(OilPrice) TransCanada have always maintained that the Keystone XL pipeline, for which they are battling to gain permission to build, will provide a huge boost to the US economy through the generation of over half a million permanent jobs.

A study which they commissioned in 2010 stated that the construction of the pipeline would create 118,935 non-permanent jobs, mostly in construction and manufacturing whilst the pipeline was being built; an additional 553,235 permanent jobs due to the increased US oil supply.

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