Myth vs. Fact: US Producing Oil will Benefit the Economy than Importing

MYTH: Producing our own American oil would benefit the economy far more than importing Canadian oil sands. FACT: Approximately half of our oil in the United States comes from domestic sources but we need to import the rest to meet our energy needs.[1]  Canada is the number one supplier of imported oil to the United […]

Myth vs. Fact: Few American Multinationals will Benefit from Canadian Oil Sand

MYTH: Only a few large American multinationals will benefit from Canadian oil sands production. FACT: At least 2,400 American companies from 49 states are already involved in the development of Canada’s oil sands.[1]  A variety of American companies manufacture equipment and products that are then used in Canada for oil production – everything from engines […]

Myth vs. Fact: KXL is not in our Nation’s Interest

MYTH: KXL is not in our nation’s interest. FACT: At a recent conference in Fort Worth, TX, former Secretary of State Condoleezza Rice said about the Keystone XL project, “There is absolutely no reason not to do it.”[1] In addition to supporting 20,000 American jobs, and injecting $20 billion into the U.S. economy[2], the Keystone […]

Myth vs. Fact: Profits from the Keystone Project

MYTH: Only ‘Big Oil’ stands to profit from a successful Keystone project. FACT: The Keystone XL will create jobs, boost the economy and secure U.S. energy supply. Had the project not been delayed, in addition to the pipeline jobs, Keystone XL would have created upwards of 10,000 U.S. jobs in 2012 alone due to the […]

Myth vs. Fact: Construction of the Keystone XL

MYTH: The construction of the Keystone XL will create few jobs with little potential for employment longevity. FACT: TransCanada has defined project labor agreements. The Keystone XL (KXL) project will support about 20,000 jobs in the U.S. – 13,000 construction jobs and 7,000 manufacturing jobs over two years – representing work for pipefitters, welders, electricians, […]