Hope for the Economy
The most significant advantage the pipeline contributes, according to experts, is that it will help bolster the U.S. economy. Energy security will be increased, and alternatively, the dependency for oil in other nations should decrease. Increased job production is also a major hope during the construction phase, as well as when the project is completed, as it will require continual monitoring and repairs in the future. Not only will the construction garner the limited need to rely on external nations for oil, but will help increase profits in the U.S., help create jobs, and provide a great source of revenue for the nation into the future.
The Pipeline XL has been a topic of debate for several years. And, although it has not seen too much traction while Obama has been in office, in recent months it seems that the approval, and continuation for the expansion of the Keystone Pipeline will occur into the future. Although there are political views on both sides of the coin, it seems as if the construction and expansion will have major benefits to the U.S. economy, as well as to the people in the U.S. and in Canada. Whether or not it will end up costing more to operate and maintain than it brings in, or whether the pipeline will affect our environment negatively, is something which is yet to be seen. Either way, it seems that the expansion and continuation of this project is imminent, and that it will be completed sooner than previously anticipated.|