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.
Fort McMurray: Economic centre of Canada?
Claudia Cattaneo Jun 5, 2012
Financial Post
Fort McMurray, economic centre of Canada? Torontonians and the rest of the country had better get used to the idea. The Canadian economy will increasingly spin around the northern Alberta oil town if an industry forecast that shows Canada’s daily volumes will more than double to 6.2 million barrels a day by 2030, largely from the oil sands, proves right.
Canada to be among top three oil producers by 2030
By Yadullah Hussain, Financial Post
June 5, 2012
Canada could emerge as the top three or four oil producer in the world by 2030 thanks to rising oil sands supply, according to an industry forecast which focuses more on the possibilities that lay before the Canadian oil industry rather than its substantial challenges.
Alternative title: "This is why we fight tar sands pipelines."
Oil producers urged to solve pipeline constraints
SHAWN McCARTHY
Ottawa — The Globe and Mail
Jun. 05 2012
Canadian oil producers are facing a pipeline crunch that could limit the industry’s vast development plans as early as 2015, but face a long and increasingly bitter battle to expand their capacity to ship crude to market.
An Oil Industry Witch Hunt in Canada Threatens Us All
Posted: 06/01/2012
Huff Post
Big Oil and the Canadian government are showing their true colors these days, and what an ugly spectacle it is. Not content to squeeze tar sands oil profits from Canada's boreal forest, the industry and the Harper regime are working overtime to squelch free speech in this once-vibrant democracy.
Cenovus plans new technology at oil sands project
Wed May 30, 2012
Reuters
CALGARY, Alberta (Reuters) - Cenovus Energy Inc (CVE.TO: Quote) said on Wednesday it won regulatory approval for its third major steam-driven oil sands project, a joint-venture development in which it will test new production technology aimed at getting more tar-like oil out of the ground.
Jordan finalises deal for first oil shale plant
by Taylor Luck | Jun 02,2012 |
Jordan Times
AMMAN — Jordan has reached an agreement for the country’s first oil shale-fired power plant in what energy officials are calling a “milestone” in the country’s drive for energy independence.
Authorities announced on Saturday that Jordan has reached an agreement with Estonian-Malaysian consortium Enefit to construct a 460-megawatt (MW) oil shale power plant within the next four years, in what is to be the first electricity station utilising the alternative energy resource in the entire region.
Note: This basically outlays the death of any EU plans to deal with climate, even if they were hopelessly weak to begin with, but more importantly it lays bear the death of allowing campaigns to decide "strategically" to focus on certain areas to the death of others. Many environmentalists have allowed and basically brought this to fruition because there has been little to no energy put behind fighting fracking north of the 49th parallel. Sad but true.
--M
Gas rebranded as green energy by EU
![The great pipeline battle [The Economist]](http://oilsandstruth.org/sites/oilsandstruth.org/files/eco.png)
Energy in Canada
The great pipeline battle
The energy industry and Stephen Harper’s government try to ensure tar-sands oil gets to market
May 26th 2012 | OTTAWA
The Economist
Oil sands company raises $11M, will start 1st US commercial production of tar sands in Utah
The Republic (Indiana)
May 24, 2012
SALT LAKE CITY — A tiny Canadian company says it has raised enough money from a stock offering to start producing oil from Utah's tar sands for a first-of-its kind project in the U.S.
U.S. Oil Sands Inc. says it raised $11 million from the offering and plans to start digging a 62-acre pit in eastern Utah this summer. Environmental groups fear it could lead to widespread destruction of public lands in the Rocky Mountain region.
Settlement Reached In BP Tar Sands Controversy
By Network Indiana
Posted May 24, 2012
A settlement has been signed that will cut emissions from the highly-polluting tar sands oil project in Northwest Indiana.
The controversy over state air pollution permits to expand British Petroleum’s refinery in Whiting, Indiana is coming to an end. A precedent-setting settlement has been signed that will cut emissions from the highly-polluting tar sands oil project and provide stronger air quality protections for Northwest Indiana residents.
