Sentences with phrase «if oil sands»

If coal power suddenly disappeared, it would revolutionize the climate picture, but if the oil sands vanished, we'd replace much of their crude with oil from somewhere else, and our global climate challenge would remain largely, though not entirely, unchanged.
People in the United States and Europe know that if the oil sands are not managed and regulated, and if there is no cap on production, there can be no meaningful action on climate in this country.
Mr. Coutu - whose company owns 36.7 per cent of the Syncrude oil sands project - acknowledged other sectors would have to take up the slack if the oil sands have only intensity - based requirements and Ottawa imposes a national cap on emissions.
If the oil sands were allowed to expand production with only marginal improvements in their per - barrel emissions, the rest of the country faces a much harder and more expensive challenge in meeting Canadian targets.
If oil sands production were not expanded beyond today's level, the future emissions for Canada would look something like the green line in the graph below.
If the oil sands were located in BC, operators would be much more strongly incentivized to reduce their emissions than they are in Alberta.
If oil sands oil eventually finds an easy outlet to the Gulf Coast — perhaps through the proposed Keystone XL pipeline project — the price for upgraded synthetic oil will likely rise to reflect the world market value, currently $ 110 per barrel.
Oil is traded on the world market, so if the oil sands oil is produced at all, it makes no difference whatever if it's the Chinese that get the oil, since that displaces some other oil they would have used.
If oil sands production continues to grow as industry predicts, it seems likely.
If the oil sands don't use the natural gas they produce they have to send it somewhere else to be used.

Not exact matches

And even if that doesn't happen, current prices remain too low to encourage new investment in the oil sands.
Some of the producers in Canada's oil sands discovered they would suffer bigger loses if they actually shut down their sprawling facilities.
But if we didn't get the right people with the right skills to move, we might solve the problem of restaurant workers, but we wouldn't solve the problem of engineering for the oil sands
«If you give China too much access to the oil sands, you expose yourself to that kind of retaliation.»
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are loIf you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are loif you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
Oil sands production will continue to increase in the near term, likely through 2020 if not beyond, unless prices decrease materially relative to today.
Helms also said that oil sands production levels could dip below one million per day before the end of 2016, if prices stay below the $ 50 / bbl.
And only if the accelerated investment in oil sands has been recent - which is not the case.
It would be unacceptable if the government were underwriting oil sands firms» pension liabilities to accelerate development.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are loIf you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are loif you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
The Conservative majority suggests a business - as - usual trajectory for Canada's climate change ambitions: rapid oil sands expansions, soaring greenhouse gas emissions, reductions targets on paper, if nowhere else.
If I take Keystone XL out of the mix, in my toy model, I haven't impacted the cost of the marginal barrel of oil sands because I haven't changed the cost of a barrel shipped by rail, I've simply reduced the profit on the barrels which would be shipped via KXL by forcing them to be shipped to market in a more expensive way.
And both wait to see what, if any actions the federal Liberals take over an oil sands pipeline they've championed and a coast they've vowed to protect, along with electorates in two provinces with profoundly different priorities.
If oil drops into the $ 20 - to - $ 30 range, he may soon be dealing with the consequences of an oil sands industry, his government's anointed engine of economic growth, suddenly becoming a commercial disaster on a scale that could be unrivaled in Canada's history.
On the flip side, if oil prices fall the oil sands are the last place energy companies will want to be.
And even if Canadian courts ultimately deem such probing too onerous within the rubric of «reasonableness» review, such details can provide fodder for public commentary that can undermine the government's position in the court of public opinion (regarding the economic case for increased oil sands production, for example, see University of Alberta Professor Andrew Leach's commentary here).
An analysis of the pipeline plan for the State Department concluded that if the pipeline was rejected, oil sands producers would instead turn to railways for shipments to the United States.
The break - even price of tar sands oil is around $ 100 per barrel if transported by rail, according to Anthony Swift, a staff attorney at NRDC (which publishes
If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).
The Alberta government has leased almost 100,000 square kilometers of the oil sands deposit, so the potential certainly exists for an industrial project on the scale of England, if a little smaller.
The concern here is that this incidental capacity could add significant weight to frack - sand pricing later this year, especially if drillers start pulling back spending on new wells due to lower oil prices.
If the price of a barrel drops too much, future oil sand plans are at risk and modular buildings won't be needed at that point.
How can it be that blocking the Trans Mountain pipeline expansion — which, if built, will almost assuredly increase the GHG emissions from Alberta's oil sands — would undermine Canada's climate change plan?
Hughes also found that no new pipelines are actually needed if Alberta keeps its promise to cap oil sand growth and emissions at 100 megatons a year.
Meaning, if it is built, it is because the interests behind it likely do not believe the promise of the Notley government in Alberta that oil sands production emissions will stop at 100 megatonnes of GHGs.
If the US can invade Canada for it's oil sands, why not?
«If you go with the numbers that are being published, if you account for the tar sands in Northern Alberta, we're supposed to have the second largest oil reserves in the world, second only to Saudi Arabia,» says MIf you go with the numbers that are being published, if you account for the tar sands in Northern Alberta, we're supposed to have the second largest oil reserves in the world, second only to Saudi Arabia,» says Mif you account for the tar sands in Northern Alberta, we're supposed to have the second largest oil reserves in the world, second only to Saudi Arabia,» says Ma.
«Canada has much more oil sands that could be brought into production if they had infrastructure.»
In a surprise move, the president also weighed in on the controversial Keystone XL pipeline, planned to transport oil from Canada's tar sands to refineries on the Gulf of Mexico — suggesting that it will go ahead only if it causes no increase in carbon emissions.
Hal Hodson seems to suggest that if the US fails to build a connecting oil pipeline to Canada, the tar sands won't be fully developed (16 August, p 10).
In March, the US State Department stated that the project was unlikely to have much impact on the rate at which Canada's oil sands are developed, suggesting that the oil would be transported by rail if the pipeline were not built.
That has been demonstrated, but if tar sands and shale oil are what's left, it may not give us much of a breather.
I really love the sun and the tan, it's beautiful stay on a bed of sand and use liter of super tanning oil, but if not taken in the right way the sun can adversely affect skin, hair and more, so be informed and equipped for the summer and know how to tan safely is a must!
The handle even contains sand for balance but problematically it's also difficult to hold if you get oil or some other low - friction foodstuff on it.
If the price of a barrel drops too much, future oil sand plans are at risk and modular buildings won't be needed at that point.
, so the only way oil sands and alternative energy sources are ever going to be meaningfully developed (to properly substitute for oil) in the long term is if they're supported by sustained higher oil prices.
If this happens, a combination of even more subsidies to the oil companies and technological breakthroughs could easily enable both tar sands and shale oil - and then we may be really in trouble.
Although if every last drop of tar sand oil is burned I suspect we are looking at more than 10 degrees celsius easily enough.
We've already heard some figures on how bad the ongoing Yellowstone River oil spill would likely be if it was of the capacity of the proposed Keystone XL tar sands pipeline (roughly 20 times worse).
Recommended, if not entirely on topic — Tom Knudsen's Grabbing for oil in Sacto Bee today, on the environmental damage being wrought by exploiting Canada's tar sands.
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