Oil Sands Truth: Shut Down the Tar Sands

Energy

Energy and how it is captured and consumed is barely viable in tar sands production. While the amount of oil in places such as the tar sands in Alberta or the Orinoco Belt in Venezuela may have deposits of similar size to the reserves of countries such as Saudi Arabia or Iraq, the return of new energy after expending energy in production is not even close. In Iraq, the process of using one barrel of oil generates 100 new barrels. In the tar sands, estimates of 3 to 1 and even as low as 1.5 to 1 have been made. Offsetting the net energy loss would require minimally 25-30 tar sands facilities for one Saudi plant operating at the same capacity.

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China National Petroleum Co. starts Exploring in Tar Sands

CNPC Signs Canadian Oil-Sands Agreement
2007-07-02
The Wall Street Journal
http://english.cri.cn/3130/2007/07/02/262@244638.htm

In a sign of the expanding international ambitions of China's oil companies, China National Petroleum Corp. has bought the rights to explore for oil in Canada.

The state-owned parent of Hong Kong- and New York-listed PetroChina Co. will develop an oil-sands field that is estimated to contain about two billion barrels of a thick and hard-to-process form of oil called bitumen.

Alberta Clipper Project: more pipes for more tar sand bitumen

July 6, 2007

Clipper pipeline hearing set Nov. 5
http://dcnonl.com/article/id23517
CALGARY

The National Energy Board has scheduled a hearing on an application from Enbridge Pipelines Inc. to construct and operate the Canadian portion of the Alberta Clipper Expansion Project.

The Canadian portion of Alberta Clipper would involve the construction and operation of approximately 1,074 km of new 914 mm outside diameter (36-inch) oil pipeline between Enbridge’s Hardisty Terminal and the Canada - United States border near Gretna, Manitoba.

TransCanada Enlarges proposed Capacity of Keystone Pipeline

TransCanada boosts size of planned Keystone line
Tue Jul 3, 2007 11:43 AM EDT138
http://ca.today.reuters.com/news/newsArticle.aspx?type=businessNews&stor...

CALGARY, Alberta (Reuters) - TransCanada Corp. (TRP.TO: Quote) said on Tuesday it plans to boost the capacity of its proposed Keystone oil pipeline from Alberta to the U.S. Midwest to 590,000 barrels a day, from 435,000 barrels, after shippers committed to sending more crude on the line.

'NOT VIABLE': CEO weighs inflation impact on projects in Canada, Alaska.

Exxon frets over Arctic gas pipeline cost
http://www.adn.com/money/industries/oil/pipeline/story/8934914p-8834883c...
'NOT VIABLE': CEO weighs inflation impact on projects in Canada, Alaska.

By WESLEY LOY
Anchorage Daily News

Published: May 31, 2007
Last Modified: May 31, 2007 at 06:16 AM

Exxon Mobil Corp.'s chief executive told stockholders Wednesday that rising costs to build pipelines to exploit Arctic natural gas from Alaska and Canada possibly could red-light the projects as uneconomic.

Gulf Times/ Qatar: Tar Sands as 'Alternative' to Venezuela

Anyone else noticing a pattern here?

Tar Sands Tanker Traffic 'under radar' along BC Coastline

Oil tanker traffic ‘under radar’ along B.C. coastline
http://www.ladysmithchronicle.com/portals-code/list.cgi?paper=18&cat=23&...
By Brennan Clarke
Black Press
Jul 03 2007

VICTORIA – Increasing oil tanker activity in B.C.’s northern waters has West Coast NDPers calling on Ottawa and Victoria to “formalize” a long-standing moratorium on tanker traffic and offshore exploration.

Petro-Canada Plans C$26.2 Billion 'Oil-Sands' Project

http://www.bloomberg.com/apps/news?pid=20601082&sid=ayjHX7wsn1WA&refer=c...

Petro-Canada Plans C$26.2 Billion Oil-Sands Project (Update7)

By Ian McKinnon

June 28 (Bloomberg) -- Petro-Canada, the third-largest oil company in Canada, and its partners will spend C$26.2 billion ($24.6 billion) on an oil-sands project in northern Alberta that's one of the world's most costly energy developments.

NDP and Environmentalists decrie tanker traffic- Gas Headed to Tar Sands

http://www.goldstreamgazette.com/portals-code/list.cgi?paper=12&cat=23&i...

NDP decries tanker traffic

Environmentalists and the NDP want the federal government to block passage of oil tankers, such as this one, along B.C.’s coast.
By Brennan Clarke
News staff

Jun 29 2007

Environmentalists allege federal Conservatives turning blind eye to moratorium

Increasing oil tanker activity in B.C.’s northern waters has West Coast NDPers calling on Ottawa and Victoria to “formalize” a long-standing moratorium on tanker traffic and offshore exploration.