My latest blog post here below, published last night on Burnt Orange Report in Austin, concerning the importance of approving the Keystone XL project:
The State Department’s public meeting in Austin tonight will give Texans a chance to weigh in on the proposed Keystone XL Pipeline. This massive infrastructure project-stretching from Hardisty, Canada to Houston and Port Arthur-has the potential to really boost our economy and give us a big leg up in securing our future energy supply from a close, friendly ally. And while tonight’s meeting at UT will likely showcase a wide range of views, I hope that in the end actual facts rather than inflated fears prevail.
What facts? Well, Keystone XL’s economic benefits for Texas cannot be overstated, especially in this bad economy. According to the Perryman Group in Waco, construction and development of Keystone XL throughout the lifetime of the project will inject more than $2.3 billion in increased business activity into the state. Additionally, a $1.6 billion jump in personal income will result. And the pipeline will pump $7.7 million and $41 million into local and state government treasuries respectively.
Click here to read the rest of the post.