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The proposed Keystone XL pipeline is a new 875-mile crude oil pipeline that would begin in Alberta, Canada, and would extend through Saskatchewan, Montana, South Dakota and Nebraska, where it would link up with a southern leg already under construction for delivery of oil to the Gulf Coast. Once fully constructed, Keystone XL would ensure safe and reliable transportation of up to 830,000 barrels per day of crude oil from Canada and the Bakken Shale formation in the U.S. to refineries in the Gulf of Mexico region and would further diversify supplies of crude oil, thus improving national energy security. Keystone XL also would create 20,000 high-wage construction and related manufacturing jobs almost immediately at a time when the U.S. economy continues to struggle. Over its projected life, Keystone XL would generate more than $5 billion in property taxes to state and local governments along its path. TransCanada, the pipeline sponsor, has estimated that local businesses along the pipeline route would benefit from the 118,000 spinoff jobs Keystone XL would generate.

 

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