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Importance of oil in the world
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INTRODUCTION
Almost every single nation in our world today, the United States included, is extremely reliant on oil and how much of it we can obtain. Wars have been started between countries vying for control of this valuable natural resource. The United States as a whole has been trying to reduce its reliance on foreign oil and has had some success, especially with the discovery of the Bakken formation and projects like the Keystone Pipeline.
Projects like the Keystone Pipeline are important as they will allow us to transport more oil than we would be able to in train cars, and grants larger access to oil reserves in the United States and Canada. The Keystone Pipeline itself is an oil pipe line which runs from the western Canadian sedimentary basin in Alberta, Canada to refineries in the United States. These refineries are located in three different main locations: Steele City, Nebraska, Wood River and Patoka, Illinois and refineries located in the gulf coast of Texas.
The pipeline carries three different kinds of oil which are synthetic crude and diluted bitumen, and also a light crude oil. The light crude oil comes from the Bakken formation located in North Dakota and Montana while the synthetic crude and diluted bitumen come from the oil sands in Canada. There are already three phases of the pipeline in operation and a fourth proposed phase which has yet to be built.
The newest proposed phase has been met with mixed feelings. Many companies in industry wish to see the newest phase of the pipeline completed because many believe that it would be very beneficial to almost everyone. One of the biggest benefits that the construction of a new section of pipeline would provide is the large amount of jobs that it would create. The...
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... also include a few maps to help better demonstrate where each part of the pipeline is located.
PHASE 1
Phase one of the Keystone pipeline was the first part of the project to be proposed and constructed and it is also by far the longest. It runs from Hardisty, Alberta to refineries in the United States, located at Wood River and Pakota, Illinois. The section in the United States is 1,379 miles long and the section in Canada is 768 miles long, bringing it to a grand total of 2,147 miles of pipeline. Phase one was operational in June of 2010.
PHASE 2
Phase two of the pipeline is relatively short compared to the rest of the project as it comes in at only 291 miles long. The main purpose of phase two was to route oil from Steele City in Nebraska, through Kansas, and finally down to Cushing, Oklahoma. The second phase’s construction was completed in February of 2011.
A utilitarian approach to this situation would be to not create the pipelines because there are more cons than pros.
This segment consists of the three natural gas pipelines: Panhandle Eastern, Trunkline, and Sea Robin, natural gas storage assets, and the Trunkline LNG terminal. The three pipelines have a total length of approximately 10,000 miles and transport 5.5 Bcf/d of natural gas. The Panhandle Eastern pipeline transports natural gas from the Rocky Mountains and Midcontinent supply areas to...
The installation of the Keystone Pipeline began with Phase One, the installation of 2,147 miles of pipeline stretching from Alberta to refineries in Illinois. The installation and administration of Phase One included the conversion of 537 miles of Ca...
It became a link between Fort Erie, Canada and Buffalo, New York. The bridge is over one mile long, 5,800 feet, and holds three lanes of traffic. The center lane may go north or south depending on the volume of traffic. In 1934, the Great Depression caused a change.
In 1958 Alberta gas finally reached Toronto and imports of Texas gas ended. Canada 's population was booming during the 1950s, and energy scarcities were becoming challenging. Canadian company TransCanada Pipelines Ltd. was incorporated in 1951 to undertake the creation of a natural gas pipeline across Canada. The financing of the project was split 50-50 between American and Canadian interests. This was a substantial operation in Canada because extra work was temporarily available to be able to create the pipeline. Canada has now become a self-sufficient country and stopped relying so much on other countries for oil. This was the activation of not only the Alberta oil industry booming and thriving, but also a nation as a
The oil companies, the customers, and the average employee will not benefit from the construction of this pipeline. If the pipeline does its job, it will take the whole load of oil from Canada to the United States. The other companies which are already responsible for transporting oil will not be required to do their jobs, as it is being done for them. All of these companies will go out of business. With 3 more pipeline plans in place for Canada, people are wondering whether they will ever need to build a new one again. With all of these companies going out of business, many employees will have to be laid off. This will cause insufficient manual labor, thereafter causing a lack of jobs. All the former employees are going to have to find another job. Since they won't have time to prepare in advance, for that time being, they also won’t have any source of income. "In our view, Trans Mountain plus the Keystone pipeline would make the Energy East pipeline less needed," said Divya Reddy, a global energy analyst with the Eurasia Group. "In terms of the production outlook for the oil sands over the next 10 years, it doesn't seem like that extra capacity is actually needed." Nothing is going to happen right away or very fast. So, in the instance that the pipeline doesn’t work, the other companies will still be running. This means both things will still be used. This will cause competition for attention and/or tasks between the pipeline and existing companies. This may draw attention away from the task at hand. “While we forecast continued growth in Canadian oil production, there might be too much pipe if Trans Mountain expansion and Line 3 replacement and Keystone XL all start up by 2020” said Afolbi Ogunnaike, a senior analyst at Wood Mackenzie, in a note. Because of this pipeline, people are going to lose their
This area is known as the Permian Basin. Most of the oil is being produced from rocks
The Keystone Pipeline started construction in 2008 for the main purpose of connecting Canadian and American oil refineries to transport crude oil from the oil sands of Canada faster and more efficient. So far the first three phases of the pipeline have been completed but the proposed and most controversial is Phase IV. It connects Hardisty, Alberta to Steele City, Oklahoma which requires a presidential permit and it also connects the 485-mile southern leg known as the Gulf Coast Project between Steele City and Port Arthur, Texas, which is now operating (Eilperin). The benefits of the pipeline include an increase in jobs, contribute $3.4 billion to the U.S economy and also save time and money from transporting the oil by pipeline instead of tanks and rails. At the same time it would be a great harm to the environment, making the climate unstable, and could cause possible future oil spills. The articles covering the Keystone Pipeline generally list out the same points, covering the same benefits and consequences of building the pipeline. Sources like Fox News and CNS have more of an opposition towards the pipeline and narrow in on the risks and of the effects it would have on the people. Whereas news stations such as CNN and The Washington Post address both sides of the controversy but are subtle about being in favor of the pipeline. The international sources such as Al Jazeera and Reuters oppose the pipeline and are more open with supporting the environmentalists.
Arguments: America is dependent on other nations for their ability to create energy. The United States is the world’s largest consumer of oil, at 18.49 million barrels of oil per day. And it will continue to be that way for the foreseeable future, considering the next largest customer of oil only consumes about 60% of what the U.S. does. This makes the U.S. vulnerable to any instability that may arise in the energy industry. In 2011, the world’s top three oil companies were Saudi Aramco (12%), National Iranian Oil Company (5%), and China National Petroleum Corp (4%).
They should not be constructing the pipeline if that land was given to the native people . The land is sacred to them and by doing this to them it could cause them to be emotional because they feel highly spiritual about the land. This is all about the rights about the Native American people and the ability to calling a place home. The general public fails to understand that the land has a special meaning to the tribe .
U.S. Energy Information Association. "U.S. Total Crude Oil and Products Imports." Eia.doe.gov. Web. 26 May 2011. .
The Dakota Access Pipeline causes irreversible damage to the environment. The North Dakota Pipeline will be placed under Lake Oahe and if the pipeline spills it would contaminate Standing Rocks water supply. The pipeline is 1,172 miles long and it will transport approximately 470,00 barrels of oil per day. If anything were to happen to the pipeline, it will affect the water supply. The Pipeline and Hazardous Materials Safety Administration (PHMSA) has reported more than 3,300 incidents of leaks ruptures at oil and gas pipeline since 2010 (Worland). On December 5, a spill occurred 150 miles from Cannon Ball, North Dakota. State officials estimate 4,200 barrels of crude oil have leaked from the Belle Fourche Pipeline in Billings County. The
After the oil/gas mixture is drawn from the ground, it is then stored into a storage tank and allowed to rest for a while. Then the gas is piped off to a set of distillation columns to clean up the ethane. In order to activate the chemical reaction necessary to separate the ethane, a thermal cracking unit (a sort of long heated tube) i.e. a plug flow reactor is used. After a series of distillations, ethylene exits the tube.
It is even lengthy covering 1075 miles, also the route is quite mountainous and earthquake prone which makes the construction even more expensive. This route is opted in spite of its huge costs and length due to rivalry among nations and political issues involving in BP and US. The “Baku-Ceyhan Pipeline” has a capacity of 1 million barrels per day. After detailed engineering study by Azerbaijan International Operating Corporation (AIOC) led by BP by 2002, the construction began there after by
The Dakota Access Pipeline, a 1,172 mile long underground pipeline spanning from North Dakota to Illinois, is purposed to transport shale oil previously brought in by rail in order to reduce costs and increase readily available feedstocks. Concerns surround the destruction of Native American Indian reservations, sacred burial grounds, and national forests. A total of 55 Native American tribes are affected, most notably the Sioux and Meskwaki tribes. The project was given a construction right-of-way of 150 feet; allowing large portions of this sacred Native American land and national forests to be cleared. The pipeline construction plan also poses risk as the underground pipeline is set to extend under Lake Oahe, a source of clean water for locals. An additional concern for this installation involves political conflicts of interest. President Donald Trump, responsible for the federal authorizations allowing the completion of the project, is a known investor for several companies involved in the pipeline construction and operation giving rise to further