Energy and how it is captured and consumed is barely viable in tar sands production. While the amount of oil in places such as the tar sands in Alberta or the Orinoco Belt in Venezuela may have deposits of similar size to the reserves of countries such as Saudi Arabia or Iraq, the return of new energy after expending energy in production is not even close. In Iraq, the process of using one barrel of oil generates 100 new barrels. In the tar sands, estimates of 3 to 1 and even as low as 1.5 to 1 have been made. Offsetting the net energy loss would require minimally 25-30 tar sands facilities for one Saudi plant operating at the same capacity.
Axis of Arctic Oil
Germany And Norway Form Partnership, While Russia Plans Oil Exploration
http://www.thedailygreen.com/2007/08/31/new-allies-in-arctic-oil-scrambl...
Dan Shapley/ News Editor Blog
They all say it’s not a land grab. Really, it isn’t. It’s an oil grab.
United States, China Clash over Peak Oil May Endanger World Peace
By Ann Weaver Hart
Published Aug 30, 2007
http://www.associatedcontent.com/article/363360/united_states_china_clas...
Peak Oil may have put the United States on a collision course with China as the two nations compete for African oil reserves. "Peak Oil" refers to the fact that worldwide, per capita petroleum production peaked in 1979. Owing to population growth, even though more actual barrels of oil per day are extracted, the amount of oil pumped per person continues to drop.
Marathon plans to expand Detroit refinery
$1-billion project would create more than 900 new jobs
http://www.freep.com/apps/pbcs.dll/article?AID=/20070827/BUSINESS06/7082...
August 27, 2007
By ALEJANDRO BODIPO-MEMBA
FREE PRESS BUSINESS WRITER
Officials at Marathon Petroleum Co.’s refinery in Detroit plan to announce a $1-billion expansion proposal that would boost oil production 15,000 barrels a day by 2010 and add more than 900 jobs to the local economy.
Proposed crude oil pipeline threatens land, wastes energy
http://www.in-forum.com/articles/index.cfm?id=176522§ion=Opinion&for...
By Janie Capp,
Published Wednesday, August 29, 2007
Regarding the proposed 1,830-mile, 30-inch crude oil pipeline coming from Alberta, Canada, across North Dakota, to Illinois and possibly farther.
Factoring Sustainability Into Alberta's Tar Sands Project
http://www.worldchanging.com/archives/007166.html
Mindy Lubber
August 24, 2007 11:26 AM
There's much talk these days of capitalism and sustainability being increasingly interrelated -- that environmental and social impacts need to be included along with quarterly sales projections in corporate strategies and the financial bottom line. But why is this still more a concept than a reality, especially when it comes to a sustainability crisis like global warming?
Global oil reserves up only 1% last year
Canada's Oilsands Sole Booster, Study Says
Claudia Cattaneo, Financial Post
Published: Thursday, August 30, 2007
http://www.canada.com/nationalpost/financialpost/story.html?id=7bd3bdc5-...
CALGARY -- Record global oil and gas profits of US$243-billion and record spending of US$401-billion have resulted in a marginal 1% increase in world oil reserves last year -- all of it coming from a 1.9-billion-barrel addition from Canada's oilsands, according to a new study.
Keystone Pipeline hearings set
http://www.stltoday.com/stltoday/news/stories.nsf/stcharles/story/CB3250...
08/30/2007
Public hearings on a draft environmental impact statement for the proposed Keystone Pipeline are planned in St. Charles and Collinsville next week.
THINK I'LL GO OUT TO ALBERTA.
SCOTT HARRIS / scott@vueweekly.com
Greenpeace and its ilk set up shop to battle oilsands
Opposition to the Alberta oil sands got a boost this August when international environmental advocacy organization Greenpeace opened the doors of its Edmonton office, becoming the first of a number of well-known environmental organizations to officially set up shop in Alberta to take on increased development in the north of the province.
Carole James is, of course, correct to oppose a dramatic *increase* in global warming emissions brought about by the tar sands-fueling proposed nuclear plant near Peace River Alberta. However, another point that needs to be made for British Columbians is the fact that Tilma-- The Trade, Investment and Labour Mobility Agreement-- makes between provinces the same kind of impact as Chapter 11 of NAFTA; if the plants are approved in Alberta, by 2009 in both provinces such will not be allowed to be "interfered or impeded" with. Precedents become above legislation.
--M
Copyright 2007 The Calgary Herald.
All Rights Reserved
The Calgary Herald (Alberta)
http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=a...
August 30, 2007 Thursday
Final Edition
SECTION: CALGARY BUSINESS; Deborah Yedlin; Pg. E1
LENGTH: 799 words
HEADLINE: Canada's oilsands bear the burden
BYLINE: Deborah Yedlin, Calgary Herald
BODY:
Anyone sounding the warning bells about oil prices crashing to earth
in the wake of the ongoing liquidity crunch would be well advised to
