Oil Sands Truth: Shut Down the Tar Sands

Peak Oil

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.

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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.

Keystone Pipeline Set to Run Through Nebraska

This pipeline is being challenged by the Alberta Federation of Labour and is now approved to help offset the increased capacity needed for the Tar Sands to continue to grow, such as the recently approved Kearl Project-- now Federally litigated against by groups such as the Pembina Institute and Sierra Legal. Stop these pipelines and stop the tar sands; Stop the tar sands and stop the Keystone pipeline. Imperial Oil is also pushing for the Mackenzie Gas Project, where the energy would help this Kearl Project send oil into the Keystone pipeline. Break the chain and stop them all.

-M

National Post: MGP Defeated, Alaskan Over-the-Top Pipeline an "optimistic scenario".

Clip:

"If the project in its current form is indeed on its last legs, it's nothing to be proud of. It would be one of the first energy megaprojects in Canada to fold at such an advanced stage due to cost increases, aboriginal sabotage and federal red tape.

"Canada Stocks Rise, Led by Suncor, as Oil Soars on Iran Tension"

When the US/UK make more threats towards Iran, tarsands are worth more. They
want more tarsand oil in order to finish their wars in the Middle East.
It's a perfect match!

Macd

Canada Stocks Rise, Led by Suncor, as Oil Soars on Iran Tension

By John Kipphoff
http://www.bloomberg.com/apps/news?pid=20601082&sid=adQeqn9rXq8c&refer=c...

March 28 (Bloomberg) -- Canadian stocks fell for a second day, led by
Manulife Financial Corp., after a U.S. durable goods report renewed
concern that Canada's biggest trading partner may slow, and Federal

Somba Ke: The Money Place

Somba Ke: The Money Place
by Macdonald Stainsby
http://mrzine.monthlyreview.org/stainsby031206.html
MRZine December 03/2006

Not many discuss contemporary geopolitics in a way that brings together both the Manhattan Project of the 1940s and today's global Risk-like die rolls for energy resources, but the producers of the documentary Somba Ke: The Money Place have made a film that does precisely that.

Oil spikes $5 on rumors of Iran attack

After-hours contract briefly jumps 8 percent on rumors that Iran fired on U.S. warships; navy denies story, crude falls from highs.
March 27 2007: 9:15 PM EDT

NEW YORK (CNNMoney.com) -- U.S. crude futures briefly spiked over $5 a barrel in electronic trading late Tuesday on rumors that Iran fired on U.S. Navy warships.

Crude gave up most of those gains according to one trader after reports of a confrontation were denied.

Ted Stevens Trying to Streamline Alaska Highway Pipeline

This pipeline will also, along with the Mackenzie Gas Project, be used at least in large part to feed the energy needs of the tarsands in Alberta. To state that since the energy would be consumed in the US means it really isn't shipping out American gas to non-American sources would be a direct admission of the irrational yet oil-dependant need to go after the tarsands, would it not?

That could go bad in a lot of ways. Let's just talk about something else, like sending the gas to the lower 48. We could believe them.

But that ignores the bidders public, "investor read here" plans:

CEP asks Court to overturn Keystone Pipeline Decision

The only thing that is not understood for public consumption is that Enbridge and Trans Canada are not really in competition. These pipe plans, when taken into account along side the recent US nudge to the Federal Government of Canada to heighten production by five times, are not competing but rather complementary with the other pipelines being proposed to move heavy bitumen. This is an indicator of the sheer size of these plans, the scope of the tarsands and what we must do to really effect stopping them.

Ottawa to phase out tax break for tarsands producers

SHAWN MCCARTHY

Globe and Mail Update

OTTAWA — Finance Minister Jim Flaherty moved Monday to end a much-criticized tax break for oil sands producers, but softened the blow to the industry by providing a long lead time for the changes.

In his budget speech, the Finance Minister announced the government will phase out the accelerated capital cost allowance which allows oil sands producers to quickly write off the cost of their investment for income tax purposes.

Building Pipelines for Tarsand oil to Texas, Okla. & Louisiana

These plans are happening in the wake of the document-- only leaked, not for the public-- calling on the Federal government of Canada to quintuple tarsands development. Allowing the continuation of the tarsands process means allowing this infrastructure construction, as well. After all, if the water and the land is destroyed to feed a market, the oil must get to that market. Stopping these pipelines is part of stopping the tarsands.

A moratorium is not enough.

Enbridge Plans Expansion of Pipelines
http://www.dogwoodinitiative.org/newsstories/enbridgeplansexpansion
Feb 06, 2007