It has also been embraced by some of the province's
biggest oil sands producers.
Corporate Knights said this analysis could explain «why some of
the biggest oil sands players are gobbling up low - carbon patents and quietly running the numbers on different scenarios, such as when they should exit the oil sands or make the shift to becoming predominately alternative fuel and green energy firms.»
Not exact matches
Cenovus, one of the
biggest of Canada's
oil sands producers, said in March that it was operating at lower capacity due to the maxing out of pipelines and other routes through which it sends heavy
oil south to U.S. markets.
Some of the producers in Canada's
oil sands discovered they would suffer
bigger loses if they actually shut down their sprawling facilities.
The letter also argues that the chiefs of some of the
biggest companies involved in Alberta's
oil sands industry have publicly come out in favor of such stricter carbon pricing.
The report also counters warnings from environmentalists that the pipeline's construction would spur a huge increase in production from western Canada's tar
sands, believed to be one of the
biggest reserves of crude
oil outside Saudi Arabia — unleashing torrents of greenhouse gases into the atmosphere.
As I wrote in my blog over a year ago, («
Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flo
Oil Price Spread Costing Canadian producers
big bucks,» November 10, 2011),
oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flo
oil sands producers have been continually getting short - changed for their
oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flo
oil by refineries in Cushing, Oklahoma, where most of the product from the
oil sands flo
oil sands flows.
Similarly, lower
oil prices are prompting Big Oil to shelve plans for multi-billion dollar oil sands projects in northern Alber
oil prices are prompting
Big Oil to shelve plans for multi-billion dollar oil sands projects in northern Alber
Oil to shelve plans for multi-billion dollar
oil sands projects in northern Alber
oil sands projects in northern Alberta.
HSBC, the
biggest bank in Europe and the world's seventh - largest, has resolved to stop funding Arctic drilling, tar
sands /
oil sands development, and most new...
More
oil sands production translates into a
bigger long - term workforce, but the boom was in the construction fray.
The
biggest carbon footprint of any
oil is a barrel of
oil sands bitumen.
Fewer
big players could mean fewer dollars at play to expand
oil sands.
Big Oil is also acutely aware that a major new pipeline project is a critical piece of its huge expansion plans for the oil san
Oil is also acutely aware that a major new pipeline project is a critical piece of its huge expansion plans for the
oil san
oil sands.
In a separate report today, CIBC World Markets economists noted in a report today that the
oil sands are already on track to become the
biggest single source of
oil imports to the United States this year.
Evan Solomon: They have argued that they want to make sure that environmental assessment, though they argue it needs to be rigorous, is getting in the way of development of
big energy projects and specifically around the
oil sands and pipelines.
Teck Resources Ltd. [TECK.B - TSX; TECK - NYSE] and Suncor Energy Inc. [SU - TSX] are taking a
bigger stake in the Fort Hills
oil sands project in Alberta, Teck said in a progress update....
In particular, the company has
big plans for
oil sands operations, where volumes are likely to climb 25 % -40 %.
Tar
Sand Oil pipeline: No
big issue there, anglo and franco and Natives in QC don't really want it and the ROC (mostly Alberta and Saskatchewan).
Cllr Read said: «RBS is the UK's
biggest sponsor of climate change and finances a whole range of environmentally devastating projects from
oil extraction from the Canadian tar
sands to the Kingsnorth power station.
«We have environmental impacts now, and these impacts are about to get a lot
bigger,» notes
oil sands policy analyst Marc Huot of the Pembina Institute, an environmental group working for responsible development.
The draft law was kept on ice during trade talks between the European Union and Canada, the world's
biggest producer of
oil from tar
sands, which culminated in a multi-million-dollar pact signed earlier this year.
During my 10 - day workweek, I operate one of the
biggest trucks in the world, weighing in at nearly 700 tons when hauling
oil sands.
This is a truly seismic change, and may mean some
big changes in the
oil sands and pipeline debates.
For too long a time our administration has either a) had its head buried in the
sand or b) been too allied to
big oil and
big business to promote clean energy alternatives.
Are the
oil sands really the «
biggest carbon bomb on the planet»?
Mature fine tailings are the
big problem for
oil sands extraction.
The one pipeline would be no
big deal if there were some agreement that that's all the
oil that's coming out of the
sands, but how likely is that?
Yet one of the
biggest actions President Obama can take is one hundreds of thousands of Americans have been demanding for years now: Say no to the Keystone XL tar
sands oil pipeline.
The EPA now says there is no more danger of further
oil spilling from the ruptured pipeline under the Yellowstone River, but several
big questions remain — especially considering that ExxonMobil now says that tar
sands oil routinely was carried by the
The EPA now says there is no more danger of further
oil spilling from the ruptured pipeline under the Yellowstone River, but several
big questions remain — especially considering that ExxonMobil now says that tar
sands oil routinely was carried by the Silvertip pipeline.
Alberta's Energy Minister Ron Liepert said himself that his
biggest fear is getting stuck with «landlocked bitumen,» the type of the
oil in the tar
sands.
The Keystone pipeline just spilled 210,000 gallons of toxic tar
sands oil in South Dakota — and President Trump and his
oil industry allies are still pushing ahead with the
bigger, riskier proposed Keystone XL tar
sands pipeline that would carry 830,000 barrels of tar
sands oil per day through America's heartland.
For Alberta, a province that was once synonymous with tar
sands oil, that's a
big deal — and for the rest of us, a
big reason for hope.
If you consider the total energy supplied to the human system, the
biggest energy innovation of the last 20 years is probably the ability to economically recover unconventional petroleum sources like tar
sands oil and shale gas.
Big Oil has made tar sands development a global enterprise and will do whatever it takes to get mining equipment in, and the oil out, to foreign marke
Oil has made tar
sands development a global enterprise and will do whatever it takes to get mining equipment in, and the
oil out, to foreign marke
oil out, to foreign markets.
The production of Alberta tar
sands oil, is a
Big O Factor, when it comes to reducing carbon emissions.
Obama also addressed what has been perhaps the
biggest issue of contention between his administration and climate activists: The pending decision whether to permit construction of the Keystone XL pipeline to transport larger volumes of
oil from Canada's tar
sands to the refining centers of Texas.
«Folks made it known that Vermonters, and our friends from the Northeast, oppose the proposed tar
sands pipeline, and that this project will face a concerted and stiff local resistance if and when
big oil decides to try and move it forward,» said David Vandeusen, conservation organizer for the Vermont Sierra Club.
n the refinery states, we were able to show that there are more toxic metals and elements associated with refining tar
sands oil (petcoke became a
big issue in Chicago's refinery areas and in Texas» Port Arthur.)
And like any mining operation,
oil sands extraction has a
big impact on the environment:
With spill after spill,
Big Oil has a dismal safety record when it comes to tar
sands pipelines.
Amanda Starbuck, the Climate Program Director at Rainforest Action Network, put it this way: «Many
big corporations that sell commodities far removed from
oil extraction are nonetheless enabling the nightmarish expansion of the tar
sands by refusing to purge tar
sands oil from their fuel supply chains.
«This letter puts the
biggest corporate consumers of
oil on notice that there's no excuse not to invest in cleaner, more efficient fleets, and that it's simply wrong to source
oil from the tar
sands, which is fouling the land and water in communities across the country, from Maine to Kalamazoo to Utah.»
2) The prospect of having to live with expensive price discounts for years takes a
big toll on the economics of future
oil sand production economics (for once, discount rates work in the Greens» favour).
What stopping KXL is really about is delaying
big capital investments in new
oil sands projects.
3) The economics of
oil sands will probably get worse over the next few years unless there is a
big technological breakthrough.
The railroads are already gearing up
big - time to handle
oil out of the
oil sands if a pipeline doesn't go thru.
Since hitting its peak in March 2011, the BlackRock iShares
Oil Sands Index Fund, which tracks the biggest energy companies operating in Alberta's oil sands, has lost more than two - thirds of its value — and roughly half its value since oil prices began plunging last Augu
Oil Sands Index Fund, which tracks the
biggest energy companies operating in Alberta's
oil sands, has lost more than two - thirds of its value — and roughly half its value since oil prices began plunging last Augu
oil sands, has lost more than two - thirds of its value — and roughly half its value since
oil prices began plunging last Augu
oil prices began plunging last August.
If we're serious about
oil sands development — and IHS» report strongly suggests Americans should be — then we should quit politicking to death the single
biggest infrastructure project at hand that would facilitate
oil sands transportation to the U.S.
Greenhouse Gas Intensity Has Improved, But It Will Remain a
Big Problem Which leaves us with greenhouse gas intensity of tar
sands production, which even in the most conservative prior estimates is several times higher than for conventional
oil production.