The Paper

Topics: United States, Economy of the United States, Petroleum Pages: 3 (1133 words) Published: May 16, 2013
The Keystone Pipeline (Where? and What?)
According to the article, “Keystone XL: The Pipeline To Energy Security”, “The Keystone XL Pipeline ("Keystone XL") represents one of the most promising economic opportunities currently available” (Terry, 2012). The quote above is very much what the people of the United States would unarguably desire to hear. So the question is: What is the Keystone Pipeline, and where will it be located? The answer to the first question is, The Keystone pipeline system consists of existing and proposed pipelines and related facilities that carry crude oil from the tar sands of the West Canadian Sedimentary Basin ("WCSB") around Hardisty, Alberta, Canada to refining markets in the United States” (Slade, 2012). Also, “The Keystone XL Pipeline Project is a proposed 1,179-mile (1,897 km), 36-inch-diameter crude oil pipeline, beginning in Hardisty, Alta., and extending south to Steele City, Neb. This pipeline is a critical infrastructure project for the energy security of the United States and for strengthening the American economy” (TransCanada, 2012).

Economical Problems that the Keystone Pipeline will Change
The Keystone Pipeline is a breakthrough for the American economy. Due to the fact that, at the present time the use and accumulation of oil is affecting our economy, climate and future of our great country, United States of America. It is true that the United States of America has for generations been an oil dependency country. Very much so that, “the United States imported 4 million barrels of oil a day—or 1.5 billion barrels total—from “dangerous or unstable” countries in 2008 at a cost of about $150 billion” (Lefton, Weiss, 2010). Therefore, it’s easy to conclude that the economics of the United States rest upon the importation of foreign oil. The safety of our country is at risk because the Unites States of America imports the majority of our oil from foreign countries. Most of which are very dangerous and unstable, which...
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