ipl-logo

Transecanada Pipeline Essay

1407 Words6 Pages

TransCanada Pipelines, Ltd, was incorporated by an act of Parliament in 1951 to construct a natural gas pipeline across Canada. The pipeline system was originally constructed to provide for the needs of the Canadian citizens. However, US businessmen saw opportunity in investing in natural gas from Canada and in 1954 the company TransCanada Pipelines was formed by the US. After a few years of business haggling and finally support from the Canadian government, the construction began in 1957. It was not, however, until 1967 that TransCanada Pipelines, Ltd was allowed to extend the pipelines across the Great Lakes into the US (Lehman Brothers Collection). With over 60 years’ experience, TransCanada Pipelines, Ltd, or TransCanada, asserts that …show more content…

In the 2014 annual report, TransCanada listed safe, efficient and value generating operations of the asset base as the first strategic priority. Along with this, the company prioritizes maintaining financial strength and flexibility to grow. Growth is assured through priorities to completed $12 billion in small to medium sized capital projects by the end of 2017. More impressive, TransCanada prioritizes a strategy to complete $34 billon in commercially secured large scale projects by the end of a decade. Finally, TransCanada prioritizes capture of low risk opportunities to add to the growth it seeks (TransCanada Pipelines Ltd. , …show more content…

This is similar to a grocer managing categories of goods such as juices rather than one juice account. TransCanada, using Category Management, determines first whether a category is strategic by considering if the category is a large volume category, if the category provides competitive advantage, if the category is a scarce commodity, etc. (Borgardt, 2015). For example, transmission line pipe is a major purchase item for TransCanada. This is a strategic item. In being strategic, the company will follow the market closely; more so due to the category also being a global commodity. Before making purchases, the supply chain team will consider opportunities or bundling to leverage savings on volume, optimal commodity pricing and delivery windows and other logistics (Borgardt, 2015). In the process of overhauling the supply chain at TransCanada, management has taken note of several important facts. Open communication with key suppliers is beneficial and having long term agreements for most strategic categories is also helpful. Finally, having a single supply chain focused on all activities throughout the company eliminates internal competition (Borgardt,

Show More
Related

Keystone Pipeline Case Study

1248 Words | 5 Pages

The two parties in debate over the pipeline’s border crossing are the U.S. government and TransCanada. TransCanada is one of the continent’s largest providers of gas storage and related services. The company shares they are a leader in the responsible

Read More

Pros And Cons Of Enbridge Northern Gateway Pipeline

1618 Words | 7 Pages

Those who are in opposition of the pipeline can only hope and attempt to persuade the BC government to join the huge majority of British Columbian’s in demanding a stop to the construction and operation of the Enbridge Northern Gateway

Read More

Keystone XL Pipeline Research Paper

628 Words | 3 Pages

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

Read More

Pros And Cons Of The Dakota Access Pipeline Conflict

442 Words | 2 Pages

Another way that Energy Transfer Partners tries to show that their pipeline is environmentally responsible is an infographic on the Dakota Access Pipeline Facts website (which they fund). The infographic shows several other pipelines that currently travel under Lake Oahe, all of which are much more shallow, and therefore less environmentally responsible, than the pipeline that Energy Transfer Partners is proposing (Dakota Access Pipeline Facts, 2017). Both the map and infographic on the Dakota Access Pipeline Facts website are an attempt to qualm people’s fears about the danger of the pipeline. Contrary to what Energy Transfer Partners claims about their reasons for constructing the pipeline, their focus is financial

Read More

How Did The St Lawrence Seaway Affect Canada's Economy

1626 Words | 7 Pages

Canada’s economy has undergone continuous changes throughout the years. Many of these developments include newly established acts, economical, and political reforms; the core of what has shaped the country into what it is today. More prominently, since the 1950s, Canada’s identity as a nation is stronger and more defined due to many of these growths. One can clearly see this from the following examples; the welfare state, the St. Lawrence Seaway, and NAFTA.

Read More

Keystone Pipeline Research Paper

517 Words | 3 Pages

The keystone pipeline has created great debate among the government of the United States and Native American’s living close to where it would be. There have been several attempts by the counter parts to convince the general public what to do. An example of these are the “Reject and Protect” Cowboy and Indian Alliance Anti-Pipeline Ad and the Support Keystone Pro-Pipeline Ad. The Anti-pipeline add starts with images of the Native American’s and Cowboys together. In the background we can hear Native American chants witch could be used to be more sympathetic with the subject.

Read More

Keystone Pipeline Analysis

837 Words | 4 Pages

In recent years in can be noted that civil disobedience is prominent in American culture. This can be portrayed in the recent events of the Keystone Pipeline activists. Many activists have blamed the government for their problems just as Thoreau did in his essay “Civil Disobedience”. There can be a parallel drawn between these two topics even though they have decades between them. In these times it is still logical to believe that civil disobedience is the right course of action.

Read More

Dakota Pipeline Thesis Statement

781 Words | 4 Pages

Thesis Statement and Introduction: In this paper, I will argue that the Dakota pipeline should remain untouched because of the detrimental effects it could have on the citizens in each state, especially within indigenous tribes. The Dakota Pipeline is a 1,172 mile-long underground oil pipeline residing in the United States. It runs in the Bakken shale oil fields in northwest North Dakota and stretches through South Dakota and Iowa to the oil tank farm near Illinois. Together, along with the Energy Transfer Crude Oil Pipeline from Patoka to Nederland, Texas, it forms the Bakken system.

Read More

Supply Chain Simulation Paper

830 Words | 4 Pages

- The strategic level, including designing and redesigning a supplier selection, supply

Read More

What Are The Impacts Of Peru's Economy

750 Words | 3 Pages

The gas pipeline contained approximately 13.4 trillion cubic feet of natural gas and 482 million barrels of natural liquid

Read More

The Pros And Cons Of The Dakota Access Pipeline

1059 Words | 5 Pages

While the numbers may look good on paper in favor of the pipeline, what the builders are not telling people is how excessive and temporary these numbers will

Read More

The Pros And Cons Of Trans Alaska Pipeline

1214 Words | 5 Pages

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.

Read More

Pros And Cons Of Underground Gas Pipelines

1292 Words | 6 Pages

What are the main rationales that actually contribute to the point of views of the pipeline proponents and opponents? Is underground gas pipelines reliable?”.

Read More

Logistics Cost

1088 Words | 5 Pages

Besides, with reducing cost, it is forcing companies to point on increased attention on the relationship with another party in supply chain. It makes the both which is customer and supplier can improve the profitability and

Read More

Modern Supply Chain Concept

1066 Words | 5 Pages

1.0 Introduction Supply chain concept has undergone a process of development. The early view is that the supply chain is an internal process in manufacturing companies, and it refers to a process, which is the procurement of raw materials through the production and marketing process delivered to business users. The concept of traditional supply chain is limited to the company's internal operations, it focusing on corporate self-interest goals. With the further development of the business, the scope of the supply chain expand to the contact with other companies as well as the external environment of the supply chain.

Read More

More about Transecanada Pipeline Essay

Open Document