AOPL Cheers Nebraska Approval of Keystone XL Route
November 20, 2017
WASHINGTON, DC – Today, the Association of Oil Pipe Lines (AOPL) cheered the Nebraska Public Service Commission’s (NE PSC) approval of the Keystone XL pipeline’s route through the state. The NE PSC by a vote of 3-2 found the project in the public interest. This action represents the last major hurdle in the pipeline’s permitting process.
“Nebraska recognizes the Keystone XL pipeline is in the public interest bringing good paying jobs and more affordable energy for US consumers,” said Andy Black, President and CEO of AOPL.
Construction of the KXL pipeline would provide nationally over 42,000 U.S. jobs and $2.1 billion in U.S. worker payroll, according to economic analysis by the U.S. State Department. While Keystone XL would support 6,800 construction jobs with $420 million in payroll, it would also lead to 4,600 manufacturing jobs with $309 million in payroll, 4,400 jobs in trade with $172 million in payroll, 2,200 jobs in finance and insurance with $131 million in payroll, 5,100 jobs in other professional services with $343 million in payroll, 2,700 jobs in health services with $141 million in payroll, and 5,700 jobs in food and accommodations with $278 million in payroll. Other proposed pipeline projects can be expected similarly to create thousands of jobs with millions of dollars in worker payroll.
Locally in Nebraska, federal government analysis predicted a construction camp in Holt County, NE would generate the equivalent of one full year of property taxes. Nebraska sales and construction equipment use tax revenues would generate $16.5 million for state government. In its first full year of operation, the Keystone XL would generate $11.8 million in additional property taxes for counties in the State of Nebraska. Individual Nebraska counties would see their property tax revenues increase 2 to 14 percent. New revenues from Keystone XL would benefit the communities directly, funding increases to school budgets, police and fire departments and local government needs.