Keystone Pipeline Case Study

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There are environmental and economical factors that need be considered into the decision of whether or not to approve the construction of the Keystone Pipeline XL. My personal opinion based on a strictly economical standpoint would be to approve it, reason being; it would create construction jobs and increase the supply of crude oil to the refineries in Texas. Thus, improving our economy. According to Kennedy from CBS News, “If Keystone were approved, (James Bambino of Platts, a provider of energy, petrochemicals, metals and agriculture information) thinks it would likely raise the value of Canadian crude oil, while pushing the global price of crude lower because of the increased supply.” (Kennedy para. 8)
Is becoming energy independent

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