Posted: March 6th, 2014
(A)Â Â Â Â Â Â Â Â Â Â Â Â Â From an economic standpoint, what are the likely costs and benefits
associated with the President’s decision insofar as the actual construction of the pipeline inside the United States is concerned?   (Ignore its subsequent use.)
(B)              Let’s move to the future.  Suppose the pipeline now is in operation.  Now, who bears the expected economic costs and benefits of the operation of this pipeline?  I.e., who benefits and who pays what costs?
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