Description

Oil has become an integral part of people's day-to-day activities. To meet the growing demand, TransCanada has proposed a pipeline project to transport tar sand crude oil from the Western Canadian Sedimentary Basin to refineries in the United States. This Market Insight discusses the impact the oil sands have on the U.S. economy, environmental concerns associated with it, and energy security. Further this research analyzes the issue from political and indigenous community standpoint and offers strategic recommendation to address the concerns associated with the project.