«The cost of actually doing deep - sea drilling, the cost of doing fracking in North Dakota,
the cost of tar sands, the cost of Arctic drilling is way, way, way higher than anyone admits,» Shah said.
«The Mayflower tar sands spill is another warning of the potential
costs of the tar sands industry's reckless expansion plans... [and] offers us a small sample of the risk that tar sands pipelines pose to American communities.»
«The Mayflower tar sands spill is another warning of the potential
costs of the tar sands industry's reckless expansion plans,» wrote NRDC's Anthony Swift in a blog post.
By DirtyOilSands.org Wednesday, April 03, 2013 QUOTE OF THE WEEK «The Mayflower tar sands spill is another warning of the potential
costs of the tar sands industry's reckless expansion plans... [and] offers us a small sample of the risk that tar sands pipelines pose to American communities.»
Not exact matches
Now they want to relive the glory days by increasing the amount
of oil flowing from the
tar sands at any
cost.
Getting equipment and people to the
tar sands region
costs loads
of money.
Canada currently produces about four million barrels
of oil a day but 61 percent
of that volume comes from high
cost and carbon intensive mining in the
tar sands.
«The Athabasca
tar sands in Canada are being mined and converted to petroleum at a
cost of about $ 20 a barrel,» he says.
«Other options like rail or truck are not feasible for the transportation
of large quantities,» said Elizabeth Shope, anti —
tar sands advocate with environmental group the Natural Resources Defense Council, in a conference call with reporters, noting that such alternative transportation more than triples the
cost of moving
tar sands oil.
Tar Sands Environmental Destruction Not Worth It At the risk of sounding flippant, sounds like too little too late: I'll stand by the WWF's assessment that the economic and environmental costs of continuing to develop tar sands and oil shales — in energy speak «unconventional fuels» — are simply unthinkab
Tar Sands Environmental Destruction Not Worth It At the risk
of sounding flippant, sounds like too little too late: I'll stand by the WWF's assessment that the economic and environmental
costs of continuing to develop
tar sands and oil shales — in energy speak «unconventional fuels» — are simply unthinkab
tar sands and oil shales — in energy speak «unconventional fuels» — are simply unthinkable.
Broadly stated: if you reject a lease and take a large portion
of a commodity (here coal, but it could have been natural gas,
tar sands, etc.) off the market, you decrease the supply, increase the
cost, and, over the long term, decrease the use
of that commodity.
In a smart recap
of the controversy over
tar sands oil, Maddow uses the Mayflower oil spill as a lead - in to a discussion on the
tar sands oil spill on the Kalamazoo River oil spill, which has become the most expensive oil spill in US history with cleanup
costs surpassing $ 765 million dollars.
The company took to Twitter this afternoon to respond to what it called «allegations» that Exxon isn't liable for the full
costs of cleaning up their
tar sands crude spill in Mayflower, Arkansas.
Rubin tells us the heavy oil from the
Tar Sands (or «oil
sands» as the industry tries to say)
costs more to refine, and gets less on the market — perhaps forty something a barrel, versus the 50 or 60 dollars a barrel we hear quoted as «the price
of oil».
State made several flawed assumptions in its environmental review, including 1) an unrealistically low
cost for transporting
tar sands by rail from Alberta to Texas, 2) an inaccurate estimate
of tar sands production
costs and 3) an unrealistic assumption that
tar sands production
costs will not increase with rising labor, material and energy prices.
Even if other production comes on line, e.g. from unconventional sources such as
tar sands in Alberta or shale in the American West, their relatively high
cost of production could permit low -
cost producers, particularly Saudi Arabia, to increase production, drop prices for a time, and undermine the economic viability
of the higher -
cost competitors, as occurred in the mid-1980's.
Industry's correspondence with the Canadian government implicitly recognizes that by providing a low
cost transportation solution, Keystone XL would reduce
costs and enable significant additional expansion
of tar sands production.
An Oil Bonanza, With a
Cost Alberta's oil
sands, also known as
tar sands, are one
of the world's largest petroleum reservoirs.
European drivers will be forced to fill up their tanks with
tar sands that will raise emissions — not lower them — and push up the
costs of decarbonisation by billions
of euros,» added Laura Buffet
of Transport & Environment.
Indeed, the market conditions and policies necessary to make the
tar sands a
cost - effective source
of energy will almost certainly result in dangerous levels
of global warming that will exceed two degrees Celsius, the internationally agreed upon limit that will prevent climate change from destroying the planet.
Exxon, like all companies shipping toxic
tar sands, doesn't have to pay into the fund that will cover most
of the clean up
costs for the pipeline's inevitable spills.»
But the fact that the
tar sands of Alberta are no longer considered too expensive to use (despite the huge expense in real dollars, as well as the environmental
cost) shows that such a limit is being approached (and therefore that it exists).
A Bloomberg report reveals that the 1,700 mile
tar sands oil pipeline would likely have the effect
of raising the
cost of gasoline by $ 0.20 a gallon.
TreeHugger has filled a great many virtual pages on the topic
of Alberta
tar sands, detailing time and time again the high environmental
costs of extracting this so - called unconventional source
of oil, which the Albertan government has bet
Allowing dirty
tar sands to flood into Europe is going to raise emissions - not lower them - and raise the
costs of decarbonisation by billions
of euros.
These extra
costs can be avoided by a robust implementation
of the FQD, which would keep
tar sands out
of Europe.