Fuel Fix » Report: Keystone XL job claims are exaggeratedTransCanada’s claims that an estimated 20,000 construction and manufacturing jobs would be created if the Obama administration approves the controversial Keystone XL pipeline are “significantly inflated,” according to a new analysis of the project released today.
The assessment, by the Cornell University Global Labor Institute, concludes that “the construction of Keystone XL will create far fewer jobs in the U.S. than its proponents have claimed and may actually destroy more jobs than it generates.
I am still waiting for you to explain why the Senate is stonewalling debate on the 15 bills passed by the House to create jobs and then how can you or anyone say this is a do nothing House?
That's about it.In a statement, API called the Cornell report’s conclusion “preposterous.” The trade group added:
“The Keystone XL pipeline promises to be a massive job creator, and to attempt to stop its approval is an affront to the 25 million Americans who are either unemployed or underemployed.”
It's difficult to believe that anyone would be against oil moving into the United States and have it being refined there but if the President says no, until after the next election anyway, then I suppose the decision is made and the American people will pay. The same sort of short sighted decision was made regarding Alaskan oil as well. It's as though someone is out to deliberately destroy the US economy.
The Chinese are keen on this oil while the American president punts. This sort of ignorance has stopped being amusing and is becoming dangerous. America is rapidly losing the credibility it once had for decades, and that inevitably makes for a more dangerous world. Meanwhile you can run your cars with little beanie propellers on top I suppose
Engineers are in demand. They almost always are. And when the USA is done there will be other countries where an engineer can go and still earn a good living. You got a worthless degree in finance. My oldest daughter got a worthless degree in Mass Communications. You both had the same experience after graduation.
If schools told potential students that their proposed degrees would be essentially worthless perhaps more students would pursue hard skills.
This Keystone Pipeline was favored by the Teamsters and, despite the controversy on numbers, would certainly have created thousands of Blue Collar jobs.
[indent]The latest study from Cornell’s labor institute says those claims are flawed, because they are pegged to a potential project budget of $7 billion, which could be nearly double what really goes into construction of the U.S. portion of the pipeline. According to TransCanada’s permit application, the capital cost of the U.S. portion of the project is estimated to be $5.4 billion.
Okay. The estimated budget is approximately 77% of the potential budget...therefore the estimated number of jobs is a mere 15,500 instead of 20,000. I see why you are so concerned.