The Keystone XL Pipeline: It’s a Good Thing By: Samantha Prewitt The Keystone XL Pipeline: It’s a Good Thing The Keystone XL Pipeline Project is a proposed crude oil pipeline that begins in Hardisty, Alberta, Canada, crosses through an international border and ends in Steele City, Nebraska. From here it connects with existing pipelines, which will allow American oil producers more access to the large refining areas located in the Midwest and along the US Gulf Coast. It has been six years since TransCanada has applied for approval for this project and the project itself has gone through three revisions, including two reroutes of the pipeline itself. This article will attempt to dissect the benefits of the Keystone XL project and what it
Key facts about the Keystone Pipeline: * The keystone pipeline system is a pipeline system to transport synthetic crude oil from the oil fields in northeastern Albert, Canada to multiple destination in the U.S. It consists of the operation “Keystone Pipeline” (first phase) and then the “Keystone Cushing extension” (second phase) and two proposed Keystone XL pipeline expansion segments, after the segments are completed, American crude oil will enter XL pipelines. History: Keystone Pipeline: TransCanada proposed the project in February 9, 2005. Later in October 2007 the Canadian federal government blocked regulatory approvals for the pipeline, they felt it would create permanent employment for few Canadians, reduce our energy security,
Diluted bitumen is created by processing heavy Canadian crude [18] and adding many thinning chemicals to flow easily in the pipeline. During initial phases of the pipeline proposal, expert witnesses for the Northern Gateway Pipeline insisted that, if a marine spill were to occur, the diluted bitumen would not sink. To the dismay of supporters, the Canadian federal government released a
This company has made many strategic alliances for gasoline for testing vehicles with General Motors, Toyota and ford. Chevron is the owner of Shell in the United States and also has also a subsidiary, Chevron Shipping Company that provides maritime transport operations. According to Fortune Global 500 it is listed on the 10th place, the Financial Times Global 500 ranks it as in the 9th place and Forbes Global 2000 in the 16th place. Exxon Mobil This company evolved from a local marketer of kerosene in the U.S. to the largest publicly traded petroleum and petrochemical company in the world. The Standard Oil Company in Ohio was founded by Rockefeller and associates in the 1870.
Yes there may be some negative effects but overall the positive effects outweigh the negative. The process to complete such a task is very strenuous and utilizes a lot of man hours. Before the physical labor comes in play finding and leasing the land is a challenging itself. Given the fact that a lot of work is needed to be a success in hydraulic fracturing creates numerous jobs to American in the energy field. Also being America we are always in great demand for energy and being that 25% of our electricity comes from natural gas production it will only increase in the future.
Course Project: Research Paper: Legal Issues in Hydraulic Fracturing Richard Curtiss LAWS-310-15463 February 16th, 2014 Julie Hauge Rice Course Project: Research Paper: Legal Issues in Hydraulic Fracturing Hydraulic fracturing, what is it? And how can it affect us? Hydraulic fracturing is the drilling process for oil and natural gases at previous reservoirs that were unprofitable to extract. So what has made them so economically ‘safe’ now? They start these wells by “drilling vertically for several thousand feet and then drilling horizontally [ (President's Economic Report for 2012) ].” These use several of solutions to pump into well.
This is a chance. Labor groups have long supported building Keystone XL beause of the jobs and opportunities for their members. (Movement Generation, Organization) The business community has also been strongly in favor of building Keystone XL. They said, “The keystone XL would also enhance America’s competitiveness by helping to realize the long –standing goal of increased North American energy security, without spending a single dollar of US government funds. （Business Roundtable Organization） Of course, Keystone XL has also received support from every state governor along the route which belongs to Keystone XL and Gulf Coast Project.
Since these people were crucial to the economy, people tended to agree with their opinions. American factories were “producing more than they can consume” so they wanted to sell their excess materials and set up trading posts all around the world (D #2). Since Americans already had the materials they needed, doing this could only help them. These economic forces played a big part in the start of imperialism and benefitted America.
Johnson states, “Common sense suggest that raising the incomes of the poor is more complex than passing a law requiring that wages be increased because then it would be a simply matter to make everyone extremely wealthy by requiring that everyone be paid, say $100 per hour. According to Johnson, the economic analysis of the minimum wage question has not changed much throughout the last fifty years (Johnson). Economists rarely debate the issue among themselves, and “to them the continuing debate by others reflects not the limitation of economic science…but rather indicates that what is known is comprehended by so few, and is so poorly used” (Johnson). Economic analysis suggests that wage rates are like other prices, and are therefore determined by the interaction of buyers and sellers (Johnson). For example, if buyers want to purchase more than sellers want to sell, then buyers will offer a higher price, and price increases will stop only when the price is high enough so that buyers want to purchase only that amount that is available (Johnson).
Because many want to work, have family, but no degree; a lot of businesses open their doors when they can monetarily! “By setting an artificial minimum on wages, lawmakers unintentionally raise the unemployment of the most disadvantaged and make it nearly impossible for teenagers and other unskilled citizens to enter the labor pool,” says Stephen Chapman spouting openly concerning the argumentative pay raise(3 Meisner, et al). When the hourly wages go up the small business doors tend to close. Raising the minimum wage does nothing for them other than causing the cost of living to go up, and causes them to pay a little more in income tax. Just those two ideas alone put them having less money in the aftermath of the raise, than they did before this cold remnant of fairness hits too