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Keystone XL Pipeline

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Environmental Science
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Keystone XL Pipeline

What will it cost? Who will it pay? KEYSTONE XL PIPELINE: Analyzing the finances Taylor Lawson Allison Martin Capital Cost Completion aim: 2015 Before construction: $5.2 bill Now: $7 bill Initial Keystone + Keystone XL = $13 bill Maintenance Aside from the 7 billion dollar capital cost.... What if something goes wrong? 3 billion dollars for a single functionality repair Expected Oil Recovered XL: 830,000 bpd + Initial .....? 1.4 million bpd In perspective: the U.S. Uses ~ 20 mill bpd 100% domestic? Sponsors TransCanada - 45 million dollars invested in project (with a pending 4 million more) Bechtel ? paid 1.7 billion dollars for supplies

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