Sentences with phrase «oil sands currently»

He said that oil sands currently represent only 5 per cent of total Canadian emissions.

Clear winners are the gulf coast refiners based in the U.S. Oil from the Canadian oil sands currently trade at a discount to oil along the Gulf Coast and WTI.

Not exact matches

As it is currently planned the twin pipeline will carry 525,000 barrels of bitumen a day from the oil sands west to a terminal in Kitimat on the B.C. coast, where it could be shipped to Asian refineries, as well as refined oil products used to dilute the bitumen flowing east.

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.

With oil sands operations currently emitting roughly 70 Mt / year, the Alberta Climate Leadership Plan leaves «room» for emissions from the oil sands to grow by 30 Mt / year.

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.

Canada currently sends oil from the tar sands to the US through road and rail, but it is cheaper and safer to send oil through a pipeline.

A recent industry report estimates that oil sands production, which currently stands at around 1.5 million barrels a day, could jump 46 percent by 2015.

Currently, Mark still has a good job working in administration at a Fort McMurray oil sands operation, which pays $ 90,000 a year, plus a bonus.

Hughes based his calculations on the 25.6 billion barrels of Canadian tar sands oil that are currently under active development.

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.

Outside the realm of conventional oil, the tar sands of Alberta and the oil shale of the Western U.S. exist in huge deposits, the exploitation of which is currently costly and accompanied by major environmental difficulties, but both definitely hold promise for a substantial increases in oil supply.

Oil sands in situ projects currently under consideration need above $ 65 / barrel net - present value (NPV) to break - even according to Rystad Energy.

According to the Council of Canadians» primer on the subject, TransCanada wants to convert its Eastern Mainline pipeline, which currently transports natural gas and is operating at half capacity, into an tar sands oil pipeline that could carry eastward up to 850,000 barrels per day.

A postscript to our post explaining that the crude oil the Keystone XL pipeline would deliver is comparable to other heavy crudes already being refined in the U.S.: Oil sands crude would replace other heavy oils — most significantly, crude currently imported from Venezueoil the Keystone XL pipeline would deliver is comparable to other heavy crudes already being refined in the U.S.: Oil sands crude would replace other heavy oils — most significantly, crude currently imported from VenezueOil sands crude would replace other heavy oils — most significantly, crude currently imported from Venezuela.

Overwhelmingly, experts agree that oil mined from tar sands in Alberta, Canada is far worse for the climate than most of the oil currently produced and sold in the United States, because of the added pollution from extracting, refining, and delivering it.

In fact, State Department officials recognized that progress in oil sands development has led to Canadian crude oil from oil sands that is «similar in composition and quality to the crude oils currently transported in pipelines in the U.S. and being refined in Gulf Coast refineries.»

Such an approach would be a sea change from the approach currently pursued by Stephen Harper's government, which has pressed ahead with oil sands development and gutted environmental protections of Canada's lakes and rivers, all the while gagging federal scientists to stop the release of data that may contradict the Conservatives» agenda.

As you may know (and as is mentioned in the video), the US is currently considering, and likely to approve, a pipeline that would pump the tar sands oil to Gulf Coast refineries for US consumption.

While I think there is legitimate cause for concern as to whether Exxon really will pay for the damage they have caused (Ben Jervey has a good post on this point), the broader concern is that this 1980 law is currently allowing oil companies shipping tar sands oil to get away without contributing to the Oil Spill Liability Trust Fuoil companies shipping tar sands oil to get away without contributing to the Oil Spill Liability Trust Fuoil to get away without contributing to the Oil Spill Liability Trust FuOil Spill Liability Trust Fund.

On other political fronts, we have steeply rising oil prices, due to the unrest of the «Arab awakening,» currently playing out bloodily upon the Libyan sands as well as more peacefully in other Arab lands.

To my knowledge +1000 ppm is achievable if we're driven to extract the currently uneconomically viable hydrocarbon deposits such as tar sands and shale oil.

It currently takes as many as 3.1 barrels of water to produce one barrel of crude oil from the Alberta tar sands, according to the paper.

Indeed oil - sands production currently accounts for less than one - tenth of 1 percent of global greenhouse gas emissions.

Currently, Alberta prices GHGs from oil sands producers and other large emitters using its Specified Gas Emitters Regulation (SGER), which came into force in 2007.

Currently, the pipeline Kinder Morgan bought in 2005 - the Trans Mountain Pipeline - is the only way oil from the tar sands is getting to export markets via the Pacific coast.