Peak Oil is starting to be understood across a broad spectrum, but the direct connection between peak oil, climate change and the American market-led attempt to squeeze all energy out of Alberta cannot be overstated. The smaller the global supply of oil gets, the more CO2 has been emitted and the more climate change will have advanced. This leads to more interest in the tar sands—because the profit margin goes ever higher the fewer alternatives there are for petroleum. Without Peak Oil bearing down on humanity, no economical reason would exist to produce this energy intensive, low-output petrol.
ALABAMA VOICES: Drilling not answer
August 31, 2008
First of two parts
By John Ackerman
Over the past few months there has been a great deal written about our dependency on fossil fuels and an alternative to this dilemma called "drill here, drill now, pay less" was offered.
[FYI - these two articles appear side by side in the 2 September 2008
edition of the National Post, pg. A15, "First of a Series"]
The oil sands that bind
As concern about the future of oil mounts, the Post looks at the
world's most-talked-about commodity. Today, Adam Waterous explains how
the oil sands strengthen Confederation and Donald Boudreaux explains
why running out of oil is a virtual economic impossibility
Adam Waterous, National Post Published: Tuesday, September 02, 2008
http://www.nationalpost.com/news/story.html?id=760790
Post-Peak Politics
by John Michael Greer
The Archdruid Report (July 23 2008)
Druid perspectives on nature, culture, and the future of industrial society
The recent downward lurch in the price of oil, among its other effects,
has provided a good look at the downward arc of a cycle of public
discourse about energy that will likely become all too familiar during
the months and years ahead of us. As oil prices rose to new records a
few weeks back, the media bristled with pundits warning about an
imminent energy crisis in language ranging from sober to apocalyptic.
Enbridge, BP to expand pipeline network
August 29, 2008 at 12:44 PM EDT
CALGARY — Enbridge Inc. and BP Plc plan to spend up to $2-billion (U.S.) expanding their pipeline systems to ship growing volumes of Canadian crude oil to the U.S. Gulf Coast, they said Friday.
Enbridge, best known as operator of the main artery for Canadian oil exports, and BP, the British oil major, said they aim to develop a system to ship 250,000 barrels of oil a day to Texas City, Texas, from Flanagan, Illinois, by 2012.
Why oil won't fall below $100
With a surge in the price of global commodities, it's costing more to produce a barrel of oil than ever before.
By Steve Hargreaves, CNNMoney.com staff writer
Last Updated: August 22, 2008: 3:47 AM EDT
NEW YORK (CNNMoney.com) -- Last week, falling oil prices looked unstoppable. The last few days have seen a halt in that slide. Still with prices well below the record set in July and a shaky world economy threatening demand, the question remains: How low can oil go?
Iraq Signs Oil Deal With China Worth Up to $3 Billion
August 29, 2008
By ERICA GOODE and RIYADH MOHAMMED
BAGHDAD — In the first major oil deal Iraq has made with a foreign
country since 2003, the Iraqi government and the China National
Petroleum Corporation have signed a contract in Beijing that could be
worth up to $3 billion, Iraqi officials said Thursday.
Under the new contract, which must still be approved by Iraq's
cabinet, the Chinese company will provide technical advisers, oil
workers and equipment to help develop the Ahdab oil field southeast of
NAFTA paves U. S. route to energy from north
Pipelines may let area share boom
By Jerry Zremski NEWS WASHINGTON BUREAU CHIEF
Beneath the forests of Alberta, 2,300 miles miles northwest of Buffalo, you’ll find the latest black gold: a mix of sand and oil being mined as a new kind of gusher.
And Alberta’s Athabasca Oil Sands are just part of a petroleum boom that has made Canada the world’s top supplier of oil to the United States.
Canadian Oil Officials to Meet With Obama Adviser, Star Reports
By Sean B. Pasternak
Aug. 27 (Bloomberg) -- Canadian government and oil industry officials will meet with Senator Barack Obama's top energy adviser today to promote Canada's oil-sands industry, the Toronto Star reported.
The meeting with Jason Grumet will be led by Conservative Party member Tony Clement, the Star said. Officials are hoping to shed Canada's label of producing expensive oil that requires large amounts of energy and water to extract, the newspaper reported.
Many hurdles ahead for TransCanada's US$26 billion Alaska pipeline
August 2008 // The Energy News
CALGARY _ There are still numerous hurdles TransCanada Corp. (TSX:TRP) must clear before it can break ground on its proposed US$26-billion Alaska pipeline, not the least of which is getting shipping commitments from natural gas producers in the region, an analyst said Wednesday.
Coal Juice: High Energy Prices Prompt First U.S. Coal-to-Liquids Plant
Posted by Keith Johnson
Fresh hope for U.S. coal? (AP) July 28, 2008, 1:58 pm
It’s far from clear that higher energy prices are environmentalists’ friend. Though they migh eventually spur clean energy, they’re doing a good bit of the opposite right now.
