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Mr. Erik Milito - The House Committee on Natural Resources ...

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Jobs<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

2015<br />

2016<br />

2017<br />

2018<br />

2019<br />

2020<br />

2021<br />

2022<br />

2023<br />

2024<br />

2025<br />

2026<br />

2027<br />

2028<br />

2029<br />

2030<br />

www.woodmac.com<br />

Added U.S. Jobs Canadian Oil Sands Pipelines<br />

• Canadian oil sands producti<strong>on</strong> stimulates demand for<br />

U.S. produced services and equipment (e.g., large<br />

trucks and related infrastructure) and hence an increase<br />

in U.S. jobs<br />

• U.S. employment associated with Canadian oil sands<br />

producti<strong>on</strong> that is expected to fill the initial phase of the<br />

Keyst<strong>on</strong>e XL pipeline should reach nearly 85,000 new<br />

jobs by 2020<br />

• By 2030, U.S. employment associated with Canadian oil<br />

sands producti<strong>on</strong> that could fill new Canada to U.S.<br />

pipeline capacity could reach 270,000<br />

600,000<br />

500,000<br />

400,000<br />

300,000<br />

200,000<br />

100,000<br />

Potential Total Job Impact<br />

Additi<strong>on</strong>al Development Policy Case<br />

Keyst<strong>on</strong>e<br />

Current Path Case<br />

• If 3.50 mmbod of additi<strong>on</strong>al oil pipeline export capacity<br />

is built out of Alberta (either to the U.S. or Canadian<br />

West Coast), the U.S. employment associated with<br />

Canadian oil sands producti<strong>on</strong> has the potential to reach<br />

520,000 by 2030 (inclusive of jobs in the Current Path<br />

Case)<br />

0<br />

© Wood Mackenzie 29<br />

Delivering commercial insight

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