Meanwhile, Canada has already served notice that it will intensify efforts to find different markets
for oil sands crude — notably China, which could be served with a new pipeline from Alberta to the West Coast.
Stay tuned for updates on this developing story of how Vancouver, the «greenest city in the world,» may quietly become the main tanker route
for oil sands crude bound for China.
First, I want to look at how the changes not just in oil prices, but also changes in diluent costs, discounts
for oil sands crude relative to light crude and, in particular, the fall of the Canadian dollar have changed the outlook for new oil sands projects — for those under construction, and for those currently operating.
Not exact matches
Analysts at Canaccord Genuity said Monday the project's $ 5.3 - bilion northern leg «is no longer a necessity»
for Canadian
oil sands producers, thanks to the sudden rise of
crude - carrying unit trains and rival pipeline schemes proposed by Enbridge Inc..
Earlier this year,
for instance, Western Canadian Select, the benchmark price
for bitumen from the
oil sands, traded at nearly half the price of Brent
crude.
The refinery will feature state - of - the - art design, specifically
for processing Alberta
oil sands heavy
crude oil, and engineered to be the cleanest upgrading and refining site in the world.
Refiners don't particularly want tar
sands oil, which is tougher to make into usable transportation fuel, so it sells
for about $ 20 to $ 30 less per barrel than
crude from Texas or the Dakotas.
After having the project rejected by former president Barack Obama, TransCanada Corp. has re-applied
for approval of the Keystone XL line, which would deliver Alberta
oil sands crude to refineries in the U.S. Gulf Coast.
After my post last night got me reading Budget 1980 and the National Energy Program, I stumbled upon something completely fascinating: the hated National Energy Program proposed an indexed price
for synthetic
crude from
oil sands projects which, had it been followed until today, would have been above the Canadian dollar price of WTI in -LSB-...]
Senator Henry Bellman of Oklahoma supported Goldwater regarding Texas chili, but indicated that to trade the «ketchup and
sand» Arizona chili
for the «
crude oil flavored» Texas chili would only aggravate the situation.
And in the environmental impact statement, Pilgrim officials wrote: «While
crude oil shipment downriver is a relatively recent phenomena on the Hudson River, the increasing production of
crude in North America because of fracking, and Canadian tar
sands, is likely to result in increasing demand to move the
crude oil to coastal areas
for shipment to refineries.
We still don't know enough about tar
sand oil, or bitumen, which takes longer to break down due to its high viscosity, but doesn't spread, we also don't know much about the behavior of
oil from a blowout, such as the Deepwater Horizon BP blowout, and we know little of how
crude oil behaves in the Arctic Ocean, where there is ice, or how to remediate it,» said Michel Boufadel, director of NJIT's Center
for Natural Resources Development and Protection and a member of the panel of experts charged with evaluating the impact of spills in Northern waters.
CN is experiencing the greatest weakness in coal,
crude oil, and
sand for fracking.
The need
for the BOC to act was created by sliding inflation, weaker
crude prices (which threaten domestic
sand oil production), and lagging employment growth.
This sense of movement mainly applies to the works hanging in the cavernous main room of the exhibition, where one finds 16 large
oil paintings encrusted with pebbledash, a
crude sort of cement composed of shells and
sand that is used
for building in Rees's native Wales.
But on the Keystone XL pipeline — which, if not blocked by President Obama, would carry the
crudest form of
oil from Canadian tar
sand deposits to Gulf Coast fuel refineries — it seems there's little room
for varied stances, at least according to some protesters.
Albany's importance as a link in the energy - production chain is poised to grow under Global Partners» effort to win state permission to handle
oil -
sands crude and biofuels
for shipping over objections of neighbors and environmental groups.
As prices
for crude oil rise, tar
sands - based
oil production in the US has become more commercially attractive to both the government and industry.
«The goal of Sapphire is to produce a
crude product that can be introduced into the existing
crude stream
for production costs that are similar to other new opportunities like
oil shales,
oil sands, and even deep, deep water drilling,» Jason Pyle, Sapphire's chief executive said in an interview.
Average values
for WTW GHG emissions
for oil sands and other
crudes, tight boundary.
The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline
for the transport of
crude oil from the Canadian
oil sands to US refineries.
But bitumen and diluted bitumen aren't actually a kind of
crude oil (the IRS actually relieves tar
sands streams from some taxes
for this very reason), they're a different beast altogether, as the spill responders at the Kalamazoo River learned the hard way.
When the boundary
for measuring GHG emissions is placed around
crude production and processing facilities,
for fuels produced solely from Canadian
oil sands the average well - to - wheels (WTW) life - cycle GHG emissions... Read more →
Enbridge has devised a way to ship more
oil sands crude from Alberta to the US via its Alberta Clipper pipeline without getting further tangled in the type of review that has kept TransCanada's Keystone XL pipeline proposal mired in limbo
for years: switching
crude from one pipeline in its... Read more →
Canadian
oil sands crudes are on average somewhat more GHG emission - intensive than the
crudes they would displace in U.S. refineries, as Well - to - Wheel GHG emissions are, on average, 14 % -20 % higher
for Canadian
oil sands crude than
for the weighted average of transportation fuels sold or distributed in the United States;
discounting the final consumption phase of the life - cycle assessment (which can contribute up to 70 % -80 % of Well - to - Wheel emissions), Well - to - Tank (i.e., «production») GHG emissions are, on average, 72 % -111 % higher
for Canadian
oil sands crude than
for the weighted average of transportation fuels sold or distributed in the United States;
«It's bad
for oil companies and the profit they were expecting from those projects, but from a climate perspective, it's tremendous,» said Danielle Droitsch, senior policy analyst at the Natural Resources Defense Council, one of many environmental groups that oppose extracting the heavy
oil sands crude.
Western Canadian Select, the benchmark
for tar
sands oil, trades at a discount to U.S.
crude because it is lower - grade
oil that's bought and sold in Hardisty, Alberta, far from U.S. refinery customers.
The freight rail network in North America is being turned into a conduit
for crude oil from the landlocked Canadian tar -
sands and the Bakken Shale, as construction timelines and permitting decisions are awaited
for new pipelines.
SDTC awards C$ 1.5 M to support Molten Salt Catalyzed Gasification
for hydrogen production; targeting reduced GHG footprint
for oil sands synthetic
crude
In 2013, Global applied
for a permit to allow it to handle heavy tar
sands crude oil at the same facility.
This means that
oil sands oil has overall (well to wheels) emissions some 17 % greater than
for typical
crude oil and most of these extra emissions are due to energy needed to extract bitumen from the ground.
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.
In its report, EPA seemingly compliments the State Department
for confirming that Canadian tar
sands oil is carbon intensive when compared to other heavy
crudes, due to increased emissions associated with extracting and refining it.
In a post
for Medium, Clinton called Canadian
oil sands North America's «dirtiest fuel» — despite the fact that during her leadership the U.S. State Department approved a cross-border permit
for another
oil sands pipeline in 2009, with the department determining that the «addition of
crude oil pipeline capacity between Canada and the United States will advance a number of strategic interests of the United States.»
Oil sands crude is critically important now and will be into the future, IHS says — which is why we here in the United States should be ever so grateful
for our energy partnership with Canada and attentive to ways that relationship can be strengthened.
Whether it is tar
sands oil, dilbit or conventional
crude,
oil spills are a mess to clean up and the
oil industry should pay a cleanup fee
for a barrel of one type of
oil as it does
for another.
Filed on behalf of 29 environmental and community groups and 36 individuals, the petition includes a list of nine policy recommendations
for the safe transport of dilbit, a type of
crude oil produced from Canada's
oil sands region.
The gut - check issue
for McKibben and his supporters — thousands of whom turned out
for a mass demonstration in Washington, D.C., on Feb. 17 — is the Keystone XL pipeline, a 3,400 - mile pipe proposed by
oil infrastructure company TransCanada that will allow
crude oil extracted from the tar
sands of Alberta, in southern Canada, to be refined on the Gulf of Mexico.
Enbridge is expected to benefit as Keystone continues to languish in bureaucratic limbo awaiting a go - ahead from the Obama administration
for its southern leg, which would carry Canadian «
oil sands»
crude to the U.S. Gulf Coast.»
If you traded in a Camry
for a Prius and switched to
oil -
sands crude at the same time, your total emissions would still drop by 60 percent.
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.
TransCanada, the «energy transfer company» responsible
for getting the incredibly dirty diluted bitumen
oil from the tar
sands in western Canada, and also potentially Bakken
crude, to refineries in Quebec City and St. Johns, New Brunswick, has notified the Canadian government that it is cancelling its proposed Energy East pipeline project, citing slowing growth in -LSB-...]
The pipeline would carry 525,000 barrels of
crude a day from Alberta's landlocked
oil sands to the Pacific Coast
for export.