The Economy vs the Enviroment
Yoveta Adams
12/14/12
English 1101 9:00 A.M.
Essay # 6
The Economy vs. the Environment The unemployment rate is almost nine percent, the value of the American dollar is steadily declining, and the housing market is far from stable. It is undeniable that the American people need jobs. TransCanada, “a leader in North American energy production” (Canadian Business Resource) and its subsidiary, TransCanada Pipelines Limited has a seven billion dollar plan to create jobs by extending the already existing Keystone Pipeline. The Keystone pipeline harvests oil from the tar sands in Hardesty, Alberta then runs the crude oil to Patoka, Illinois. The plan is to extend the pipeline from Hardesty to run through Montana, South Dakota, Nebraska, Kansas, and Oklahoma to finally end in Port Arthur, Texas where it can be refined. According to TransCanada, this can potentially create thousands of jobs including:
13,000 Americans to construct the pipeline-pipefitters, welders, mechanics, electricians, heavy equipment operators, among other jobs-in addition to 7,000 manufacturing jobs…. And additionally local businesses along the pipeline route will benefit from the 118,000 spin off jobs Keystone XL will create through increased businesses for local goods and service providers. (TransCanada)
That’s a lot of jobs. Not only that, this can help to reduce our dependency on outside sources to supply us with crude oil, according to Chris Sorenson that this “36 inch diameter pipeline could Adams
Page 2
Potentially triple the existing pipeline capacity to 1.3 million barrels per day” That’s great! Not only will this create over a hundred thousand jobs, it can also help lower the price of gas, considering it won’t be coming from middle east, it will be coming from our neighbors to the north. So why has President Barack Obama, decided to push back the decision to approve or deny the extension until after the 2012 election? Many republicans, including Speaker of the House, John Boehner
12/14/12
English 1101 9:00 A.M.
Essay # 6
The Economy vs. the Environment The unemployment rate is almost nine percent, the value of the American dollar is steadily declining, and the housing market is far from stable. It is undeniable that the American people need jobs. TransCanada, “a leader in North American energy production” (Canadian Business Resource) and its subsidiary, TransCanada Pipelines Limited has a seven billion dollar plan to create jobs by extending the already existing Keystone Pipeline. The Keystone pipeline harvests oil from the tar sands in Hardesty, Alberta then runs the crude oil to Patoka, Illinois. The plan is to extend the pipeline from Hardesty to run through Montana, South Dakota, Nebraska, Kansas, and Oklahoma to finally end in Port Arthur, Texas where it can be refined. According to TransCanada, this can potentially create thousands of jobs including:
13,000 Americans to construct the pipeline-pipefitters, welders, mechanics, electricians, heavy equipment operators, among other jobs-in addition to 7,000 manufacturing jobs…. And additionally local businesses along the pipeline route will benefit from the 118,000 spin off jobs Keystone XL will create through increased businesses for local goods and service providers. (TransCanada)
That’s a lot of jobs. Not only that, this can help to reduce our dependency on outside sources to supply us with crude oil, according to Chris Sorenson that this “36 inch diameter pipeline could Adams
Page 2
Potentially triple the existing pipeline capacity to 1.3 million barrels per day” That’s great! Not only will this create over a hundred thousand jobs, it can also help lower the price of gas, considering it won’t be coming from middle east, it will be coming from our neighbors to the north. So why has President Barack Obama, decided to push back the decision to approve or deny the extension until after the 2012 election? Many republicans, including Speaker of the House, John Boehner