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.
Meetings set in 3 cities on oil shale, tar sands
Feb. 16, 2008 12:09 a.m. MST
Public meetings have been scheduled in three Utah cities to discuss development of the state's oil shale and tar sands resources. The shale and sands resources fall within the jurisdictions of the Moab, Monticello, Price, Richfield and Vernal BLM field offices.
The Bureau of Land Management has set up the following informal meetings:
Big oil's enemy within
The ultimate threat to big oil comes not from green campaigners - but its own shareholders
February 20, 2008 12:15 AM
Tony Hayward
New BP boss Tony Hayward has overseen a reversal of policy towards tar sands.
Business leaders are now pleading with governments for regulation. When did that last happen? Executives usually hate anything that interferes with their freedom of movement. But climate change appears to have changed all that.
Pipeline holdouts unlikely to buckle
By CP
FORT SIMPSON, N.W.T. -- The new leader of the last aboriginal group to hold out against a northern natural gas pipeline says he isn't likely to bring the Dehcho First Nation on board the $16-billion project any time soon.
Gerald Antoine, chosen last week as interim chief, said yesterday he's not convinced joining a consortium of northern aboriginals that would own a one-third share in the Mackenzie Valley project would serve his people's best interests.
Saying Goodbye To The Oil Age
by Peter Goodchild
Countercurrents.org (January 29 2008)
The first practical oil drill was developed in Titusville, Pennsylvania,
in 1859, by Edwin L Drake. Now, only a short while later, the planet
Earth is running out of oil, without which almost nothing in modern
civilization can function. A number of scientists and engineers have
pointed out that the world's oil production will peak early in the
twenty-first century; it has probably already done so. At the beginning
of the century, the human race was using about thirty billion barrels of
Oilsands future looks rosy
Production from unconventional source expected to gain supremacy
John Morrissy, Canwest News Service
Published: 1:31 am
OTTAWA - Canada's oilsands are taking over where conventional oil production left off, with profits in the oil-extraction industry rising 18 per cent to a record $23 billion in 2008 on rapidly rising output from the huge oil reserves, according to the Conference Board of Canada.
ConocoPhillips seeks oil sands cost-cutting
By Bloomberg AP and Staff Reports
2/15/2008
A ConocoPhillips executive says the company would be a "fast follower" if other producers were to successfully use nuclear energy to power Canadian oil-sands operations.
"If they should be successful, we would be fast on their heels," Kevin Meyers, president of the Canadian unit of ConocoPhillips, said this week during an energy conference in Houston hosted by Cambridge Energy Research Associates.
Former chief won't give up uranium mine battle
Posted By Sue Yanagisawa
A former chief of the Ardoch Algonquin First Nations yesterday told Justice Douglas Cunningham that he will continue to resist uranium prospecting on lands claimed by Frontenac Ventures Corp. north of Sharbot Lake, even if it means disobeying an order of the court.
Don't fight the Environmental movement-- Buy your own.
Dear Editors of Winnipeg Free Press
First of all, I thank you for sending a reporter to our Treaty One Press
Conference. I would also like to clarify some of the comments makes
regarding the issue in the article and then for the benefit of the readers
to restate some of the conference information left out of the article as
written by Ms. Welch.
"The First Nations hope to parlay those consultations into a funding deal
that would give the bands a source of revenue, similar to property taxes
collected on the pipeline by rural municipalities."
Chávez's Oil Threats Slick but Not Solid
Halting Exports Would Hurt Venezuela More Than U.S.
Venezuelan President Hugo Chávez, center, has threatened to halt oil sales to the United States.
By Steven Mufson
Washington Post Staff Writer
Wednesday, February 13, 2008; Page D01
