http://www.bloomberg.com/news/2011-10-24/harper-sees-keystone-pipeline-prevailing-with-jobs-over-nebraska.htmlCanadian Prime Minister Stephen Harper says U.S. approval of Keystone XL, a proposed 1,661-mile pipeline from Alberta to Texas, is a “no brainer” because demand for oil and jobs will overwhelm opposition from Nebraska lawmakers.
“The need for energy in the U.S. is enormous, the alternatives for the U.S. are not good, on every level,” Harper, 52, said in a Bloomberg Television interview. Harper said he’s “confident” the pipeline will be built.
The promise of jobs will outweigh protests over the $7 billion pipeline, the prime minster said in a Sept. 21 interview. At a time when almost one in 10 Americans is unemployed, TransCanada Corp. (TRP) expects to create 20,000 jobs to build the pipeline, Chief Executive Officer Russell Girling told reporters on Oct. 7. Work for suppliers and indirect staff related to Keystone would add 118,000 jobs, according to Michigan Representative Fred Upton, who heads the House Energy and Commerce Committee.
Harper’s confidence is bolstered by his ability to wring trade concessions from President Barack Obama and his predecessor, George W. Bush. Since taking office in 2006, Harper has ironed out differences over lumber duties, won an exemption for Canada on “Buy American” provisions and agreed to negotiate new measures to ease congestion at the U.S. border.
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http://www.bloomberg.com/video/75863908/ (video)
Canadian Prime Minister Harper on Keystone Pipeline
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:thumbsdown: