobs Does the Keystone Pipeline Create?

Only 20.

Call me a political Little Orphan Annie, but I think that if you have to lie this much, it's probably not a good idea:

TransCanada Corp. (TRP)’s Keystone XL oil pipeline, heralded by supporters as a major job creator, will add few permanent positions once the $7 billion project is built.

The number of people needed to operate and maintain the 1,661-mile (2,673-kilometer) pipeline may be as few as 20, according to the U.S. State Department, or as many as a few hundred, according to TransCanada.

“I don’t see a big jobs impact,” Stephen Fuller, director of the Center for Regional Analysis at George Mason University in Arlington, Virginia, said in an interview. “It gets the oil into refineries that already exist. It’s like replacing a bridge on the highway.”

The debate in Washington has focused on short-term construction and manufacturing jobs, rather than on permanent ones. Estimates for construction and manufacturing employment range from 2,500 to 20,000, depending on assumptions of how much of the project’s budget will be spent in the U.S. The company says some of the steel will be made in Canada and India.

TransCanada Vice President Robert Jones said permanent jobs would be “in the hundreds, certainly not in the thousands,” in a Nov. 11 interview on CNN.

Calgary-based TransCanada says construction will create 20,000 “new, real U.S. jobs.”
What a surprise, TransCanada is a bunch of lying sacks of sh%$.

And the bitumen that they will be extracting is an ecological disaster as well.

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