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.

Government of Morocco on Tar Sands 'potential' in Morocco.

This is a government ministry of Morocco report. Moroccans refer to tar sands and oil shale almost interchangeably, and even refer to Alberta's giant "oil shale" mines.

--M

Morocco Oil Shale Deposits, an Alternative Oil Source Following Oil Spill in US Golf
Thursday, May 20 2010 11:43

China's tar sands plans no concern

China's oilsands plans no concern
By Markus Ermisch, Calgary Sun
June 9, 2010

China’s increased appetite for Alberta’s oilsands shouldn’t ring alarm bells in Ottawa, says a market observer.

“Supply will always be controlled by the country where the supplies are,” Tim Marchant, a professor of energy and geopolitics at the International Institute for Resource Industries and Sustainability Studies, said during a panel discussion at the Global Petroleum Show in Calgary on Tuesday.

Tar sands output set for takeoff, CAPP predicts

Oil sands output set for takeoff, CAPP predicts

New projects to boost production as they return from backburner

By Dina O'Meara, Calgary Herald June 10, 2010

CALGARY - New oilsands projects and investments have changed Canada's long-range supply picture for the better, according to a new industry report.

The emergence of several new players in Alberta's oilsands will lift overall crude production between 2020 and 2025, a period that wasn't expected to see any production gains in last year's forecast, the Canadian Association of Petroleum Producers said Wednesday.

Foreign workers earn ‘substantially’ less than 'Canadians'

Foreign workers earn ‘substantially’ less than Canadians

June 08, 2010

Nicholas Keung

Temporary foreign workers earn substantially less than their Canadian counterparts and their most common jobs are as live-in caregivers, housekeepers and cleaners, says a new report.

Almost 30 per cent of Canada’s 265,000 non-permanent residents at the time of the 2006 census, including foreigners here on work permits and student visas, had been in Canada for at least five years, according to the Statistics Canada study released Tuesday.

Gulf spill's ripples felt at petroleum show

Gulf spill's ripples felt at petroleum show

Oilpatch Keeping Tabs On Leak

By Dan Healing
Calgary Herald
June 9, 2010

The subsea wellhead display at the FMC Technologies booth at the Global Petroleum Show in Calgary is a tiny, perfect, clean representation of what a deepsea drilling environment should be.

But the display, with spindly threads representing pipes and cables leading from bright yellow miniature wellheads to ships and platforms floating above on a plate of glass, was designed long before the horrors of the BP oil catastrophe in the Gulf of Mexico.

China out front at Calgary oil show

China out front at Calgary oil show
June 9, 2010
CBC News

Chinese companies were well represented at the World Petroleum Show, which runs June 8 to 10 in Calgary.Chinese companies were well represented at the World Petroleum Show, which runs June 8 to 10 in Calgary.

As the world's top players in the oil and gas industry gather in Calgary for a high-stakes trade show, the largest contingent and most impressive displays are from China.

Canada tar sands industry hits back at critics

Canada oil sands industry hits back at critics
By Bernard Simon in Toronto
June 9 2010
Financial Times

Alberta’s oil sands industry has vigorously defended itself against an attack by Lush, the UK-based cosmetics group, in a sign of a more aggressive approach being taken by oil sands producers towards their critics.

Dave Collyer, president of the Canadian Association of Petroleum Producers (Capp), issued a statement accusing Lush of distorting the industry’s environmental record.

ERCB report shows 14 percent growth in Alberta tar sands production in 2009

ERCB report shows 14 percent growth in Alberta oil sands production in 2009
by: Government of Alberta | Jun 5th, 2010

June 5, 2010

Alberta’s Reserves 2009 and Supply/Demand Outlook 2010 – 2019

Fast Facts

Bitumen Reserves and Production

Greenpeace divided on Boreal Forest Agreement

Greenpeace divided on Boreal Forest Agreement
Leaked conference call obtained by the Vancover Media Co-op exposes divergent views on CBFA

by Vancouver Media Co-op

» Download file 'gp_damage_control.mp3' (3.9MB) by going to the website:
http://vancouver.mediacoop.ca/audio/3573

A leaked discussion between Greenpeace staff obtained by the Vancouver Media Co-op indicates the group is preparing damage control related to the Canadian Boreal Forest Agreement, which was announced on May 18.

Big Jump in Tar Sands Oil Tankers in Vancouver's Port

Big Jump in Oil Tankers in Vancouver's Port

Flow of tar sands crude to Burrard Inlet rising, and will more than double: Kinder Morgan.

By Mitchell Anderson, 3 Jun 2010, TheTyee.ca

The proposed Enbridge Gateway pipeline to Kitimat is stirring strong public opposition to the super tankers it would attract along British Columbia's northern coast.

But a bigger risk may lie in the steeply rising number of oil tankers already plying B.C.'s coast -- up nearly 50 per cent in just two years -- to handle the growing flow of tar sands petroleum from Alberta.

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