Assessed using the $ 40 per ton central estimate of the SCC, the carbon charge
on oil sands crude would be about $ 4 per barrel higher than the carbon charge on average US crude.
Not exact matches
The pipeline would connect Canada's tar
sands with refineries
on the Texas Gulf Coast that specialize in processing heavy
crude oil.
It adds that «approval or denial of the proposed project is unlikely to have a substantial impact
on the rate of development in the
oil sands, or
on the amount of heavy
crude oil refined in the Gulf Coast area.»
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.
Every few days, tankers freshly laden with
crude from Alberta's
oil sands squeeze through the shallow Second Narrows channel in Burrard Inlet, make their way through swift currents in the southern Gulf Islands and
on towards offshore markets.
Furthermore, while the company does have another potentially significant growth opportunity
on the horizon in its CA$ 20 billion ($ 15 billion) Frontier
oil sands mining project, it appears to be a long shot of moving forward considering where
crude is these days.
TransCanada has said its shippers remain committed to the project, which would deliver diluted bitumen from Alberta's
oil sands to refineries
on the Gulf Coast that are specifically equipped to process heavy
crude.
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.
It recommends prioritized research
on the chemistry, properties and spill behavior of various types of
crude oil, from
oil sands bitumen, to diluted bitumen, to other unconventional oils.
The United States has become deeply reliant
on extreme extraction from Canada's tar
sands, which this year are expected to become this country's top source of imported
crude, surpassing our purchases from the vast
oil fields of Saudi Arabia.
CALGARY, Alberta (Reuters)- TransCanada Corp
on Thursday said it would move ahead with Canada's largest - ever pipeline, expanding the scale of its $ 12 billion plan to ship
oil sands crude in the West to refiners
on its east coast and beyond as its U.S. - bound Keystone XL line stalls in Washington.
Kerry's testimony came
on the heels of a loud call by more than half the Senate demanding the Obama administration quickly approve the Keystone XL pipeline project that would ship about 700,000 barrels of
crude daily from Canada's
oil sands to refineries along the Gulf of Mexico.
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.
Based
on information and analysis about the North American
crude transport infrastructure (particularly the proven ability of rail to transport substantial quantities of
crude oil profitably under current market conditions, and to add capacity relatively rapidly) and the global
crude oil market, the draft Supplemental EIS concludes that approval or denial of the proposed Project is unlikely to have a substantial impact
on the rate of development in the
oil sands, or
on the amount of heavy
crude oil refined in the Gulf Coast area.
This was first brought to light by
Oil Change International (and soon echoed by Ryan Koronowski
on Climate Progress and then by Carol Linnitt
on DeSmog Canada), all of whom explained the bizarre technicality that exempts dilbit (or diluted bitumen, the transportable form of tar
sands crude) from the taxes that fund the
Oil Spill Liability Trust Fund.
Environmentalists argue that the U.S. president needs to take a stand against further development of tar
sands oil, which is more carbon - intensive than conventional
crude oil, and will put the world
on what they call an unsustainable energy path.
(Reuters)- Exxon Mobil
on Sunday continued cleanup of a pipeline spill that spewed thousands of barrels of heavy Canadian
crude in Arkansas as opponents of
oil sands development latched
on to the incident to attack plans to build the Keystone XL line.
An analysis of the US refining sector, based
on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian
oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO2 emissions (ranging between 5.4 % to 9.3 %) from a 2010 baseline, depending upon... Read more →
«The CO2 numbers [in the
oil sands] sound frightening when only the production and refining are taken into account... Yet once the
oil is burned, a variety of sources say the total lifecycle impact of
oil sands relative to the average
crude used in the U.S. is much smaller, including the Council
on Foreign Relations (17 percent higher emissions) and Cambridge Energy Research Associates (5 - 15 percent).»
compared to selected imports, Canadian
oil sands crudes range from 9 % to 19 % more emission - intensive than Middle Eastern Sour, 5 % to 13 % more emission - intensive than Mexican Maya, and 2 % to 18 % more emission - intensive than various Venezuelan
crudes,
on a Well - to - Wheel basis;
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;
News Articles Featured Nathan Vanderklippe Globe and Mail March 20, 2013 Read the full article
on the originating site Natural Resources Minister Joe Oliver this week told a Vancouver audience that British Columbians have nothing to fear from Pacific exports of Canadian
oil sands crude.
Canada — in the broadest collective sense, in whatever way we are all one — is as fully dug in
on the production of
oil sands crude as it has been in any of its resource projects.
Perhaps not so ironically, the House vote
on Terry's bill happened
on the one - year anniversary of the Kalamazoo River in Michigan being fouled with 800,000 - plus gallons of heavy
crude from
oil sands.
Michael Levi, author of a Council
on Foreign Relations study of the Canadian
oil sands, told the Washington Post that, with the decision, «the Obama administration made clear that it's not going to go about its climate policy in a
crude, blunt way».
But environmental groups have mounted a major campaign to derail the project, arguing that approval of a pipeline from Canada's «tar
sands» will increase global emissions of greenhouse gases, threaten local water sources and frustrate U.S. efforts to reduce its reliance
on crude oil.
«Tar
sands crude is the dirtiest
oil on the planet.
«The IRS has classified tar
sands as different from conventional
oil, and thus the tax levied to fill the liability trust fund is not levied
on tar
sands crude.
The Harper government is lobbying heavily to have President Obama approve the Keystone XL pipeline that would carry 830,000 barrels per day of
oil -
sands bitumen to the vast refining complex
on the U.S. Gulf and would ease the delivery bottlenecks that have driven down Canadian
crude prices.
Because this
oil is so different from conventional
crude, a coalition led by the National Wildlife Federation is demanding a moratorium
on building new tar
sands pipelines — including the Keystone XL — until regulators update the rules regarding this type of
oil.
Some tar
sands producers use
on - site upgrading facilities to turn the bitumen into synthetic
crude, which is similar to conventional
crude oil.
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.
Today, President Obama is expected to veto a bill authorizing the construction of the Keystone XL pipeline, which would transport
crude oil from Canada's tar
sands through the United States to
oil refineries
on the Gulf Coast.
Experts have predicted a «high risk» of rupture
on this aging
oil pipeline that has recently been approved to bring Alberta tar
sands crude to Eastern Canada.