Analysis Keystone Xl Pipeline - 1423 Words

Isabella Moreno Mr. Lipham Hon Economy, A Block 15 February 2015 Spring Research Paper: Keystone XL Pipeline The Keystone XL pipeline is a proposed expansion of the existing Keystone system, being proposed to transport greater volumes of Canadian oil sands crude to world market. It would transport Canadian crude oil to the U.S. Gulf Coast for refining or export. Trans Canada’s proposed XL pipeline has emerged as a symbolic flashpoint in the complex debate over energy, the environment, and the economy. Pipeline advocates argue that the project will creates tens of thousands of jobs and by increasing the flow of Canadian Oil into the U.S., will lower gasoline prices and strengthen energy security. Pipeline opponents counter that any†¦show more content†¦If market conditions change, the capacity of the pipeline could be increased to 830,000 barrels per day (bpd). The overall pipeline is estimated to cost 7$ billion. The Canadian company, TransCanada, initially proposed the pipeline in 2005 and applied to the State Department for a construction permit in 2008. The State Department has the permitting authority for the project because it crosses an international border, and the secretary of state must determine whether the project is â€Å"in the national interest†Ã¢â‚¬â€a decision that includes economic, environment, national security and foreign policy consequences. In January 2014, the state department released an environmental impact statement concluding that the pipeline was unlikely to significantly increase the rate of carbon pollution in the atmosphere. That analysis kicked off a 90-day review process in which Secretary of State John Kerry requested comment from eight other agencies including E.P.A. and the Commerce Defense and Homeland Security departments. The State department just finished collecting comments from agencies as to whether the project is in the nation’s best interest. Once Secretary of State John Kerry revised the comments, he sent a recommendation to Obama, who make the final decision. On Tuesday February 24, President Obama vetoed legislationShow MoreRelatedAnalysis Of Transcanadas Proposed Keystone Xl Pipeline1342 Words   |  6 PagesIntroduction TransCanada’s proposed Keystone XL pipeline would move oil sands from Canada and shale oil produced in North Dakota and Montana to Nebraska for further delivery to the Gulf Coast where many refineries are located. This pipeline would be 875 miles of 36-inch pipe with the capacity to transport 830,000 barrels per day. Since the pipeline would cross the US border from Canada to the United States, the pipeline requires a Presidential permit from the state department. This decision isRead MoreAnalysis Of Transcanada s Proposal Of The Keystone Xl Pipeline Essay1123 Words   |  5 Pages This paper explores TransCanada’s proposal of the Keystone XL Pipeline. I will analyze the past problems which resulted in its defeat, along with possible solutions for future implementation. The case study is split in to three main parts: the identification of past issues, an examination of action plans and lastly, recommendations for upcoming development. Identification of Issues The Keystone XL Pipeline fight involved large economic and political issues. Some of the major issues included:Read MoreThe Keystone Xl Pipeline Is The Endurance Of Todays Society1734 Words   |  7 Pagesplays a major role in the world’s economy. The Keystone XL Pipeline is a crude oil pipeline that is designed to run from â€Å"Hardisty, Alberta†¦to Steele City, Nebraska,† (About The Project). Citizens of Canada and the United States are debating the development of the pipeline. There are two sides to this issue, to either approve or disapprove the Keystone XL Pipeline, and by researching this topic I will form an opinion. Most of the Keystone pipeline has already been put in place. According to an imageRead MoreState Department Decision On Keystone Xl Pipeline1533 Words   |  7 PagesJosephine Parker, independent analyst Date: October 22, 2015 Subject: State Department decision on Keystone XL Pipeline Introduction: This memorandum addresses how the State Department of the United States should handle the pending application of the Keystone XL Pipeline. The Keystone XL Pipeline is a project under consideration that would provide a 1,664-mile extension to an existing pipeline system built by Canadian company TransCanada. The extension would transport 830,000 barrels of crudeRead MoreThe Keystone Xl Pipeline Is Job Creation1037 Words   |  5 Pagesargument. One argument made my proponents regarding the Keystone XL pipeline is job creation. Proponents argue that the Keystone XL pipeline will create a total of 9,000 direct jobs and 42,000 indirect jobs. However, of these proposed jobs, only 35 permanent jobs are to be created. Proponents defend this small amount of jobs by stating that this clearly show how efficient the Keystone XL pipeline truly is. Opponents to the Keystone XL pipeline argue that this minuscule amount of jobs is simply notRead MoreThe State Of The Keystone Xl Pipeline1606 Word s   |  7 PagesCompany. The pipeline infrastructure in place known as the Keystone Pipeline would now feature a larger section, which would be known as the Keystone XL. Many arguments to be analyzed involving economics, environmental and safety have been generated for and against this proposed Keystone XL construction. When analyzing the impacts of the building of the Keystone XL pipeline it can be seen it will impact our means of energy supplies. One way the United States would be helped is the Keystone XL pipelineRead MoreThe Keystone Xl Pipeline Project Essay1294 Words   |  6 PagesBuild? The Keystone XL Pipeline Project has many pros and cons just as any project does, but this project has way bigger cons than most projects this country will face today. â€Å"The Keystone XL Pipeline is an environmental crime in progress.† â€Å"It’s also been called the most destructive project on the planet.† The major issues with the Keystone XL Pipeline are â€Å"the dirty tar sands oil, the water waste, indigenous populations, refining tar sands oil and don’t forget the inevitable; pipeline spills.† AndRead MoreThe Controversial Issue of the Keystone XL Pipeline1090 Words   |  4 PagesThe Keystone XL Pipeline has been a major controversial issue in the news lately regarding the expansion of a pipeline from Alberta, Canada to the Gulf of Mexico. This pipeline will cross six states including Montana, Nebraska, Kansas, Oklahoma, South Dakota, and Texas. This pipeline will transport 830,000 barrels of crude tar sands oil to the United States. D espite the immediately benefits for the economy with the installation, the decision is to decline the Keystone XL Pipeline proposal. ThisRead MorePlanning For The Future : The Keystone Xl Pipeline2058 Words   |  9 PagesThe Keystone XL Pipeline Mahatma Gandhi once said, â€Å"Earth provides enough to satisfy every man s needs, but not every man s greed† (Lindley). Even today, people in this world still desire many things much more than they actually need. Several occasions people have failed to take the time and think about the consequences their greeds would have on society. Since 2010, Canada and the United States have built a pipeline that travels through both countries. This pipeline, known as the Keystone PipelineRead MoreThe Alberta Tar Sands: Factors Affecting Extraction and Production of Fossil Fuels1290 Words   |  5 Pagesreserves of fossil fuels, the extraction of these resources is known to cause a variety of social and ecological problems. The extraction process itself is inefficient and the pipeline that has been proposed is subject to many environmental risks. Portions of the pipeline have already been approved and the construction of the pipeline is already begun in some areas. This paper will look at some of the factors associated with tar sands extraction and production of fossil fuels. Introduction Bituminous