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Full-Text Articles in Physical Sciences and Mathematics
Cost Benefit Analysis Of The Keystone Xl Pipeline, Daniel Carr
Cost Benefit Analysis Of The Keystone Xl Pipeline, Daniel Carr
Honors Theses
The Keystone XL pipeline is one of the most controversial topics in North America over the last five years. The debate is based on the trade‐off between Canadian oil sands as a usable energy resource and the environmental effects associated with the extraction and refining of the oil. The green house gasses emitted from the extraction and refining of oil sands produces several environmental concerns that make the proposed pipeline controversial. On the other hand, Canadian oil companies see a significant benefit from the ability of Canadian oil reaching international markets. TransCanada, a 79.99 percent owner of the pipeline, conducted …
Impact Of The Keystone Xl Pipeline On North American Crude Oil Prices, Shawn Ian Stuart
Impact Of The Keystone Xl Pipeline On North American Crude Oil Prices, Shawn Ian Stuart
Honors Theses
This paper determines the economic impact of the TransCanada Keystone XL pipeline project. As the Keystone XL pipeline is extremely controversial it is beneficial to determine the impact on North American crude oil prices. Determining the economic impact the Keystone XL pipeline will have on crude oil prices will be a large detriment of whether the pipeline is economically beneficial. By using spot crude prices from different regions around North America and adding capacity of crude oil transmission from western Canada to southeast United States this paper determines the changes in regional spot crude oil prices. As the economic conditions …