logo
  Join        Login             Stock Quote

Harper disputes Obama claims about Keystone effect on jobs

Saturday, August 3, 2013 2:43 PM


Harper disputes Obama claims about Keystone effect on jobs

QUEBEC CITY, Aug. 3 (UPI) -- Canadian Prime Minister Stephen Harper disputes U.S. President Barack Obama's claim the Keystone oil pipeline would have little impact on the American economy.

"This is a project that will create jobs on both sides of the border," Harper said, CBC News reported Friday.

"It is in our judgment an important project, not just for the economy, for job creation, but for the long-term energy security of North America," he said during a press conference in Quebec City.

Obama has downplayed the effect of the pipeline, which would bring oil from tar sands in Canada to refineries in the United States.

The pipeline would produce only 2,000 U.S. jobs during its pipeline's construction, and only 50 to 100 of those jobs would be permanent, Obama said in an interview with The New York Times.

A U.S. State Department study suggested the pipeline would create as many as 40,000 jobs.

Harper did not say how many jobs might be created.

(Source: UPI )
(Source: Quotemedia)

Advertisement
Advertisement



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.