Unocal Simac Case

Almost 95 million barrels of oil and fuel are produced each day in order to provide energy and fuel to people the world over. A major component of the oil industry is the transportation of oil through various means including oil pipelines. These pipelines are capable of transporting thousands of barrels of oil thousands of miles per day. In the United States one possible pipeline has caused a lot of controversy and discussion on the impact it will have on the United States. The difficulty in deciding if the Keystone XL Pipeline should be built is in whether the possibility of economic growth outweighs the possibility of environmental destruction. In order to make a decision, one must first look into the history of oil pipelines. It is crucial

The 17 banks are from all around the world, from countries such as France, America, and even Italy. The sponsors are all major banks, for example, Citibank, which is one of the most famous banks in the United States of America. Having fundings from around the world and famous banks make this project even more valuable for the construction workers to build. There are 4 Japanese banks included in the 17 banks that are cooperating with building the pipeline. The 4 banks are The Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank, SMBC Nikkon Securities and Sumitomo Mitsui Bank. People in Japan have limited knowledge on this topic because the Japanese Media such as NHK ignored this, except for Line News. These 17 sponsors make the media avoid talking about the Dakota Access Pipeline because one of the 17 banks may be a member of the media’s sponsors. If the sponsored news organization decided to talk about the pipeline’s protests and that the protesters are being abused even though they are unarmed, the banks will not sponsor the news company anymore. Therefore, media corporations cannot mention the Dakota Access Pipeline for the purpose to protect their

The Keystone Pipeline will provide jobs for the U.S. Since the Keystone Pipeline requires a lot of help and work to be done, that means it will require a lot of workers to help build it. If we do complete the keystone pipeline xl there is an estimated 138.4 million in annual property tax. That money can be used for schools churches and activity centers which therefore will create more jobs. Another advantage to building the pipeline to help create more jobs is that many companies have decided to make the

“In a few decades, the relationship between the environment, resources, and conflict may seem almost as obvious as the connection we see today between human rights, democracy, and peace (Nobel Peace Prize Medalist Maathai 2004).” A Canadian oil company that goes by TransCanada hopes to build an oil pipeline that would extend an enormous 1,200 miles onto an already gargantuan 2,600 mile long pipeline. Keystone XL represents just under a third of the entire Keystone project, and every other piece of pipe has been built and laid out. In fact, TransCanada 's pipeline system is already shipping hundreds of thousands of barrels of crude oil from the Canadian oil sands across the U.S. border -- and into Illinois (Diamond). The current proposal would take the pipeline on a journey all the way through to Texas. Extracting crude oil from oil sands would be enormously problematic for the environment as it causes the pumping of about 17% more greenhouse gases into the atmosphere than standard crude oil extraction. Tar sand oil has levels of carbon dioxide emissions that are three to four times higher than those of conventional oil, due to more energy-intensive removal and refining processes (Friends of the Earth). The construction of the Keystone XL pipeline would stimulate employment, the effects would be temporary and the whole scheme would produce a negative long term outcome. The construction of the Keystone XL pipeline has caused

The Northern Gateway Project is a major pipeline proposed to carry crude oil from the Alberta Oil Sands to Kitimat British Columbia. It will provide temporary jobs for 62,700 people for 10 years and will leave 1,150 long-term jobs after the pipeline is built. Although this is a positive

In the article, “A high-plains showdown over the Dakota Access Pipeline”, Justin Worland addresses the current situation the North Dakota Access Pipeline has brought upon America and its Native American tribes. In particular, the Standing Rock Sioux tribe has a conflict between the Energy Transfer Partners company. Energy Transfer Partners wants to build an oil pipeline near the Standing Rock Reservation. The Sioux tribe is against the project because the oil pipeline will destroy their historical ground and their water source of Lake Oahe.

Right now it has caused an increase in profits for lodging and restaurants that the construction workers have passed through. Though it is increased now that won’t last forever. Once the construction is completed, it will lay off all the workers who are no longer needed and cause a slope in profits for businesses. The pipeline will only supply 40 permanent jobs, so the laid-off workers will have no way to sustain their families. As a family man yourself, wouldn’t you want them to be able to provide their families with the income they need?

“The developed of the pipeline estimate 8,000 to 12,000 construction jobs” (Yan). People fail to realize that these jobs are only temporary. Work like this will not last forever. The impact of losing a job is detrimental. Once the pipeline is completed, all those who were employed will lose their jobs and be put back into unemployment. This potentially negatively affects American home life. These temporary jobs are not sufficient for the American economy. While these people are working, they tend to have more money to buy things. When they lose their job, they are no longer be able to afford it. This causes prices to rise due to a number of people buying stuff, but once those people lose their jobs, they will not have enough money and the economy plummets. This is also known as inflation, which is deleterious to our economy. “‘We're not opposed to energy independence. We're not opposed to economic development,’ Standing Rock Sioux Chairman Archambault II said. ‘The problem we have -- and this is a long history of problems that evolved over time -- is where the federal government or corporations take advantage of indigenous lands and indigenous rights.’” (Yan). The government ignores the pleas of protesters and proceed to take land for economic achievement. Although, the Dakota Access Pipeline does not benefit the country in any

The construction of this pipeline can be seen as a positive because it is providing jobs, an efficient way to transport oil across states, and the use of our own oil. The article, "The Government Quietly Just Approved This Enormous Pipeline" states that "according to the Dakota Access's DAPL fact sheet, the pipeline will create 8,000 to 12,000 construction jobs." Another benefit

If it is built it could create climate change which affects the environment very harshly. Also, there could be a possible risk of a leak in the pipeline making it even more detrimental on the environment. If it is built then it could help the economy and help prices go decrease on products. But on the other hand, the path of the pipeline is making Native Americans give up their sacred land and possibly their water supply if a leaks happens. The pipeline has many different perspectives toward it and how it should be handled; because of this, the pipeline that Obama’s administration has paused the construction of the pipeline. But, Trump is determined to keep it going once he is in office, which is coming to the attention to more protesters. Many of the protesters of the pipeline come from many different backgrounds, social location and religion, but they all think the pipeline will be hazardous. This current event is very controversial, in which there is no side that is right or

The Indians tend to think that the pipe line is far too risky, given the catastrophic effects that an oil spill would have on their way of life. Many influential political figures have lent their voices against the construction of the pipe line. The debate still rages even as the pipeline nears completion, as the ethics of the pipe line is called in to question by many. Many people remember the devastation that the Oil spill did to the ocean, and they would hate for history to repeat itself. Ultimately it comes down to does the needs of the people equal the possible destruction of the environment and the way of life

On June 25th, 2014, a $3.5 billion project was revealed to the public; a 1,172-mile-long oil pipeline that is intended to pump more money into state and local economies. The Dakota Access Pipeline (DAPL) was supported by a natural gas and propane company known as the Energy Transfer Partners. The pipeline’s construction would be carried out by the U.S. Army Corps of Engineers. The people who preach pro-pipeline continue to hype the bountiful construction job opportunities this gives the people in the surrounding areas; however, many of these communities have different feelings towards this development. The Pipeline stretches from the Bakken oil fields of North Dakota to the oil tank farm near Patoka, Illinois, hitting South Dakota and Iowa

As previously mentioned the project is expected to cost more than $3.7 billion and will be funded by the World Bank and the International Financial Corporation. The total costs have two major sections i.e. the Field System of more than $1.5 billion and the Export System at approximately $2.2 billion. The Field System is geared towards the development of Chad's Doba oil fields that includes the construction of related infrastructure and facilities and drilling of around 300 wells. The Export System incorporates the construction of a 670-mile, 30-inch pipeline from Chad's Doba oil fields to Kribi's Atlantic coast in

An ethical dilemma arises when there is a conflict between the interest of the company and the rest of the stakeholders (Withey, 2012). Toyota is a profit making company that released millions of cars into the market without knowing that they could accelerate themselves suddenly. The Congress was mandated to investigate the matter, but 40 out of the 125 members of the relevant committee had received campaign funds from Toyota (BBC Worldwide Americas, Inc., 2015). Toyota had also spent $ 25 million

The Dakota Access Pipeline can be very beneficial for Americans. The pipeline will supply up to 12,000 jobs during construction which will be very helpful for the economy and bring in money for the state of North Dakota and the other states involved. Not only is it brining