Re: I am no expert on oil companies, but.

Those in favor of the pipeline have several diverse points which bolster their opinion. For example, the pipeline will increase the diversity of the U.S. petroleum supply. It will also create up to 43,000 jobs, the majority of which will be permanent. Proponents also argue that the pipeline will enhance U.S. energy security and help maintain adequate crude oil supplies for U.S. refineries. The pipeline will allow the U.S. to substitute Canadian oil for other foreign oil. Keystone XL will provide the U.S. with direct pipeline access to the secure and growing Canadian crude output and decrease our dependence on foreign oil from Mexico and Venezuela (the two largest oil exporters into the Gulf Coast). Finally, the pipeline would expand the transportation of oil sands from the Midwest to the Gulf Coast.

Economic Benefits

As mentioned, the pipeline will connect to existing Keystone Mainline and increase the transport of oil sands from Canada and the Midwest to the Gulf Coast. In addition, it will boost U.S. energy production, thereby providing a boost to our economy. How? Canada is our largest trading partner and is important to U.S. job creation. An estimate from the Canadian Energy Research Institute in 2011 estimated that new oil sands development in Canada would create about 444,000 new U.S. jobs and generate about $521 billion in U.S. government revenue over the next two decades. Recent estimates are that the project itself will create about 43,000 permanent jobs. When the U.S. expands its energy transportation system, additional workers are required to maintain and oversee it.

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Jun 13, 2022, 10:47 AM [ in reply to And when the Keystone XL Pipeline was finished, what would ]

"Those in favor of the pipeline have several diverse points which bolster their opinion. For example, the pipeline will increase the diversity of the U.S. petroleum supply. It will also create up to 43,000 jobs, the majority of which will be permanent. Proponents also argue that the pipeline will enhance U.S. energy security and help maintain adequate crude oil supplies for U.S. refineries. The pipeline will allow the U.S. to substitute Canadian oil for other foreign oil. Keystone XL will provide the U.S. with direct pipeline access to the secure and growing Canadian crude output and decrease our dependence on foreign oil from Mexico and Venezuela (the two largest oil exporters into the Gulf Coast). Finally, the pipeline would expand the transportation of oil sands from the Midwest to the Gulf Coast.

Economic Benefits

As mentioned, the pipeline will connect to existing Keystone Mainline and increase the transport of oil sands from Canada and the Midwest to the Gulf Coast. In addition, it will boost U.S. energy production, thereby providing a boost to our economy. How? Canada is our largest trading partner and is important to U.S. job creation. An estimate from the Canadian Energy Research Institute in 2011 estimated that new oil sands development in Canada would create about 444,000 new U.S. jobs and generate about $521 billion in U.S. government revenue over the next two decades. Recent estimates are that the project itself will create about 43,000 permanent jobs. When the U.S. expands its energy transportation system, additional workers are required to maintain and oversee it."

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I am no expert on oil companies, but.