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Pros and cons of natural monopoly
Pros and cons of natural monopoly
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More handpicked essays just for you.
Pros and cons of natural monopoly
Pros and cons of natural monopoly
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Recommended: Pros and cons of natural monopoly
The Keystone XL Pipeline is a transmitter for Canadian oil to be sold across the world. Land and nearly all risks lie within the U.S. yet there is no significant benefit to the economy. There is too little to gain and too much to economically risk by allowing the construction of the XL
Canada should not allow The Enbridge Northern Gateway Pipeline to go through as it poses to many environmental and ecological risks. Pristine areas across central and northern BC, including the Great Bear Rainforest, are under threat if the Enbridge Northern Gateway Pipeline is put into service. In the end, the concerns over the BC pipeline outweigh the possible benefits the pipeline may result in. The Canadian oil and gas company Enbridge, proposed the Northern Gateway project as a solution to transport 525,000 barrels of crude oil per day.
Controversy Surrounding the Keystone XL Pipeline To build or not to build, this choice will impact the relationship between the US and Canada and determine the level of dependence the US will have on countries that are not so friendly. “TransCanada’s proposed Keystone XL Pipeline would transport oil sands crude from Canada and shale oil produced in North Dakota and Montana to a market hub in Nebraska for delivery to Gulf Coast refineries. The pipeline would consist of 875 miles of 36-inch pipe with the capacity to transport 830,000 barrels per day” (Parfomak, Pirog, Luther and Vann 4). The construction of the Keystone XL Pipeline would strengthen the United States economy, provide energy security and have minimal environmental impact. “The Keystone XL project would create $1.1 trillion in private capital investment at no
For my research paper this fall I will be talking about Senator Jon Tester's voting habits on the Keystone XL Pipeline. The Keystone XL Pipeline was a bill passed by the Senate by a vote of 62 to 36. This bill would allow the oil to be ship from Alberta to Illinois and then to Texas to be refined and sold. Jon Tester was one of the sixty-two members who supported the Keystone Pipeline because of its benefit on Montana's jobs and economy. However, Jon Tester has also spoken about how Montana and the United States needs to work towards cleaner energy alternatives.
In my opinion I am against the pipeline. The negative effects out way the positives of the pipeline. To begin with, there isn't a real need for the pipeline, so why spend billions of dollars on a pipeline that isn't needed. The cost of the pipeline is extremely high whereas the pipeline might not actually be worth that much to the residents here. There would be taxes and fees that the residents and the business owners would have to pay to pay for the pipeline that could be avoided.
Native Americans have a right to live on their own reservations. A major pipeline is about to made through their reservation. I know that the people are furious with this. The pipeline would destroy historic sites. I have proposed a solution to this problem.
This government in America that people praise and protect everyday, has flaws and people who are corrupt. A recent example would be the Dakota Access Pipeline. Native Americans have been discriminated against since the pilgrims first arrived. Forced to move west due to the white settlers taking over the their territory and kill many who refuse to do what they say, caused the Native Americans to lose their land and dreams. This is similar to what is happening today.
The pipeline crosses through the water and sacred ground for native tribes such as the Standing Rock Sioux tribe. People argue that if the pipeline goes through water, it could contaminate the water. A solution to this problem could be changing the route or destination of the pipeline so that it will not cross through water or sacred grounds. This will stop protests. It will cost extra money and time, but I believe that with the long term effects that the Dakota Pipeline will provide, it will be worth it.
Kristi Loper, Thank you for keeping me informed and reminding me about my commitment. I would love to receive more information from the Southern Asia Pipeline about service opportunities during the summer of 2018. Due to the fact that I am currently enrolled in a mission trip to share the good news of Christ with the children of Taiwan this summer. However, I would like to start searching for next summer 's mission trip now. This experience of finding and funding a mission trip has taught me a lot.
The environmental argument is coming from a clash over the fact they are basically stripping the canadian boreal forest, the path of the pipeline extends across major aquifers, and pipelines tend to leak and destroy surrounding environments. In addition ccording to The Center for Climate and Energy Solutions State, “epartment’s draft SEIS found that oil from the Canadian oil sands is 17 percent more carbon-intensive than the average oil consumed in the United States... It is estimated that the U.S. greenhouse gas footprint would increase by 3 million to 21 million metric tons per year, or around 0.04 percent to 0.3 percent of the 2010 levels, if Keystone is built. Fortunately on November 6, 2015, President Barack Obama’s administration rejected the Keystone Pipeline XL after 7 years of dispute. As mentioned in the Wall Street Journal, Obama stated “the project would not have lowered gas prices, improved energy security or made a meaningful long-term contribution to the economy
Tennessee Gas Pipeline Company is one firm that has some features of a monopolist though that may not make it have absolute monopoly in the natural gas market in the entire Tennessee. TGPL controls important resources in the natural gas sector. In addition, the company enjoys economies of scale courtesy of its extensive pipeline network (11,800 miles) and huge underground storage capacity. Being one of the oldest natural gas companies in the United States, TGPL has several patents and licensing that protects it from other close competitors. However, TGPL cannot be said to be a monopolist because the industry has other producers with significant market share and therefore have the ability to influence the prices in the market.
Building the pipeline while many people are opposed to it is like lighting a candle inside while it’s already sunny outside, not only is the government gonna waste resources they're not looking for another solution to help the economy. First of all it's never right for someone to take or build on someone's property, the Natives and Aboriginals were most likely the first to find and live on North America the longest. The government should get their consent first before we build on their land, we should always keep their ideas in mind. Secondly like Aboriginals and many other people we are all worried about the environment we should always focus on the environment more than the economy, we live on earth and we should always take care of it.
“Benefits of Governmental Compromise Regarding the Dakota Access Pipeline” Nations all have unique governments and differences necessary for demonstrating successful leadership. Every country needs different assistance from their leadership, such as Rio requiring infrastructure or Somalia lacking political power. Some governments concern themselves with their politicians’ well-being more so than the people they lead, which creates a relevant problem in America. The United States Government can easily forget about Native American Reservations, or even ignore the people living on them. Recently, the United States Army Corps of Engineers has worked on the Dakota Access Pipeline project, which would cross over Native American ancestral lands,
TAPS transports 17% of the United State’s domestic petroleum. If the pipeline were to stop, “A loss of that production would increase prices by at least 10 to 16 percent” (Balan). This is very important, as the majority of the American population is in constant need of these resources. A shift this dramatic in the economy would lead to outrage and possible changes in economic inflation. All in all, the Trans Alaska pipeline has provided for a great number of people and has not failed to let them down.
1.0 INTRODUCTION In an economy, there exists different market structures to accommodate different industries and firms. This study will be made to understand in further depth the market power of different market structures, and in particular an example of using case studies of agricultural sector of the French markets to explain how an ideal perfectly competitive market works. This will then be further strengthened with several references linked to the case study. 1.1 Monopoly market