Oil Sands Truth: Shut Down the Tar Sands

War and Security

The tarsands are only economical at a certain price per barrel. The attacks on Iraq and Somalia, along with threats against Venezuela, Iran and elsewhere all combine to drive that price up. This significantly leaves the US economic structures able to tighten their control on oil distribution around the world as they de-diversify their oil imports to heavy reliance on tarsand (mock) oil, growing in percentage at a incredible pace. Canada is ever more integrating this (mock) oil into the North American grid, at the behest of both Canadian and American corporations. While Iraq's oil is disrupted often, Canada has no national reserve system and the corporations are aiming to extract up to 25% of American economical daily requirements from the tarsands in less than a decade. With NAFTA Expanding into the "Security and Prosperity Partnership" (SPP) more and more of these policies become removed from the public realm and help maintain exploitation and war on the planet and people within it by a tag team of nation-states from North America.

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"Tar sands crucial to energy mix: Imperial CEO"

Oil sands crucial to energy mix: Imperial CEO
By Claudia Cattaneo, Financial PostMay 15, 2009
Canwest News Service

CALGARY -- Canada’s oil sands represent such a large part of the remaining world oil resources it’s unrealistic to exclude them from North America’s future energy mix, said the CEO of Imperial Oil Ltd.

Despite a push to stop or contain their development, Bruce March said Alberta’s deposits represent 40% of known oil resources in the world that are not under the control of national oil companies.

Shell committed to tar sands despite $42m losses

Shell vows to press on with projects amid cost cuts and falling profits

* Terry Macalister
* guardian.co.uk, Wednesday 29 April 2009

Shell has pledged to continue with its controversial tar sands projects but has been forced to consider far-reaching cost cuts to keep the operations going after they lost $42m (£28m) in the last three months.

The Six Ways to Play Canada’s Oil Sector

The Six Ways to Play Canada’s Oil Sector
By Martin Hutchinson
Contributing Editor
Money Morning

With oil finally trading back above the $50-a-barrel level, it’s time to recognize that crude prices are probably not going to remain low for very long, and may end up fluctuating in the $50-$80 range - regardless of what happens to the prices of other commodities.

As Calif. aims at carbon, Canada sees itself in bull's-eye

As Calif. aims at carbon, Canada sees itself in bull's-eye
By COLIN SULLIVAN AND DEBRA KAHN, Greenwire
New York Times
Published: April 30, 2009

Canadian oil exporters fear that a low-carbon fuel standard adopted by California last week threatens to upset a thriving North American trade in petroleum if the regulation spreads throughout the United States.

Do you know where your oil comes from?

Do you know where your oil comes from?
Canadians most certainly do. But it's not a pretty sight.
April 16, 2009
By Sandro Contenta

TORONTO — When President Barack Obama vowed this week to reverse U.S. dependence on "foreign oil," did he also mean Canada's? It's a question Americans might want to consider.

Alaska Highway Pipeline competitors update legislators about progress

Despite the continuation of the little side show designed to make us believe that this pipeline is set to go to "markets in the lower 48", there is still both the maps of where the gas is to go (the Alberta Grid) and the basic math which tells us that the pipeline is *needed* in order to get to the production targets for the tar sands of Alberta-- over 5 million barrels a day of tar sands bitumen/ mock oil.

--M

Pipeline competitors update legislators about progress
GAS: Transcanada says it has expertise; Denali sees concerns with partnership.
Petroleum News
April 15th, 2009

"Pipe From India Incenses Illinois Town" [Keystone]

Pipe From India Incenses Illinois Town
Dan Gill for The New York Times

Steel pipes marked "Made in India" sat ready for the Canada-to-Oklahoma pipeline at the Port Authority in Granite City, Ill.

April 15, 2009

GRANITE CITY, Ill. — Jeff Rains, a retired steel worker at the sprawling mill here, made the discovery. Out walking a month ago, he waited impatiently at a rail crossing while a freight train slowly passed, its flatbed cars stacked with steel pipes, each wide enough for a child to crawl through. Then he noticed “Made in India” stenciled on the pipes.

China buys more of tar sands; Now owns 50% of proposed mine

China buys more of oil sands; Now owns 50% of proposed mine
By Claudia Cattaneo, Financial Post
April 2, 2009

The purchase of an additional 10% interest in the proposed Northern Lights oil sands project Wednesday by China Petroleum & Chemical Corp. (Sinopec) points to a renewal of interest by the Chinese in Canada's oil, said a University of Alberta expert.

If Suncor sells foreign assets, will China buy?

If Suncor sells foreign assets, will China buy?
DAVID EBNER
April 8, 2009

Suncor Energy Inc. SU-T will likely create a "fortress North America" if it completes its $19-billion merger with Petro-Canada, jettisoning international assets to hungry buyers such as China as it focuses on the oil sands, natural gas and East Coast offshore oil.

Shell affirms "too uncertain" outlook for oil industry

Shell affirms "too uncertain" outlook for oil industry
Wednesday, March 18, 2009

* Links Niger delta crisis, falling oil prices to low output
By Taiwo Hassan, with Agency Reports

CITING falling oil prices and crisis in Nigeria's Niger delta region, Anglo Dutch oil giant, Shell, has conceded that the industry's outlook has become "too uncertain" for long term projections.