Tags: America's Forum | Keystone XL Pipeline | economy | Keystone Pipeline

Financial Expert: American Public Wants Keystone Jobs

By    |   Monday, 17 Nov 2014 03:00 PM

As Congress is getting closer to passing the Keystone XL pipeline, financial expert Chad Brownstein tells Newsmax that "it's about time this gets passed," which he says could end up creating more than the predicted 42,000 jobs.

"Now that we have a Senate majority leader at the end of his tenure who's finally pushing this, we have a state department report out that it is carbon neutral — this thing needs to get done for job creation," Brownstein, chief executive officer at RMR Holdings, Inc., told J.D. Hayworth and Miranda Khan on "America's Forum" on Newsmax TV Monday.

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As for gas prices, he predicts that the Keystone pipeline will help the consumer by holding them where they are "if not drop them a little lower to the benefit of the consumer."

As for jobs, Browstein says that it could end up creating more than the 42,000 jobs that the State Department has predicted.

"My number is actually much bigger," he contends.

"There could be 42,000 jobs that partake in the construction, but the ultimate benefit from this is energy independence in this country, which creates millions of jobs," he explained.

"The tip of the iceberg is the 42,000 jobs and whether that's a passing or a permanent position, we have millions of jobs that create energy independence, and this is the foundation of getting that done," he said.

"The reality is, the American public want the jobs," he added.

According to the CEO of RMR Holdings, "we need some leadership from the people in charge here and this needs to be passed."

"The net result of a 36-inch cast iron diameter pipeline is if there's not going to be any problems, there's minimal invasion when it comes to the environment — this needs to get passed," he explained.

The House passed a Keystone XL pipeline measure on Friday and House lawmakers are hoping the Senate will pass its version of the bill, which it is expected to vote on Tuesday. 

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As Congress is getting closer to passing the Keystone XL pipeline, financial expert Chad Brownstein tells Newsmax that "it's about time this gets passed," which he says could end up creating more than the predicted 42,000 jobs.
economy, Keystone Pipeline
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2014-00-17
Monday, 17 Nov 2014 03:00 PM
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