Keystone Pipeline Xl Project : The Second Largest Oil Reserves

1597 WordsJun 12, 20167 Pages
KEYSTONE PIPELINE XL PROJECT Canada has the second largest oil reserves and is a major producer and exporter. This attribute comes with great demand for faster means to get the oil produced to different areas where it is needed. The Keystone Pipeline XL project is however one of such means, created to transport oil from Alberta, Canada and the Bakken Shale Formation in the United States to Steele City, Nebraska for onward delivery to Cushing, Oklahoma, and refineries in the Gulf Coast area. The United States is the world’s top crude oil consumer. According to U.S Energy Information Administration, in 2015, the United States consumed a total of 7.08 billion barrels of petroleum products, an average of about 19.4 million barrels per day. This essaying will portray what the Keystone Pipeline XL project is about, the potential benefits and who supports its construction, it will also look at the opposing side; the potential negatives and who is against its construction. Here, I will consider the steps that can be taken to minimize potential negative impacts and to ensure environmental sustainability of the project. After reviewing the potential benefits and costs of this project, I will then render my own decision and conclude. Keystone Pipeline XL project consists of a “ 36-inch pipeline (that stretches 2,000 miles) and related facilities that would allow for transport of up to 830,000 bpd of crude oil from the Western Canadian Sedimentary Basin (WCSB) in

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