Economics drive tar sands operations. Record highs in oil prices, though still fluctuating, will make tar sand oil ‘economical’ (read: profitable) well into the future. Government subsidies to this environmentally disastrous process remain in place from a time when the federal government was sponsoring research into the possibility of recovering this oil. Stock prices of tar sands developers grow the more conventional oil is scarce.
Stop the Tar Sands Oil Rush
What's New
Major oil companies want to use Illinois as a major artery for bringing dirty tar sands oil from Canada to the U.S. market — with enormous consequences for our local environment and our global climate.
Background
Exxon Mobil CEO takes aim at environmentalists
Claudia Cattaneo, Financial Post
Thursday, May 29, 2008
DALLAS -- Rex Tillerson, chairman and chief executive of Exxon Mobil Corp., the world's largest oil-and-gas company, came out swinging Wednesday against the environmental movement, arguing the science of climate change is far from settled and that his company views it as its "corporate social responsibility" to continue to supply the world with fossil fuels.
Deep Well Purchases 6 New Sections of Land in the Peace River Area
EDMONTON, ALBERTA, May 28, 2008 (MARKET WIRE via COMTEX) ----Deep Well Oil & Gas, Inc. and its subsidiaries ("Deep Well") (PINK SHEETS: DWOG) are pleased to announce that they have purchased another 6 sections in the Peace River area.
WoodMac: US refiners, pipelines invest in Canadian tar sands
By OGJ editors
HOUSTON, May 30 -- The projected growth of Alberta oil sands production, which has in place some 1.75 trillion bbl of resources, is triggering a wave of investments, said Wood Mackenzie Ltd., Edinburgh.
Alaska governor recommends TransCanada's pipeline bid
ANNE SUTTON
The Associated Press
May 22, 2008 at 6:39 PM EDT
JUNEAU, Alaska — — Alaska Governor Sarah Palin on Thursday recommended that state lawmakers approve a proposal from TransCanada Corp. [TRP-T] to build a natural gas pipeline from Alaska's North Slope to a hub in Alberta.
Total postpones oil sands project by a year or more
Shaun Polczer, Calgary Herald
Published: Wednesday, May 28, 2008
CALGARY - Total is pushing the start-up date for its Joslyn integrated oilsands mine back at least a year.
Istead of coming onstream in 2012, the project will now start producing "before 2015" Total Canada president Mike Borrell said today.
Total is seeking to be Canada's next integrated oilsands producer with an open pit mine and upgrading complex near Fort McMurray.
In addition, it owns half of the Surmont thermal project in partnership with ConocoPhillips.
Construction Nears For Keystone Pipeline
The start of construction is getting closer for an oil pipeline that could be built just 50 miles from the Hyperion project.
Officials with the Keystone crude oil pipeline say landowners with easements will be told when construction will get underway.
Sarah Metcalf of Aberdeen says land agents will make sure everyone is on the same page before they break ground and will even escort folks if they want to view the construction.
The tentative start date for the more than $5 billion project is later this summer.
Life, Liberty, Water
by Maude Barlow
As climate change and worldwide shortages loom, will people fight over water or join together to protect it? A global water justice movement is demanding a change in international law to settle once and for all the question of who controls water.
Northern Gateway Pipeline a Go
Fri, 2008-05-23 17:42.
Local News
THE ENBRIDGE NORTHERN GATEWAY PIPELINE PROJECT IS A GO AHEAD ACCORDING TO THE PROJECT'S VP OF PUBLIC AND GOVERNMENT AFFAIRS STEVE GREENAWAY. THIS ALL DESPITE THE OPPOSITION THEY'VE FACED BY ABORIGINAL GROUPS AND CONCERNED ENVIRONMENTALISTS.
KITIMAT MAYOR RICK WOZNEY IS LOOKING AT THE OTHER SIDE OF THE COIN TOWARDS THE ECONOMIC BENEFITS THE PROJECT COULD BRING TO A REGION THAT HAS SEEN A MAJOR DECLINE IN EMPLOYMENT AND POPULATION.
THIS WEEK GREENAWAY MET WITH KITIMAT MAYOR AND COUNCIL TO DISCUSS THE CURRENT
Shell 'selling suicide' by preferring tar sands to wind
Terry Macalister // The Guardian // Wednesday May 21 2008
Shell was accused yesterday of "selling suicide on the forecourt" by pressing ahead with tar sands operations in Canada and continuing to flare off excess gas in Nigeria while pulling out of renewable schemes such as the London Array - the world's largest offshore wind scheme.
