TransCanada: Keystone XL creates 20,000 jobs

“Keystone XL has the capacity to deliver 830,000 barrels of oil per day to U.S. refineries in Cushing, Oklahoma and the Gulf of Mexico.”

TransCanada says in a media release:

TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) released further details today that highlight the thousands of jobs Keystone XL would create for Americans.

The $7 billion oil pipeline is the largest infrastructure project on the books in the U.S. right now. It would create 20,000 jobs: 13,000 in construction, 7,000 in manufacturing.

Construction of the 1,600 mile pipeline is broken down into 17 U.S. pipeline spreads or segments, with 500 workers per spread – that’s 8,500 jobs
Keystone XL also needs 30 pump stations worth tens of millions of dollars. Each station requires 100 workers – that’s 3,000 jobs. Add another 600 jobs that would be needed for the six construction camps and tank construction at Cushing, Oklahoma
A project of such magnitude needs construction, management and inspection oversight – that would create 1,000 jobs, bringing the overall Keystone XL total to 13,000 direct, on-site jobs…

Read TransCanada’s Keystone XL job creation report.

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