Highlights of U.S. State Department review of Keystone XL pipeline
WASHINGTON - A quick look at some of the highlights from the U.S. State Department's report on TransCanada Corp.'s proposed Keystone XL pipeline:
â€” Drivers of oilsands development are global and any single infrastructure project is unlikely to significantly affect the rate of extraction in oilsands areas.
â€” Cross-border pipeline constraints have a limited impact on crude flows and prices.
â€” East-west pipelines to Canada's coasts would be used to export oilsands crude to growing Asian markets.
â€” If east-west and cross-border pipelines are at capacity, oilsands crude could reach U.S. and Canadian refineries by rail.
â€” Keystone XL would result in fewer greenhouse gas emissions than the alternative of shipping oil by rail.
â€” U.S. jobs supported during construction: 16,100 direct and 26,000 indirect.
â€” U.S. jobs once completed: 35 permanent employees and 15 temporary contractors.
â€” Total estimated property tax from pipeline: US$55.6 million spread across 27 counties and three states.
Read more Business News
- New cell tower?West Kelowna - 3:55 pm
- Social media thwarts shoplifterPenticton / S. Okanagan - 1:59 pm
- New Sockeye hatcheryPenticton / S. Okanagan - 2:23 pm
- Surviving hurricane OdileKelowna - 6:06 am
|QHR Technologies Inc||1.37||+0.05|
|Anavex Life Sciences||0.223||-0.0031|
|Copper Mountain Mining||2.66||-0.02|
|Sunrise Resources Ltd||0.02||-0.005|
|Mission Ready Services||0.29||-0.01|
Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...
There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...
Part 1 of 2 Photo: Thinkstock.com1. Move in with your parents or in-laws Explain that you're thinking strategically in moving back home. The quickest way to get into the housing market is to ma...