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Arkansas officials warn Keystone XL cancellation risks thousands of ancillary jobs at Port of Little Rock
Summary
State economic and port officials told a Senate committee that President Biden’s revocation of the Keystone XL permit could ripple through Arkansas manufacturing and port services, threatening thousands of supply‑chain and service jobs tied to Welspun’s pipe production.
State economic officials and industry leaders told the Senate Agriculture, Forestry & Economic Development Committee that Arkansas stands to lose significant ancillary jobs and tax revenue after the federal government revoked the Keystone XL permit.
Mike Preston, Arkansas secretary of commerce and executive director of the Arkansas Economic Development Commission, said much of the pipe for the cancelled project was produced in Pulaski County and that the decision is a ‘‘big setback’’ for firms recruited to the state. Preston introduced Brian Day of the Port of Little Rock and Rajesh Shokani, who identified himself as chief operating officer managing Welspun/Wells Fund business in North America, to describe local…
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