Vancouver Energy wil transfer American oil to American refineries, for use by American families and businesses. Vancouver Energy is Committed to Energy Independence

 

NEW - Economic Impact Assessment from Analysis Group: Full Report | Summary

NEW - Economic Impact Assessment

Fact Sheet (Revised 8/20/2014)

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Vancouver Energy will bring jobs to the area, stimulate the local and state economies
and help reduce America’s reliance on foreign oil – all while operating with the utmost dedication to safety and the environment.

The proposed terminal will serve a basic and important function: the safe transfer of North American crude oil from rail to ship – two critical links in the supply chain – at the Port of Vancouver USA. Doing so enables the crude oil to be efficiently transported to West Coast refineries, where it will be converted into transportation fuels for American families and businesses.

The terminal will provide:

  • $2 billion in economic value to the local and regional economy through labor income and tax revenues, as well as income and profits created as a result of the terminal’s direct, indirect and induced impacts
  • More than 1,000 direct, indirect and induced jobs created by the project annually on average
  • 320 full-time or equivalent construction jobs and 616 direct on-site and off-site operations jobs, of which 176 living-wage jobs will be on-site at the terminal and sourced from the local area
  • $22 million, one-time payment in state and local taxes during construction and
    $7.8 million in tax revenue annually once fully operational

Source:  Analysis Group

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ABOUT VANCOUVER ENERGY

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Our Commitment

Our goal is to help build a strong and vibrant local economy and help reduce America’s reliance on foreign oil.

Our Project

Our goal is to help build a strong and vibrant local economy and help reduce America’s reliance on foreign oil.

JUST RELEASED - Economic Impact Assessment

The Vancouver Energy terminal is expected to generate $2 billion in economic value to the local and regional economy through labor income and tax revenues, as well as income and profits created as a result of the terminal’s direct, indirect and induced impacts.