Crude Oil Pipeline Means New Revenue For Counties (AP)

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Crude Oil Pipeline Means New Revenue For Counties (AP)

By Associated Press

Story Created: Jun 28, 2008 at 5:18 PM CDT

Story Updated: Jun 28, 2008 at 6:23 PM CDT

PHILIP, S.D. (AP) - TransCanada officials say a proposed crude oil pipeline that would cross western South Dakota will add $17.7
million a year in tax revenue to the state economy.

Officials say 313 miles of the Keystone X-L pipeline will cross the state. It will enter northwestern South Dakota and leave central part of the state at the southern border with Nebraska. Construction in South Dakota is expected to begin in 2011.

Public meetings have been held in Philip, Buffalo, Murdo and Faith. The final meeting is Monday in Winner.

At the meetings, company officials have fielded questions about reclamation and construction. They say Keystone plans to pay landowners a fair-market value for a 50-foot permanent easement for the pipeline and for an additional 60-foot easement during
construction.

Copyright 2008 by The Associated Press.  All Rights Reserved.

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