U.S. Chamber of Commerce link

Benefits of Keystone XL

Nearly doubling the capacity of the existing Keystone system, the $7 billion Keystone pipeline expansion will be able to transport approximately 1.1 million barrels of crude oil daily, non-stop from Alberta, Canada to market hubs in the Midwest and Texas.


A stable, long-term energy supply is critical to our nation’s energy security, particularly when global supplies are often found in geopolitically unstable regions of the world and production from once-reliable sources is slowing.


Refinery modifications and pipeline construction create jobs and bring additional tax revenue and other economic benefits to their localities. The economic impact and long-term benefits of the construction of the Keystone XL pipeline are significant.

Keystone XL Pipeline Jobs

Overall, the Keystone XL pipeline project will:

Create thousands of jobs

  • Produce 20,000 well-paying jobs during manufacturing and construction;
  • Increase personal income for all America workers by $6.5 billion during the lifetime of the project.

Increase tax revenue for local governments

  • Generate an estimated $138.4 million in annual property tax revenue for state governments and local entities where the pipeline is located;
  • Create $585 million in new taxes for communities among the pipeline route;
  • Create more than $5.2 billion in property taxes during the lifetime of the pipeline.

Spur additional indirect economic impact

  • Generate additional private sector investment of around $20 billion on food, lodging, fuel, vehicles, equipment, construction supplies and services.