Economics

Utah’s tar sands
By mike duncan
Mar 09 2011
Salt Lake Tribune

Tar sands are no longer a what-if. This water-intensive mining may be coming to Utah soon, and what it could become is a big deal indeed.

Unlike gas wells, extracting oil from sand is neither quiet nor unobtrusive. Despite admirable efforts to minimize water use and reduce water pollution, the industry uses considerable water and generates wastes, especially if pipelines are built and field refineries established to avoid trucking the thick oil.

Jordan inks $1.8-bn oil shale deal with British firm
2011-03-09 23:10:00

Amman, March 9 (DPA) The Jordanian government Wednesday signed a $1.8 billion concession agreement with the Karak International Oil (KIO), a subsidiary of Britain's Jordan Energy and Mining Ltd, for the production of crude from Jordanian oil shale deposits.

A signatory to the agreement is also Polysuis AG, a subsidiary of Thyssenkrupp Group of Germany, which will prepare the designs, and install and maintain the equipment for the project.

It’s Well Past Time to Start Taking Peak Oil Seriously
by Jeremy R. Hammond
February 27, 2011
72Share

The Difference Between Oil Reserves and Supply

Monday | March 07, 2011

Oil discoveries versus oil consumption bar graph

The following article appeared in the March7, 2011 edition of Peak Oil Review, published weekly by the Association for the Study of Peak Oil USA. I thought EV World readers would find it of value.

Military members push for pipeline

Daily Progress, Jacksonville, TX

March 5, 2011

Meagan O'Toole-Pitts Jacksonville Daily Progress The Jacksonville Daily Progress Sat Mar 05, 2011, 02:11 PM CST

JACKSONVILLE — The American GI Forum of Texas and 66 military veterans urged Secretary of State Hillary Clinton to grant TransCanada a Presidential Permit to allow construction of the Keystone XL pipeline expansion this week, aiming to reduce the nation’s dependency on oil in the Middle East.

Horizon slow to resume production; damages may hit $400 million

By Shaun Polczer, Calgary Herald
March 4, 2011

CALGARY - Canadian Natural Resources on Thursday said it will take longer than expected to get its fire-damaged Horizon oilsands project back to full production.

Green groups call for more review of pipeline

By JAMES MacPHERSON
More from BusinessWeek
March 3, 2011
BISMARCK, N.D.

The U.S. government must evaluate the additional impacts of allowing domestic crude on a proposed pipeline designed to carry Canadian tar sands oil to refineries along the Gulf Coast, a coalition of environmental groups has said.

B.C. may face unprecedented native unrest if rights ignored

TEX ENEMARK,
VANCOUVER SUN
MARCH 3, 2011

In an article in The Sun Feb. 14, ("The Skeetchestn say enough already"),
Rich Deneault, the Skeetchestn Band chief served notice that the way
business and governments ride roughshod over native rights in British
Columbia has to come to an end, or face the consequences, which may not be
pretty.

He says, very bluntly, "In the days ahead, those companies and agencies
that have not acted honourably will be receiving letters from us, advising

Why the BBC's 'impartial' stance on climate science is irresponsible

Sceptics too often go unchallenged when they make inaccurate and misleading statements on BBC programmes
Bob Ward
Thursday 3 March 2011
guardian.co.uk

A bizarre performance by former TV presenter Johnny Ball on Wednesday's edition of The Daily Politics show has once again highlighted the BBC's unsuccessful struggle to balance accuracy and impartiality when it comes to climate change.

The government of T&T is now openly pushing the expansion of Tar Sands bitumen extraction to include their small island. The link below is to a pamphlet put out only a couple of weeks back. Anyone who knows people in T&T should immediately raise the alarm as to what is actually taking place, and not allow this development-- the most destructive in the world-- from entering through the backdoor on this spectacular island.

http://www.energy.gov.tt/content/244.pdf