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 Set to Run Through Nebraska

This pipeline is being challenged by the Alberta Federation of Labour and is now approved to help offset the increased capacity needed for the Tar Sands to continue to grow, such as the recently approved Kearl Project-- now Federally litigated against by groups such as the Pembina Institute and Sierra Legal. Stop these pipelines and stop the tar sands; Stop the tar sands and stop the Keystone pipeline. Imperial Oil is also pushing for the Mackenzie Gas Project, where the energy would help this Kearl Project send oil into the Keystone pipeline. Break the chain and stop them all.

-M

National Post: MGP Defeated, Alaskan Over-the-Top Pipeline an "optimistic scenario".

Clip:

"If the project in its current form is indeed on its last legs, it's nothing to be proud of. It would be one of the first energy megaprojects in Canada to fold at such an advanced stage due to cost increases, aboriginal sabotage and federal red tape.

Sierra Legal, Others Suing Alberta over Latest Tarpit Approval

Sierra Legal Suing Alberta over Latest Tarpit Approval
Environmental groups sue over Kearl project

http://www.theglobeandmail.com/servlet/story/RTGAM.20070330.wkearl0330/B...
Canadian Press

CALGARY — A coalition of environmental groups has launched legal action in Canada's Federal Court to try to overturn recent regulatory approval of Imperial Oil Ltd.'s massive Kearl Oil Sands project in northern Alberta.

"Canada Stocks Rise, Led by Suncor, as Oil Soars on Iran Tension"

When the US/UK make more threats towards Iran, tarsands are worth more. They
want more tarsand oil in order to finish their wars in the Middle East.
It's a perfect match!

Macd

Canada Stocks Rise, Led by Suncor, as Oil Soars on Iran Tension

By John Kipphoff
http://www.bloomberg.com/apps/news?pid=20601082&sid=adQeqn9rXq8c&refer=c...

March 28 (Bloomberg) -- Canadian stocks fell for a second day, led by
Manulife Financial Corp., after a U.S. durable goods report renewed
concern that Canada's biggest trading partner may slow, and Federal

Big Enviro Groups ‘Holding Back’ Anti-Warming Movement

Big Enviro Groups ‘Holding Back’ Anti-Warming Movement
Some critics call the best mainstream proposals too little, too late

by Megan Tady

The Dominion - http://www.dominionpaper.ca
First published in the US by The NewStandard

The heat is on environmental groups and politicians to churn out proposals
for stabilizing the planet’s rising temperatures, but some
environmentalists say existing plans to cool climate change are timid.
Their criticism reveals a rift between two approaches: preserving the
American way of life at the expense of quicker solutions, or changing the

Tar Sands to Need 20 Candu Nuclear Plants in northern Alberta

Don't let their fluffy title get one hung up. Here's the great news from within this article:

"It [panel] concluded that almost 20 nuclear reactors would be needed just to meet the production growth planned to 2015."

Nuclear energy, all the fresh water and all the natural gas to get the oil by taking out the forests and polluting the air to send bitumen south to Texas and Louisiana! Long live tar sands! Human rights are so twentieth century...

Macdonald

Canada wary of nuclear power for oil sands
Wed Mar 28, 2007 6:09 PM EST

Oil spikes $5 on rumors of Iran attack

Oil spikes $5 on rumors of Iran attack

After-hours contract briefly jumps 8 percent on rumors that Iran fired on U.S. warships; navy denies story, crude falls from highs.
March 27 2007: 9:15 PM EDT

NEW YORK (CNNMoney.com) -- U.S. crude futures briefly spiked over $5 a barrel in electronic trading late Tuesday on rumors that Iran fired on U.S. Navy warships.

Crude gave up most of those gains according to one trader after reports of a confrontation were denied.

Alberta Federation of Labour: "...tell the oil companies: Enough is enough"

Money for Fort McMurray welcome, but pace of oil sands development is still the "elephant in the room"

Stelmach needs to find courage to tell oil companies: enough is enough

EDMONTON, Feb. 26/2007
CNW/ - New funding announced today to address growth pressures in Fort McMurray is welcome but is yet another example of the Alberta government treating the symptoms and ignoring the root causes of the disease, says Gil McGowan, president of the Alberta Federation of Labour.

Ted Stevens Trying to Streamline Alaska Highway Pipeline

This pipeline will also, along with the Mackenzie Gas Project, be used at least in large part to feed the energy needs of the tarsands in Alberta. To state that since the energy would be consumed in the US means it really isn't shipping out American gas to non-American sources would be a direct admission of the irrational yet oil-dependant need to go after the tarsands, would it not?

That could go bad in a lot of ways. Let's just talk about something else, like sending the gas to the lower 48. We could believe them.

But that ignores the bidders public, "investor read here" plans:

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