Dakota Access Pipeline’s Financial Impact Could Be Staggering

By Andrew West – Re-Blogged From Patriot Update

An enormous debate was once raging around the path of Dakota Access Pipeline, with camps of liberal litterers finally being evicted by the Trump administration.

The economic impact of the Dakota Access Pipeline will be staggering, but that impact is being ignored by the mainstream media.

The trashy mess leftover by these leftist agitators belied their complete and utter lack of fundamental reasoning, and underscored the issue that progressive groups have with “big picture” logic.  Now, a new report out of North Dakota has outlined something else that these protesters didn’t realize; the Dakota Access Pipeline is going go be an enormous boon to the North Dakota economy.

“North Dakota is expected to gain $100 million or more annually in tax revenue once crude oil begins flowing through the Dakota Access Pipeline, according to an Associated Press report released on Thursday.

“That’s money the sparsely populated northern state, which struggles with declining tax revenue, can use.

“North Dakota has a police bill of $33 million from the cost of dispatching officers and security personnel to the pipeline site to respond to sometimes violent protests.

“As soon as next week, Dallas-based Energy Transfer Partners’ $3.8 billion pipeline could begin shipping crude oil on the more-than 1,000-mile journey to Illinois.

“North Dakota gains tax revenue from every barrel of crude that flows through the pipeline. Besides oil tax revenue from the pipeline, the state can expect more than $10 million annually in property taxes related to the pipeline.”

This revenue will have an enormously powerful impact on North Dakota and its residents – something that the liberal protesters and democratic agitators excluded in their assessment of the situation.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s