Strategic Economics Group’s analysis of a proposed oil pipeline across Iowa would provide an economic impact of $1.1 billion dollars over two years. The report was prepared for Energy Transfer Partners of Dallas, Texas which wants to build the 1100 mile underground pipeline across Iowa and three other states. Iowa Citizen’s for Community Improvement opposes the project. State policy Director Adam Mason doubts the validity of the numbers in the report.
Mason says the job numbers from the project are also overestimated.
Mason says there are many potential environmental problems from the pipeline that would carry up to 570,000 barrels of crude oil a day from North Dakota’s Bakken oil fields.
The project is proposed to start in North Dakota, cross Iowa and finish up in Illinois. Mason says Iowa Utility Board hearings on the project are set to begin December 1. For more information you can go to ICCI’s website. (icci.org).