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.

Keystone Pipeline Blocked From Crossing Texas Farm

Keystone Pipeline Blocked From Crossing Texas Farm
February 15, 2012

DALLAS (AP) — Owners of a northeast Texas farm have obtained a court order to block TransCanada from crossing the farm with a proposed pipeline planned to carry Canadian oil to refineries along the Texas Gulf coast.

If Gateway pipeline can't go to Kitimat then we'll re-examine Rupert, says Enbridge CEO

If pipeline can't go to Kitimat then we'll re-examine Rupert, says Enbridge CEO

By Alan S. Hale - The Northern View
February 10, 2012

The CEO of Enbridge inc., Pat Daniel, says if his company isn't able to build the Northern Gateway Pipeline to Kitimaat, the company would examine the possibility of having the Pipeline go to Prince Rupert instead.

Canadian Natural's tar sands plant off line

Canadian Natural's oil sands plant off line-source
Factbox: Keystone XL dominates energy, environment agenda

Tue Feb 7, 2012

By Jeffrey Jones and Scott Haggett

CALGARY, Alberta, Feb 7 (Reuters) - Canadian Natural Resources Ltd's Horizon oil sands plant in northern Alberta is shut down for unplanned repairs and could be off line for two to three weeks, a source with knowledge of the situation said on Tuesday.

The outage pushed up U.S. oil prices and pressured Canadian Natural shares, which fell as much as 5.2 percent. By early afternoon they were down C$1.69, or 4.2 percent, at C$38.59 on the Toronto Stock Exchange.

Magical thinking

Magical thinking
Salt Lake Tribune
Updated Feb 8, 2012

It’s appropriate that Gov. Gary Herbert, in attacking a federal proposal to restrict the amount of public land available for oil shale and tar sands mining, should accuse the Bureau of Land Management of waving a “bureaucratic magic wand.” Because all the proposed rule would do is cut back on the amount of land where people would be allowed to carry out some magical alchemy that no one yet knows how to do.

Talk about hocus-pocus.

Tar Sands Represents Bonus and Risk to Great Lakes

Tar Sands Represents Bonus and Risk to Great Lakes

Connected by Pipeline from Canada, Tar Sands Represents Bonus and Risk to Great Lakes
Tuesday, 07 February 2012
Circle of Blue
Jacob Wheeler

Transporting and processing corrosive crude raise new questions about consequences
BP is spending nearly $4 billion to expand and modernize its Whiting, Indiana refinery to process tar sands oil from Canada - an investment that has helped to make the Great Lakes Basin both a center of commerce in the two nation’s oil production boom and a target of rising environmental risks to the largest system of fresh surface water in the world.

Tar Sands Destroying Wolf & Caribou Populations In Canada

Tar Sands Destroying Wolf & Caribou Populations In Canada

by Beth Buczynski
February 7, 2012

Extracting oil from tar sands (aka oil sands) is detrimental to human health in a number of ways. It drastically increases greenhouse gas emissions, continues our society’s addiction to fossil fuels, and puts soil and water quality at risk.

But these aren’t the only threats posed by tar sands projects like the Keystone XL pipeline.

Possible tar sands pipeline to Portland worries environmental groups [Maine]

Possible tar sands pipeline to Portland worries environmental groups
By Matthew Arco
Feb 08, 2012
Portland Daily Sun (Maine)

Environmental groups fearing that talks to pump "incredibly destructive" crude oil from Canada to Greater Portland are once again resurfacing, are opposing the project even before one is officially put in writing.

Too Much Energy Used to Mine, Move Bitumen Says BC Firm

Too Much Energy Used to Mine, Move Bitumen Says BC Firm

'Energy Return on Investment' hard to justify says P.G.-based engineering
analyst.

By: By Geoff Dembicki 6 February
2012, TheTyee.ca

A B.C. engineering consulting firm claims it has hard numerical proof that
Enbridge's Northern Gateway proposal augurs poorly for the future of modern
society.

The Prince George-based C.J. Peter Associates
Engineeringcame to this conclusion after
performing an EROI analysis on the
$5.5-billion project.

Huge BC rally in Prince Rupert protests Northern Gateway pipeline

Huge BC rally in Prince Rupert protests Northern Gateway pipeline
By Lynn Herrmann
Feb 5, 2012
Digital Journal

Prince Rupert - A huge rally took to the streets on Saturday in British Columbia’s Prince Rupert, opposing Enbridge’s proposed Northern Gateway pipeline which would transport Alberta tar sands to Kitimat, primary access point along the province’s northwest coast.

Canada's tar sands emerging as an energy heavyweight

Canada's tar sands emerging as an energy heavyweight

By SYED RASHID HUSAIN

Published: Feb 5, 2012

ARAB NEWS.

The energy world is in a transition. It is undergoing a major metamorphosis. New energy frontiers are cropping up and the global energy map is changing fast. Of these new emerging global energy centers, the landlocked province of Alberta in Canada, with its rich resource base, stands out in more than one ways. Many say Calgary, its most important city, is the Dhahran of tomorrow or at least the equivalent of it.

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