It didn’t take long for President Obama’s delaying of the Keystone XL pipeline to start having disastrous economic consequences. Fox 16 reports from Little Rock, Ark., that 60 employees at a local steel pipe manufacturer are now out of work as a direct result of the President’s indecision:
Layoffs and a brief company shutdown is what employees face at Welspun Tubular Company, which makes steel pipes for the oil industry.
Company leaders say miles of pipe are on the property and that has caused five dozen employees to lose their jobs. The pipes would be part of the Keystone oil pipeline, which is a project running oil from Canada to Texas.
But plans are delayed on the federal level. Now leaders say the local job market is affected.
“We had to make a staffing reduction with some of the temporary employees. Due to the KXL pipeline not being shipped out. We have 500 miles of pipe just sitting in the yard, expected to be shipped out, that some of the employees were working on,” said President Dave Delie.
