Economics

Tensions Boil as Israeli Oil Riches Grow
News From Around the World
Monday, June 25, 2012
Ed DeShields

Israel’s once hidden oil riches are now certain to be so large its treasures could make it the richest oil country in the world. And, its neighbors are not only noticing, they’re boiling mad.

It was just forty years ago when Golda Meir, the former prime minister of Israel once famously quipped, “Why did Moses lead us to the one place in the Middle East without oil?”

Well Prime Minister, Moses turned out to have a pretty good eye for what a promised land might look like.

Alberta Premier Says No Money For BC
By Ben Meisner
Wednesday, August 15, 2012

Alberta Premier Redford has made it clear, once again, that her government is not prepared to hand over any royalties to the province of BC for the movement of oil from the tar sands for shipment offshore.
Redford made the comments yesterday in Vancouver. At the same time she suggested that there is little point in her meeting with Christy Clark, her BC counterpart, to discuss the issue further.

B.C. newspaper tycoon proposing $13-billion oil refinery for Northern Gateway oil

By GORDON HOEKSTRA,
VANCOUVER SUN
August 17, 2012

VANCOUVER - B.C. community newspaper tycoon David Black proposed today building a $13-billion oil refinery near Kitimat to use all of the crude from Enbridge's controversial Northern Gateway pipeline.

It would mean tankers would ship refined fuels like gasoline off of B.C. northwest coast, not heavy oil from Alberta, reducing environmental risks, says Black.

A refinery also promises 10 times as many jobs as an export pipeline.

Kazakhstan will squeeze oil from sand and clay
Sunday, 08.07.2012
Tengri News

Kazakhstan wants to start extracting oil from sand in 2013, deputy Director of the Scientific-Research Institute of New Chemical Technologies and Materials of Al-Farabi Kazakh State University Valentina Yemelyanova told Tengrinews.kz.

Tar Sands Giants’ Sneaky New Playbook Revealed

By Climate Guest Blogger on Jul 7, 2012 at 10:46 am

by Tony Iallonardo, via National Wildlife Federation

Polluters seem to have drawn the wrong lesson from the Keystone XL controversy. Rather than temper the headlong rush to exploit tar sands, they’re getting sneakier.

Another First Nations community says no to [Gateway] pipeline

QMI Agency
Toronto Sun
First posted: Sunday, July 08, 2012

A B.C.-based First Nations community has added its name to the list of opponents of the proposed Northern Gateway pipeline.

Following a ceremony Saturday, the Tsleil-Waututh Nation signed the Save the Fraser Declaration, an indigenous law ban on tar sands pipelines through First Nations traditional territories.

Canada favors tech cooperation with J'lem
By SHARON UDASIN
Jerusalem Post
06/27/2012

‘Israel is a hotbed of innovation, technological activity,’ Canadian resources minister says before meeting with Uzi Landau.

With Canada’s widespread experience in natural resources regulation and development and Israel’s eminence as an innovation hub, the two countries would make ideal partners for collaborative advancement in both traditional and renewable energy fields, a Canadian minister told The Jerusalem Post on Monday.

Invest in Israel's epic oil and gas boom
Mike Kapsch, Investment U
7/5/2012

When I think of Middle Eastern nations with massive oil and gas reserves, Israel isn’t a country that comes to mind… ever, really.

After all, Israel still imports 99% of its oil and 70% of its natural gas.

In fact, for the last 60 years, energy companies there have basically drilled one dry hole after the next.

But that’s all getting ready to change in the coming years thanks to new drilling capabilities.

Map of pipeline route across Vermont

Will tar sands oil flow through Vermont?

by Craig Idlebrook | June 19, 2012
Vermont Digger

Editor’s note: A companion story to this piece, Environmental groups push for preemptive halt to oil transit, by Alan Panebaker, was published on VTDigger.org today.

More BS than Bitumen Flowing From Alberta After Third Recent Spill
by Damien Gillis l The Canadian.ca

A story in yesterday's Edmonton Journal on the latest pipeline spill in Alberta, this one near Elk Point, was more full of crap than the province's rivers and farms are full of oil these days.