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Why Canadian Tar Sands Oil May Be Doomed

Why Canadian Tar Sands Oil May Be Doomed At current prices, Canadian tar sands oil producers are losing money on every barrel of oil they dig out. Despite signs earlier this year the industry would “turn profitable in 2018,” a much more likely scenario at this point is a fourth straight year of losses. Producers are forced […]

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Why We May Never See $100-a-Barrel Oil Again

Why We May Never See $100-a-Barrel Oil Again ‘Race for What’s Left’ author surveys geopolitical fortunes in aftermath of a pricequake. Pricequake: Recent turmoil could spell doom — not just for ‘tough oil’ projects now underway — but for some over-extended companies (and governments) that own them. Oil barrel photo via Shutterstock. As 2015 drew […]

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World on drip of unconventional oil

World on drip of unconventional oil. Currently lower oil prices due to a combination of increasing oil supplies and subdued demand come at a high cost to the environment and the climate. Additional oil supplies are exclusively from fracking tight oil in the US and from Canadian tar sands. Fig 1: Production of US tight […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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