Oil Sands Truth: Shut Down the Tar Sands

Economics

Economics

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.

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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.

1 man's campaign to end B.C.'s offshore drilling ban

The 10-billion-barrel battle

By Dave Simms
CBC News
Friday, November 20, 2009

1 man's campaign to end B.C.'s offshore drilling ban

Henry Lyatsky is a man on a mission.

The Calgary-based oil industry consultant is on a one-man campaign to lift
the moratorium on offshore oil drilling on Canada's West Coast.

While his message gets a sympathetic ear in in his home town, the centre of
Canada's oil industry, his mission is more of an uphill battle in British
Columbia.

At stake are 9.8 billion barrels of oil - enough to supply all of Canada's

"Province blasted for not sticking up for tar sands"

Province blasted for not sticking up for oilsands
By MARKUS ERMISCH, SUN MEDIA
18th November 2009

Alberta's government and energy industry must step up their listless defence of the oilsands and better fund their PR battle against environmental groups, says the president of the Alberta Enterprise Group.

"If we're serious about defending this asset, we need to spend some money on it," Tim Shipton told an industry conference yesterday.

"I don't see enough effort being made to position this as Canada's energy project."

North American Energy Integration: An insider perspective

Pipelines, Energy, Economy
DEREK BURNEY
WEB | November 17, 2009

Shortly after 9/11, a senior US official approached the Canadian embassy in Washington to ask whom in Ottawa he should contact regarding shared strategic infrastructure, such as pipelines and electricity grids. Presumably Canada is today better equipped now than it seemed to have been then to cope with the threat, however minimal. In any event, the issue of pipeline security needs to be placed in the larger context of energy security and economic resilience.

Parks, a favourite PR cover for un-green things

Parks, a favourite PR cover for un-green things
By Peter Gorrie Environment Columnist
Published On Sat Nov 14 2009 // Toronto Star

MERIDA, Mexico–It was a rare sight: a hall full of environmentalists standing to applaud federal Environment Minister Jim Prentice.

Peak oil: what does the data say?

Peak oil: what does the data say?
Terry Macalister, Guardian, November 13, 2009

The controversy over the International Energy Agency (IEA) figures has highlighted the peak oil debate. What do the numbers say?

The question is not if the world is running out of oil, it's when. There are finite quantities of crude even if the oil companies get the chance to dig up the Arctic as they are desperate to do.

Too fearful to publicise peak oil reality

Too fearful to publicise peak oil reality

The economic establishment accepts the world soon won't be able to meet energy demands, but wants to keep quiet about it

o Madeleine Bunting
o guardian.co.uk, Tuesday 10 November 2009

Big tar sands players looking to solidify holdings by gobbling up smaller stakes

Big oilsands players looking to solidify holdings by gobbling up smaller stakes

By Lauren Krugel (CP) – November 11, 2009

CALGARY — Northern Alberta is a patchwork of motley oilsands properties, with some chunks controlled by energy heavyweights and others in the hands of smaller companies.

With virtually all of the premium morsels already spoken for, the map is expected change significantly as the bigger players consolidate their positions by gobbling up smaller holdings.

‘Peak oil’ closer than we think, says IEA mole

‘Peak oil’ closer than we think, says IEA mole

Oil gushes from a well

Whistleblower say phoney oil figures are being used to avoid panic on markets

By Edward Helmore
FIRST POSTED NOVEMBER 10, 2009

Despite the discovery of massive new, untapped reserves, the world is much
closer to running out of oil than official estimates show, claims a
whistleblower at the International Energy Agency in the /Guardian/.

The unnamed source claims the US has been deliberately underplaying any
potential shortage and, in effect, the IEA's annual Energy Outlook, expected to

Impacts of Pew Funding: What others are saying

Impacts of Pew Funding

What others are saying

from "Offsetting Resistance: The effects of foundation funding from the Great Bear Rainforest to the Athabasca River", a special report by Dru Oja Jay and Macdonald Stainsby. Released September, 2009.

ConocoPhilips Selling Off 9% Syncrude Stake

All eyes on $4B Syncrude stake
By Deborah Yedlin, Calgary Herald
October 30, 2009

ConocoPhillips' stake in Syncrude is up for grabs. Will the taker be an existing co-owner of Syncrude or will a new player--even a foreign national oil company--buy it as an entree into the oilsands?

Who is going to buy ConocoPhillips' nine per cent interest in Syncrude?

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