A proposed ethanol pipeline could create nearly 80,000 jobs across the country, according to a new feasibility report.
The report, from consulting firm LECG, shows that the majority of the jobs created will be in the construction and transportation industries and the pipeline project would provide approximately 1,100 permanent jobs after construction is complete.
Ethanol producer POET formed a joint venture with Magellan Midstream Partners of Tulsa, Oklahoma to assess the feasibility of a 1,800-mile ethanol pipeline from ethanol production facilities in the Midwest, starting at Davison County, S.D., to distribution outlets in the northeast U.S., ending in Linden, N.J. Once the feasibility study is complete, the pipeline would be operational as early as 2014.