Approve Keystone for U.S. Energy Security

An independent economic study finds that construction of the
Keystone Gulf Coast Expansion Pipeline project should provide
significant, positive contributions to U.S. energy security and the
U.S. economy valued at over $20 billion. The Perryman Group
study states that the proposed pipeline project should improve
U.S. energy security with the ongoing benefit to the U.S. economy
of a more stable source of consistent energy supply over an
extended period of time.
Creating Economic Growth
The study further concluded that once the pipeline is operational, the
states along the pipeline route are expected to receive an additional
$5.2 billion in property taxes during the estimated operating life of
the pipeline. The $7 billion pipeline project is expected to directly
create more than 15,000 high-wage manufacturing jobs and
construction jobs in 2011-2012 across the U.S., stimulating significant
additional economic activity.
Strengthening U.S. Energy Security
The study also highlights the significant ongoing benefit to the
U.S. economy of a more stable, consistent and reliable supply of
oil. When completed, the Keystone Pipeline System is expected
to provide five per cent of current U.S. petroleum-consumption
needs and represent nine per cent of U.S. petroleum imports. Once
permitted and completed, the Keystone Gulf Coast Expansion
project will supply roughly half the amount of oil that the U.S.
currently imports from the Middle East or Venezuela.

Kansas
• $683 million in new spending for the Kansas economy
• More than 6,700 person years of employment
• Increased personal income by $376 million
• Additional state and local tax revenues of more than $17 million
• $486 million in increased Gross State Product
South Dakota
• $470 million in new spending for the South Dakota economy
• More than 5,100 person years of employment
• Increased personal income by $319 million
• Additional state and local tax revenues of more than $10 million
• $389 million in increased Gross State Product
More than $20 billion in new spending for the
U.S economy
More than 13,000 jobs during
construction of the pipeline
An increased $6.5 billion in the personal income
of Americans
www.transcanada.com
Montana
• $421 million in new spending for the
Montana economy
• More than 5,500 person years of employment
• Increased personal income by $286 million
• Additional state and local tax revenues of
more than $8.9 million
• $349 million in increased Gross State Product
Texas
• $2.3 billion in new spending for the
Texas economy
• More than 50,300 person years of employment
• Increased personal income of $1.6 billion
• Additional state and local tax revenues of
more than $48 million
• $1.9 billion in increased Gross State Product
Nebraska
• More than $465 million in new spending for
the Nebraska economy
• More than 7,500 person years of employment
• Increased personal income by $314 million
• Additional state and local tax revenues of
more than $11 million
• $390 million in increased Gross State Product
Oklahoma
• $1.2 billion in new spending for the Oklahoma economy
• More than 14,400 person years of employment
• Increased personal income by $874 million
• Additional state and local tax revenues of more than $25 million
• More than $1billion in increased Gross State Product