- The Energy Department report states the crude oil pipeline would have created 16,149 to 59,000 jobs and had a positive economic impact of $3.4-9.6 billion, citing various studies.
- A federal report in 2014 found 3,900 direct jobs and 21,050 total jobs would be created during construction, which was expected to take two years.
- President Biden upon taking office in 2021 immediately canceled the pipeline’s permits, amid pressure from green energy activists, effectively shutting down the project.
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Biden Admin Quietly Acknowledges Keystone Cancel Cost Jobs, Billions
The Biden administration published a congressionally mandated report in late December without a public announcement showing the likely economic benefits of the Keystone XL Pipeline had President Biden not revoked its federal permits.
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