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.
Published on 10 Jan 2008 by Energy Bulletin. Archived on 20 Jan 2008.
Peak oil: Why is it so difficult to explain/understand?
by Martin Payne
After several years of partial success in explaining the physics-based phenomenon sometimes known as “Peak Oil”, this author has come to one conclusion: Peak Oil is difficult to explain, and it is difficult for most people to understand.
Feds say Keystone won’t harm environment
Janell Cole N.D. Capitol Bureau
Published Friday, January 18, 2008
BISMARCK — The TransCanada Keystone Pipeline “would result in limited adverse environmental impacts” in North Dakota and other states it will pass through, the U.S. government says.
The State Department has released its final environmental impact statement on the project, though it will still accept public comment until approximately Feb. 11, then issue a final order, according to a cover letter to “colleagues and stakeholders” dated Jan. 11.
The Dirty Dilemma of Canadian Crude
Tar sands oil comes at an environmental cost. But blocking it from the U.S. may make matters worse
By Damian Joseph
January 21, 2008
Globalization is Fueling Global Warming
by Les Leopold
AlterNet (December 28 2007)
As global warming negotiations move from Bali towards a worldwide
treaty, it is important to address how global warming and global trade
work hand-in-hand.
Globalization is to global warming what warm water in the Gulf of Mexico
waters was to Hurricane Katrina. And, unless we wisely limit rapidly
accelerating global trade, we will see equally disastrous and deadly
results - worsening global warming and a continued chemical poisoning of
our world.
Greenland Opens to Oil Firms
Associated Press 01.14.08, 4:50 PM ET
HOUSTON -
Rising temperatures are giving Greenland the opportunity to tap into billions of barrels of oil and gas trapped under ice.
EcoJustice: Stelmach Goes to Washington; Controversial Kearl Tar Sands Project Goes to Court
Hard Times Sold in Vending Machines
Worker migration from Atlantic Canada to the tar sands
January 8, 2008
by Stuart Neatby
The Dominion - http://www.dominionpaper.ca
by Ralph Nader, Nader.org
AlterNet (January 08 2008)
While many impoverished American families are shivering in the winter
cold for lack of money to pay the oil baron their exorbitant price for
home heating oil, ex-oil man, George W Bush sleeps in a warm White House
and relishes his defeat of the Congressional attempt to get rid of $15
billion in unconscionable tax breaks given those same profit-glutted oil
companies like ExxonMobil when crude oil was half the price it is today.
This is the same George W Bush who, calling himself a "compassionate
First Nations vow to occupy eastern Ont. site to block uranium mining
Keith Leslie, THE CANADIAN PRESS Published Friday January 11th, 2008
TORONTO - Aboriginals in eastern Ontario warned Friday that they would ignore a court order and illegally occupy the site of a proposed uranium mine north of Kingston later this month unless the province calls a halt to the project.
The Peak Oil Crisis: Storm of the Century
by Tom Whipple
Falls Church News Press (December 27 2007)
A "Perfect storm" refers to the simultaneous occurrence of events which,
taken individually, would be far less powerful than the result of their
chance combination. Such occurrences are rare by their very nature. --
Wikipedia
In recent weeks we have been bombarded with reports of perturbations in
the mortgage/liquidity crisis that is creating havoc in the financial world.
The travails of the "financial industry", as it is called these days,
