With Suncor is positioned nicely from a reserve standpoint, with operations in northern Alberta (which is second only to Saudi Arabia in production
among oil sands regions), its valuation should rise to be more in line with peers, especially as supermajors continue to battle it out for conventional reserves.
That would add 75 cents per barrel - not enough to seriously affect profits
among oil sands producers, but still a substantial fare hike.
Not exact matches
Alberta's
oil sands bitumen is
among the most expensive sources of
oil in the world.
Among other reasons cited for the decision, the Calgary Herald's Deborah Yedlin and others have cited a lack of greenhouse gas policies applied to Canada's
oil sands.
The campaign against the
oil sands has had the effect of raising awareness of environmental issues, in particular,
among the public and, perhaps more importantly,
among shareholders, investors, insurers, and regulators.
The parables disclose with what pleasure and tolerance he surveyed the broad scene of human activity: the merchant seeking pearls; the farmer sowing his fields; the real - estate man trying to buy a piece of land in which he had secret reason to believe a treasure lay buried; the dishonest secretary, who had been given notice, making friends against the evil day
among his employer's debtors by reducing their obligations; the five young women sleeping with lamps burning while the bridegroom tarried and unable to attend the marriage because their sisters who had had foresight enough to bring additional
oil refused to lend them any; the rich man whose guests for dinner all made excuses; the man comfortably in bed with his children who gets up at midnight to help his importunate neighbor only because he despairs of getting rid of him otherwise; the king who is out to capture a city; the man who built his house upon the
sand and lost it in the first storm of wind and rain; the queer employer who pays all of his men the same wage whether they have worked the whole day or a single hour; the great lord who going to a distant land entrusts his property to his three servants and judges them by the success of their investments when he returns; the shepherd whose sheep falls into a ditch; the woman with ten pieces of silver who, losing one, lights the candle and sweeps diligently till she finds it, and makes the finding of it the occasion of a celebration in which all of her neighbors are invited to share — and how long such a list might be!
Oil sands extraction raises concerns among environmentalists because it generates more of the heat - trapping gases causing climate change than conventional oil drilling, among other thi
Oil sands extraction raises concerns
among environmentalists because it generates more of the heat - trapping gases causing climate change than conventional
oil drilling, among other thi
oil drilling,
among other things
Oil sands are
among the most greenhouse gas — intensive forms of petroleum to produce.
In contrast, we had nice returns in a number of our media, insurance and food stocks,
among others, including Axel Springer, Schibsted, Zurich Insurance, Berkshire Hathaway, and Nestlé, but it was unfortunately not enough to overcome the continued pressure on our
oil & gas stocks, which included fully integrated holdings such as Total and Royal Dutch; exploration and production companies such as Devon Energy and Pacific Rubiales; Canadian
oil sands producers such as Cenovus; and energy service holdings such as Halliburton and National Oilwell Varco.
My problem with Peak
Oil is that once it is upon us it will trigger a desperate search for alternatives that will include making gasoline from coal, tar sands and oil shales (among other
Oil is that once it is upon us it will trigger a desperate search for alternatives that will include making gasoline from coal, tar
sands and
oil shales (among other
oil shales (
among others).
[Nov. 18, 11:37 p.m. Updated Vaclav Smil, the Canadian resource and risk analyst, has written a potent critique of Obama's move, noting,
among other things, «If there would be no
oil -
sand oil produced in Alberta to feed the XL pipeline and then refined in the United States and the products burned in American vehicles, then the Chinese would generate an additional mass of CO2 equivalent to that prevented burden in less than two weeks.»]
Our largest
oil and gas barons, the Koch brothers — two of the richest men on earth, and
among the largest leaseholders on Canada's tar
sands — have promised to deploy three - quarters of a billion dollars in this year's contest.
In reality,
oil sands petroleum is
among the most ethical and ecological on Earth, especially when compared to real - world alternatives like Iran, Saudi Arabia, Nigeria, Sudan, Russia, Ecuador and Venezuela, whose human rights violations, terrorism sponsorship and reckless environmental records are legendary.
It ignores the pipeline's significant risk for toxic spills, ignores its catastrophic impacts on our climate, and ignores the clear consensus
among financial analysts and
oil executives who agree Keystone XL will make the difference in tar
sands development.»
Norway, which along with the other Scandinavian countries has been
among the most ambitious and successful of all nations in reducing its emissions, nevertheless approves expanded
oil drilling in the Arctic and development of tar
sands as a majority owner of Statoil [258]--[259].
One of the previous Healing Walks toured Martinez, California (pictured above and below), home to two refineries that process
oil and tar
sands crude — and also home to a strong resistance
among residents who are fighting for the health of their community.
As you likely know,
oil from tar
sands is considered to be
among the dirtiest
«Don't pick winners and losers
among all the heavy
oil being produced in the world: Mexico, Nigeria, Venezuela, not to mention California heavy crude that has a higher greenhouse - gas footprint than our tar
sands oil.»
That doesn't make
oil sands unimportant for the climate — and their importance will grow over time — but it does suggest that avoiding
oil -
sands crude isn't
among our most useful strategies for keeping emissions low.