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If Keystone XL pipeline is toast – what are true impacts for Montana?
Construction jobs, tax revenue lost
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and last updated 2021-01-29 20:08:46-05
HELENA — Editor’s note: This is the first of a two-part series on the Montana impacts of President Joe Biden’s orders on oil-and-gas development.
As President Biden halts the Keystone XL Pipeline and oil-and-gas leasing on federal lands, Republican critics here are accusing him of ending thousands of jobs and costing the state millions in tax revenue.
The two orders, issued in the past week, will certainly impact the oil-and-gas industry in Montana and undercut millions of dollars in potential property taxes – but a closer look reveals that, on some fronts, the fallout is not be as severe as critics portray it. ....

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