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Canada’s Petro Paralysis, Diagnosed
Canada’s Petro Paralysis, Diagnosed Three books show how bitumen blocks democratic solutions to our climate crisis. Costly Fix: Power, Politics and Nature in the Tar Sands Ian Urquhart University of Toronto Press (2018) Oil’s Deep State: How the Petroleum Industry Undermines Democracy and Stops Action on Global Warming Kevin Taft Lorimer (2017) The Big Stall: […]
Alberta’s Problem Isn’t Pipelines; It’s Bad Policy Decisions
Alberta’s Problem Isn’t Pipelines; It’s Bad Policy Decisions Bitumen prices are low because the province has ignored at least a decade of warnings. In 2007, an Alberta government warned that bitumen prices could eventually fall so low that the government’s royalty revenues — critical for its budget — would be at risk. Photo via Government […]
Canada’s Pipeline Challenges Will Force More Tar Sands Oil to Move by Rail
Canada’s Pipeline Challenges Will Force More Tar Sands Oil to Move by Rail The Motley Fool has been advising investors on “How to Profit From the Re-Emergence of Canada’s Crude-by-Rail Strategy.” But what makes transporting Canadian crude oil by rail attractive to investors? According to the Motley Fool, the reason is “… right now, there is so much excess oil being […]
Canada Is Facing A Heavy Crude Crisis
Canada Is Facing A Heavy Crude Crisis Canada’s benchmark heavy crude oil widened its discount to WTI to the largest in six trading sessions on Thursday, as additional storage capacity in Alberta and data about lower crude-by-rail shipments added concerns over the domestic oil glut, as TransCanada’s Keystone Pipeline has yet to return to normal […]
Canada’s Oil Crisis Continues To Worsen
Canada’s Oil Crisis Continues To Worsen Canadian oil producers can’t get a break. First it was the pipelines — there are not enough of them to carry the crude from Alberta’s oil sands to export markets. This pipeline capacity problem has been forcing producers to pay higher rates for railway transportation, which has naturally hurt […]
Is This New Tar Sands Technology a Game Changer for Exporting Canada’s Bitumen?
Is This New Tar Sands Technology a Game Changer for Exporting Canada’s Bitumen? A new technology has the potential to transform the transportation of tars sands oil. Right now, the already thick and slow-flowing oil, known as bitumen, has to be diluted with a super-light petroleum product, usually natural gas condensate, in order for it to flow […]
Canadian Oil Trapped Without More Pipeline Capacity
Canadian Oil Trapped Without More Pipeline Capacity Adding insult to injury for Canada’s oil industry, Democratic Presidential candidate Hillary Clinton came out against the Keystone XL Pipeline on September 22, ending several years of silence and waffling on the controversial issue. That comes as a blow to TransCanada, the project’s backer, who wanted to connect Canada’s oil […]
Oil sands pipelines now back on the election agenda
Oil sands pipelines now back on the election agenda Mulcair may have the most explaining to do in tonight’s French-language leaders’ debate So now we know. The woman who wants to be the next Democrat to occupy the White House has made a decision that the president she hopes to succeed hasn’t, or won’t. Hillary […]
Nexen’s Brand New, Double-Layered Pipeline Just Ruptured, Causing One of the Biggest Oil Spills Ever in Alberta
Nexen’s Brand New, Double-Layered Pipeline Just Ruptured, Causing One of the Biggest Oil Spills Ever in Alberta A pipeline at Nexen Energy’s Long Lake oilsands facility southeast of Fort McMurray, Alberta, spilled about five million liters (32,000 barrels or some 1.32 million gallons) of emulsion, a mixture of bitumen, sand and water, Wednesday afternoon — […]
OPEC oil glut is shattering Harper’s superpower dream
OPEC oil glut is shattering Harper’s superpower dream Producers’ brinksmanship has worked, and Canada is cutting production In the battle to see who blinks first, OPEC hasn’t blinked. And it looks like it isn’t going to, as it meets this week in Vienna. Six months ago the Organization of the Petroleum Exporting Countries, led by Saudi Arabia, […]
Canada needs to confront its oilsands ‘challenge,’ German ambassador says
Canada needs to confront its oilsands ‘challenge,’ German ambassador says Observers say Canada and Japan are attempting to block ‘decarbonization’ pledge from G7 declaration Germany’s ambassador to Canada says Ottawa’s new targets to cut carbon pollution mean it will have to tackle the problem of the oilsands. In an interview with CBC News, Ambassador Werner […]
Trans Mountain pipeline expansion ‘disastrous,’ says Mayor Gregor Robertson
Trans Mountain pipeline expansion ‘disastrous,’ says Mayor Gregor Robertson ‘My mind is clearly made up. I think this is a bad deal for Vancouver,’ he said after reading new report Mayor Gregor Robertson says new evidence proves the expansion of Kinder Morgan’s Trans Mountain pipeline presents a grave threat to the City of Vancouver’s health, […]
Alberta Health Board Fires Doctor Who Raised Cancer Alarms
Alberta Health Board Fires Doctor Who Raised Cancer Alarms ‘I am stunned,’ says Dr. John O’Connor, a veteran presence in First Nations community An Alberta health board has fired Dr. John O’Connor, the physician who came to national prominence after raising questions about rare cancers in the tarsands region. The Nunee Health Board Society send […]
Harper’s Folly: Canada Losing $30+ Billion/Year on Tar-Sands Oil
Harper’s Folly: Canada Losing $30+ Billion/Year on Tar-Sands Oil Oil is our most-precious commodity as fuel for the global economy. It is also becoming a scarce commodity, as global production has flattened, while global demand continues to climb relentlessly, everywhere in the world except for the dying economies of Europe and North America. It is a classic […]
Tar Sands by Rail Disasters: The Latest Wave in the Bomb Train Assault
Tar Sands by Rail Disasters: The Latest Wave in the Bomb Train Assault With the first crash and explosion of aunit train of tar sands oil in Canada in February, we learned that the conventional wisdom among people covering the oil-by-rail industry regarding the flammability of tar sands oil has been dead wrong. A second derailment and […]
