Kentucky Chamber voices support of Bluegrass Pipeline

  • The Kentucky Chamber of Commerce is a staunch supporter of pro-energy infrastructure investments that benefit the present and future of the Commonwealth. In order to retain and attract new industries in Kentucky, we must recognize the need for access to energy resources and infrastructure that make our state competitive with other geographic areas of the country.

    That’s why the Kentucky Chamber supports the construction of the Bluegrass Pipeline. 

    Pipeline construction will not only help ensure the viability of our current industrial facilities, it will also help create new jobs as growing demand for natural gas liquids and refined crude products expands infrastructure of these facilities.

    During the construction phase, the benefits include $30-$50 million in payments to landowners, the creation of approximately 1,500 jobs, contracting of skilled labor, and new income for hotels, restaurants and other service-related industries along the pipeline’s path. In the long run, there are direct benefits in the form of annual ad valorem tax revenue—more than $136 million over 10 years—and the positioning of Kentucky as a major part in the future of American energy distribution and production.

    Beyond these known benefits, the Bluegrass Pipeline has the potential to bring Kentucky many new opportunities often made possible by new energy infrastructure.  The natural gas liquids (NGLs) transported in the pipeline are already used by many current industries in Kentucky and the supply made available by this pipeline will ensure Bluegrass Pipeline's long-term viability in Kentucky.  

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    Tuesday, December 10, 2013

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