ECONOMY

The Port of Vancouver, like most ports in the nation, is market-driven and pursues industry and commodities for which there is market demand. As part of due diligence, the port performed market research on crude oil before considering proposals for an oil terminal. Market research shows there is long-term market viability for U.S. crude oil, making it a wise investment for the port and a potential force for economic growth. For example, Vancouver Energy has estimated it will create more than 1,000 jobs and provide millions of dollars in state and local tax revenue. Jobs created by Vancouver Energy would support thousands of other jobs in the region. Tax revenue would provide more funding for our local schools, roads, police, fire, and other public services – and provide significant opportunities for investment in port infrastructure that would be used to attract even more businesses and jobs to Clark County.

Explore other pages for this project