Peak Oil is starting to be understood across a broad spectrum, but the direct connection between peak oil, climate change and the American market-led attempt to squeeze all energy out of Alberta cannot be overstated. The smaller the global supply of oil gets, the more CO2 has been emitted and the more climate change will have advanced. This leads to more interest in the tar sands—because the profit margin goes ever higher the fewer alternatives there are for petroleum. Without Peak Oil bearing down on humanity, no economical reason would exist to produce this energy intensive, low-output petrol.
Exxon 'loses' Venezuela nationalisation case
World's biggest oil company receives ten per cent of what it demanded in a dispute over the planet's "largest" deposit.
Chris Arsenault
06 Jan 2012
Venezuelan President Hugo Chavez has taken a tough line with multinational oil companies [GALLO/GETTY]
Hugo Chavez must be smiling.
Latin oil supplies for U.S. start to dry up
Canadian pipeline can fill gap
By Patrice Hill
The Washington Times
Monday, January 2, 2012
The political and environmental debates swirling around the proposed $7 billion Keystone XL pipeline from Canada to Texas miss a crucial point, energy analysts say: The Canadian oil is needed to replace fast-dwindling production from two other major suppliers of oil — Mexico and Venezuela.
NOTE: warning, this was pulled off of Fox News. :)
Obama, Congress Begin New Year Locked in Keystone Pipeline Dispute
Published January 02, 2012
Associated Press
WASHINGTON – President Obama and Congress are starting the election year locked in a tussle over a proposed 1,700-mile oil pipeline from Canada to Texas that will force the White House to make a politically risky choice between two key Democratic constituencies.
Some unions say the Keystone XL pipeline would create thousands of jobs. Environmentalists fear it could lead to an oil spill disaster.
China Digs Deeper Into Canadian Tar Sands During Durban Talks
Think Progress
By Brad Johnson on Dec 3, 2011
Although China boasts of its green progress, the booming nation is also making major bets on North and South American tar sands, one of the most carbon-intensive fuels on the planet. This play for civilization-threatening energy comes even as the world’s nations jockey over the fragile international climate accords in Durban, South Africa:
Still waiting for word from WH on Keystone pipeline
Chris Woodward - OneNewsNow - 12/29/2011
The clock is ticking for President Barack Obama to either make a decision on the Keystone XL pipeline -- or explain why the plan is not in the nation's best interest.
Dan Simmons, director of state and regulatory affairs at the Institute for Energy Research (IER), thinks it is easy to see why the pipeline should be approved.
Important note: This article originally had the words Oil Shale reversed as "Shale Oil". However, the common use of the term Shale Oil is in reference to fracking to recover oil near or trapped by shale rock; much like the gas released by fracking in Northeastern BC in Canada or the Northeast of the United States (New York, Pennsylvania, etc). Oil Shale extraction is in many ways worse; we do not yet know what the impact on water would be if this were to go into larger scale production, however, we do know that the energy input alone is likely to be astronomical-- in the case of Israel/Palestine, they are talking about a process of heating the rock in the ground for MANY months before a single drop of kerogen (a pre-oil substance, like the more commonly known bitumen) is literally bled out of the rock.
Just in terms of climate change this project is a disaster, never mind the impact on geopolitics, the immediate environment, Palestinian human rights, Israeli human health, etc. this could be a crime on a scale hard to imagine. It is sad to say there may be something worse than tar sands in Canada. And harder to say that it may, in fact, be in the Holy Land-- and the holiest of places within it.
--M
Imperial Oil approves US$8.6 billion expansion to Kearl oil sands mine
By Associated Press
December 21
CALGARY, Alberta — Imperial Oil Ltd. said Wednesday it will go ahead with an $8.9 billion Canadian (US$8.6 billion) expansion to its Kearl oil sands mine in Alberta.
The Calgary-based oil producer and refiner said the second phase of the project is slated to begin producing 110,000 barrels of oil per day by late 2015.
Oil Set to Spike in 2012, Say Analysts
Friday, December 16, 2011
Jason Simpkins
NuWire Investor
[This same Boak is shilling as well for the Israeli plan to decimate parts of the Elah Valley to turn rock into oil using heat, damn the energy input. They are not to be trusted and have no previous record of success, but this is reprinted here as an FYI as to what should come out of the ground vis-a-vis their "ideas". --M]
Oil shale development requires thoughtful, careful dialogue
December 12, 2011 7:56 PM
JEREMY BOAK
GUEST COLUMNIST
Jordan Jumps Forward on Energy Development
Laurie Balbo | December 12th, 2011
Environmental activists united in protest for a second time in six months urging public debate over Jordan’s emerging atomic energy program. Over two dozen anti-nuclear activists protested near Prime Minister Awn Khasawneh’s Amman offices last Saturday, in vocal reaction to a government policy statement reaffirming Jordan’s commitment to nuclear development.
