Proposed Keystone XL Pipeline from Canada to Gulf Coast Research Paper

Proposed Keystone XL Pipeline from Canada to Gulf slide - Research Paper ExampleIt summarizes key arguments for and against the billet presented by the notes developers, federal agencies, environmental groups, including other stakeholders. Finally, this report points out the reasons why the remainder of this objectify has not been approved and how politics has influenced this approval. How potential the project is to be approved after the just concluded November U S presidential election?The Keystone Pipeline is a project designed for transportation of synthetic crude oil from northbound Albertas oil field in Canada, to various destinations in Texas US. The Keystone XL extension of this pipeline was proposed in 2008. In September 2009, the hearings started, with the extension project being approved on March 11, 2010 by the Canadian National Energy Board. However, the issue became politicized and has faced several lawsuits and rigorous criticism from citizens and environmentalist s groups. The development of the pipeline came to a standstill in November 2011 as an ultimate decision was postponed into 2013.The pipeline is owned by TransCanada Pipeline- a Canadian cogency company. Founded in 1951 in Calgary, the company is a leading North American energy company developing and operating energy infrastructure in North America. It has a pipeline profits of approximately 59000km. TransCanada signed contracts with Bakken oil producers to carry oil from the keystone region through the keystone pipeline. This project would be operational by 2013 if the Keystone XL Pipeline received regulatory approvals. The project seeks to two-base hit the capacity of the initial keystone pipeline system by connecting it with the US gulf coast. This will strive possible the delivery of an estimated 1.1 million barrels of Canadian crude oil to the US market insouciant (http//stateimpact.npr.org).The proposed route would start from Hardisty, Canada and connect to the existing net work in Steele city, Nebraska until Cushing, Oklahoma,