Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Arkansas officials, company and port warn Keystone XL cancellation could cost thousands of regional jobs
Summary
State economic officials, the Port of Little Rock and executives from WellSpun Pipes told a Senate committee the federal cancellation of the Keystone XL permit has immediate and downstream economic consequences for Arkansas, citing thousands of jobs and tens of millions in payroll and local tax revenue at risk.
State commerce officials, port leaders and executives from WellSpun Pipes told the Senate Agriculture, Forestry & Economic Development Committee that the federal cancellation of the Keystone XL pipeline permit will have measurable economic consequences for Arkansas.
“11,000 plus jobs would get impacted if this pipeline does not happen,” Rajesh Chokani, who identified himself as the chief operating officer managing WellSpun’s North American business, told senators. He added the project could generate “almost hundred million plus” in property tax revenue across the states the pipeline would traverse.
Mike Preston, secretary of commerce and executive director of the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
