Alberta hopes to reap benefits as world focuses on Suncor-Petrocan
By Carrie Tait, Financial Post
May 30, 2009
The tarsands are only economical at a certain price per barrel. The attacks on Iraq and Somalia, along with threats against Venezuela, Iran and elsewhere all combine to drive that price up. This significantly leaves the US economic structures able to tighten their control on oil distribution around the world as they de-diversify their oil imports to heavy reliance on tarsand (mock) oil, growing in percentage at a incredible pace. Canada is ever more integrating this (mock) oil into the North American grid, at the behest of both Canadian and American corporations. While Iraq's oil is disrupted often, Canada has no national reserve system and the corporations are aiming to extract up to 25% of American economical daily requirements from the tarsands in less than a decade. With NAFTA Expanding into the "Security and Prosperity Partnership" (SPP) more and more of these policies become removed from the public realm and help maintain exploitation and war on the planet and people within it by a tag team of nation-states from North America.
Alberta hopes to reap benefits as world focuses on Suncor-Petrocan
By Carrie Tait, Financial Post
May 30, 2009
2nd June 2009
Are Private Corporations Entwined in Olympic Security?
Olympics Watch
by Tim Groves
Canada's plans to involve US Government agencies in security for the 2010 Olympics may lead to US corporations, like Mircosoft and Boeing gaining access to Canadian security information. Top Canadian security officials have traveled to US military bases, security conferences, and congressional hearings in order to keep US officials abreast of planning in Canada.
Suncor's boldest move yet
Claudia Cattaneo, Calgary Bureau Chief, Financial Post
Friday, May 29, 2009
Taking quantum leaps has been the hallmark of Suncor Energy Inc. under the leadership of Richard George.
But Suncor's boldest move yet -- the $19.2-billion takeover of Petro-Canada -- may be approved next week, when shareholders vote on Mr. George's plan to form one of Canada's largest companies and the dominant player in the oil business.
Canada not yet ready for China
Claudia Cattaneo, Financial Post
Published: Wednesday, June 03, 2009
China and Canada have talked about developing a mutually beneficial energy relationship for a long time. Yet China seems to have made significant oil and gas investments everywhere but Canada, while Canada seems to have seen an influx of significant foreign investment in energy from everywhere but China in recent years.
Study: Melting Arctic Likely Holds up to 160 Billion Barrels of Oil
Michael Andrews - June 1, 2009
New study shows yet another potential benefit of a warmer planet [sic]
USGS CARA Concludes 13% of Worlds Undiscovered Oil, 30% of Undiscovered Gas in the Arctic
Caraoil
The US Geological Survey (USGS) has completed a geologically-based assessment of the oil and gas resource potential of the Arctic, the Circum-Arctic Resource Appraisal (CARA). (Earlier post.) The researchers in the effort concluded that about 13% of the world’s undiscovered oil and 30% of the world’s undiscovered gas may be found there, mostly offshore under less than 500 meters of water. A paper on the work was published in the 29 May issue of the journal Science.
ALBERTA IN TIE-UP WITH OPEC
Province will get voice in energy discussions
Claudia Cattaneo, Financial Post
Published: Monday, May 25, 2009
Chris Schwarz, Canwest News Service
For the first time, Alberta and the Organization of Petroleum Exporting Countries have established an official relationship. It's a new strategy with big implications, including potential investment by OPEC members in Canada's oil sands.
Should green-minded Norway invest in Canadian oil-sands?
Last week, Greenpeace failed in its bid to force Norway's StatoilHydro to abandon a $2 billion investment in a project that it says produces 10 times the greenhouse gases as North Sea drilling.
By Tom Sullivan | Contributor to The Christian Science Monitor
from the May 27, 2009
Stockholm, Sweden - It came as little surprise when Norway's partially state-owned oil company, StatoilHydro, rejected a shareholder motion last week to pull out of a $2 billion tar-sands venture in Alberta, Canada.
Cloudy forecast
Harper kicks up trade storm over U.S.'s ambitious low-carbon fuel rules
Alice Klein
Now Toronto May 25, 2009
It’s been a bad political week for the tar sands. Publicly, the Tories are still clinging to the cupid face they pulled on when U.S. President Barack Obama touched down in Ottawa this winter, but they’ve just pulled out the big, fat arrows and are aiming low.
As U.S. climate initiatives rev into real action, it shamefully ain’t our love that we Canucks are sending stateside.
Tar sands' climate threat, security promise both exaggerated -- report
By NATHANIAL GRONEWOLD, Greenwire [NYTimes]
Published: May 22, 2009
NEW YORK -- Further development of Alberta's famous oil sands will be neither the climate disaster that activists fear nor the energy security panacea that proponents suggest it is, the Council on Foreign Relations concludes in a new report.