Government Regulation of the Oil Industry: Keystone Pipeline Essay

The sand pedigree has been in news for several months and has been the undefendable of scrutiny, political bantering and environmentalist activism. samara Pipeline is a transcontinental man-made oil project that runs from Canada to the Gulf Coast. formulation of such a pipeline bears galore(postnominal) risk associated with ecosystem disruption and environmental hazards. president Obama blocked the pipelines accompaniment noting several studies that the pipeline would have adverse impact on air and pissing supplies. Its original route crosses the Sandhills in Nebraska, the king-size wetland ecosystem, and the Ogallala Aquifer, one of the largest reserves of fresh piss in the world. The Ogallala Aquifer spans eight states, provides drinking pissing for two million people, and supports $20 meg in agriculture.A major disclose could ruin drinking water and emaciate the mid-western U. S. economy. (Source WikiPedia) Almost by default, the opposition society rebutted the pr esidents decision claiming he was a killer of stemmas. Studies completed for Keystone has demonstrated that approximately 2,000 employees would be demand to complete the pipeline and about 25% of that would be permanent employment. In my fool the potential environmental exist outperform the economic ones in this situation.Keystone supporters drift the necessity in its construction to lop our dependence on foreign imports for nada. The cost to extra the sand, refine it to a immediately synthetic oil, transport it across dry land by far produces more energy than will actually be use in its life cycle. Government regulation, in this instance, has proven mildly effective. Given that we ar now in an election season, this job destroying vote may come indorse to bite.