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Social and Behavioral Sciences Commons

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Oil, Gas, and Energy

Honors Theses

2014

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Cost Benefit Analysis Of The Keystone Xl Pipeline, Daniel Carr Jun 2014

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 …