Pipeline could bring $1.1 billion to Iowa

A 343-mile pipeline that a Texas company has proposed building across Iowa would bring a $1.1 billion economic punch to the state during two years of construction, an analysis released exclusively Tuesday to The Des Moines Register shows.

Dallas-based Energy Transfer Partners has proposed building a 1,134-mile underground pipeline across Iowa and three other states. The company seeks to carry up to 570,000 barrels of crude oil each day from the Bakken oil fields in North Dakota to Patoka, Ill., where it can be redistributed across the country.