Oil Sands Truth: Shut Down the Tar Sands

Economics

Economics

Economics drive tar sands operations. Record highs in oil prices, though still fluctuating, will make tar sand oil ‘economical’ (read: profitable) well into the future. Government subsidies to this environmentally disastrous process remain in place from a time when the federal government was sponsoring research into the possibility of recovering this oil. Stock prices of tar sands developers grow the more conventional oil is scarce.

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Economics drive tar sands operations. Record highs in oil prices, though still fluctuating, will make tar sand oil ‘economical’ (read: profitable) well into the future. Government subsidies to this environmentally disastrous process remain in place from a time when the federal government was sponsoring research into the possibility of recovering this oil. Stock prices of tar sands developers grow the more conventional oil is scarce.

Enbridge begins early planning of $5-billion Gateway pipeline project

August 6, 2008
Oil and Gas Infrastructure
Enbridge begins early planning of $5-billion Gateway pipeline project
Richard Gilbert // staff writer

The largest private infrastructure project in the history of British Columbia is in the early planning stages.

Enbridge Corporation hopes to construct a twin pipeline and marine facility in Kitimat.

The Gateway pipeline project involves the construction of a petroleum export pipeline, a condensate import pipeline and a marine tank terminal to service both pipelines.

Early estimates peg the cost near $5 billion.

Many hurdles ahead for TransCanada's US$26 billion Alaska pipeline

Many hurdles ahead for TransCanada's US$26 billion Alaska pipeline
August 2008 // The Energy News

CALGARY _ There are still numerous hurdles TransCanada Corp. (TSX:TRP) must clear before it can break ground on its proposed US$26-billion Alaska pipeline, not the least of which is getting shipping commitments from natural gas producers in the region, an analyst said Wednesday.

TransCanada announces plan to expand Keystone pipeline capacity

August 4, 2008
TransCanada announces plan to expand Keystone pipeline capacity
Richard Gilbert
staff writer

A Calgary-based company is expanding its plans to build a pipeline to transport oil from Alberta to the U.S. Gulf Coast, while construction of the project ramps up in both countries.

The Keystone pipeline expansion involves the construction of a 3,200-kilometre, 36-inch crude oil pipeline from Hardisty, Alberta to a delivery point near existing terminals in Port Arthur, Texas.

TransCanada's Alaska pipeline project wins approval by state Senate

TransCanada's Alaska pipeline project wins approval by state Senate
By: THE CANADIAN PRESS

CALGARY - TransCanada Corp. (TSX:TRP) said Friday the Alaska Legislature has signed off on a license for the company's US$26-billion Alaska Pipeline Project under the Alaska Gasline Inducement Act.

"The legislature's decision represents a significant milestone in advancing this major natural gas pipeline project to connect stranded U.S. natural gas reserves to Alaskan and Lower 48 consumers," TransCanada president and chief executive Hal Kvisle said.

Boiling Point!

Boiling Point!
Polaris report finds water in First Nations communities a “violation of fundamental human rights”
by Kim Petersen
July 30, 2008

Neskantaga First Nation is one of the communities profiled in the Polaris report. It has been under a boil water advisory since 1995. “What other community do you know of in Canada that has been on boil water advisory for 13 years?"

In May, the Polaris Institute, a citizen-focused think tank, released Boiling Point!, a report about the “violation of fundamental human rights” occurring in First Nation communities across Canada.

Coal Juice: High Energy Prices Prompt First U.S. Coal-to-Liquids Plant

Coal Juice: High Energy Prices Prompt First U.S. Coal-to-Liquids Plant
Posted by Keith Johnson
Fresh hope for U.S. coal? (AP) July 28, 2008, 1:58 pm

It’s far from clear that higher energy prices are environmentalists’ friend. Though they migh eventually spur clean energy, they’re doing a good bit of the opposite right now.

Increase of Migrant Workers in Canada Opens Door to Abuses

Increase of Migrant Workers in Canada Opens Door to Abuses
By Am Johal, IPS News. Posted July 31, 2008.

Canada's construction boom has brought in thousands of foreign workers. They're being horribly exploited.
Tools

VANCOUVER, Jul 15 (IPS) -- Western Canada's construction boom, spurred on by the 2010 Olympics in Vancouver and oil sands development in Alberta, has led to a massive increase in foreign temporary workers coming to the region.

Oil: Tar sands less damaging than coal, insists Shell

Oil: Tar sands less damaging than coal, insists Shell

· Profits from controversial source increase by 74%
· Group makes $7.9bn as Exxon hits record $11.7bn

* Terry Macalister
* The Guardian,
* Friday August 1 2008

Shell warned environmentalists and ethical investors yesterday that failure to exploit tar sands and other unconventional oil products would worsen climate change because it would lead to the world burning even more carbon-heavy coal.

Enbridge Gateway line gains footing; profit jumps

Enbridge Gateway line gains footing; profit jumps
Thu Jul 31, 2008 9:29pm IST
By Jeffrey Jones

CALGARY, Alberta, July 31 (Reuters) - Enbridge Inc (ENB.TO: Quote, Profile, Research) is making big strides with a multibillion-dollar plan to ship crude from Canada's oil sands to Asia, the pipeline operator said on Thursday as it reported a more than fourfold jump in second-quarter profit.

Enbridge, Canada's No. 2 pipeline company, also boosted its forecast for 2008 earnings. Its shares jumped 4 percent.

N.B. inmates training to be oil rig workers

N.B. inmates training to be oil rig workers
Last Updated: Monday, July 7, 2008
CBC News

Inmates at the Westmoreland Institution in New Brunswick are being provided with the chance to train to be oil workers.

The Dorchester-based minimum-security penitentiary is offering a 20-day course to teach inmates the basics of becoming a roughneck on an oil rig.

A similar program has also been offered to inmates who are on parole and has had a high success rate, said Isabelle Leblanc-Gallant, who is setting up the job training at the institution.

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