Sentences with phrase «term oil sands»

The term oil sands was invented by public relations flacks, to divert attention from just how dirty the Alberta bitumen deposits are.

Not exact matches

The B.C. government has pinned much of the province's economic future on LNG exports, saying the projects are equivalent to Alberta's oil sands in terms of jobs and revenue generation.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

Oil sands production will continue to increase in the near term, likely through 2020 if not beyond, unless prices decrease materially relative to today.

Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

He used the term «tar sands,» one the advocates of Canada's bitumen sector have long argued is, by itself, biased against the «oil sands.»

More oil sands production translates into a bigger long - term workforce, but the boom was in the construction fray.

From a strictly legal perspective, the relevant question is not whether there is a sufficient connection to any particular existing or proposed oil sands development or other production activity, and certainly not whether such projects or activities were included in the Terms of Reference (ToR), but rather simply whether the GHGs associated with the production of bitumen that will be transported by the NGP are an «environmental effect» of that project (see NGP Report, Volume II, Appendix 4, Terms of Reference, which defines «environmental effect» very broadly to mean «any change that the project may cause in the environment.»

They point to an article that you wrote in March, I think, of 2012 in Policy Options, where you basically said, dirty oil, the tar sands it's called, dirty oil and the future of our country, where you argue that the development of the, as you use the word, tar sands, it's become a political term, by the way, as you know, is basically not necessarily good for the country, in fact it takes jobs away in the manufacturing sector of Ontario.

«Now it's time for the government to unapologetically promote Alberta's emissions reduction successes to date and clearly articulate support for the long - term growth of Alberta's energy industry, including the oil sands, conventional production, natural gas power, cogeneration and renewable energy.»

It has signed long - term agreements with nine communities near its oil sands projects.

However, their long - term contracts and the fact that greater use of frac sand is one way for oil and gas companies to maximize productivity from each well means that demand declines might prove smaller than those of other oil services companies.

While the oil industry waits for the worldwide petroleum glut to decrease — something the International Energy Agency believes might occur by the end of the year — frack sand investors can take comfort in the knowledge that 70 %, 88 %, and 87 % of US Silica's, Hi - Crush Partners», and Emerge Energy's respective current and medium - term production is protected by highly profitable contracts.

Takeaway: 2015 may see earnings fall but oil crash is likely to create great long - term buying opportunity Frac sand suppliers such as U.S. Silica, Hi - Crush Partners, and Emerge Energy Services are unlikely to grow sales and earnings in 2015 due to the oil crash.

Short - to - medium - term cash flow stabilized by attractive and profitable contracts While demand for frack sand is likely to decline due to the crashing price of oil, there is cause for optimism that the decline in demand might not be as severe as the overall decline in new oil drilling.

However, given the company's strong balance sheet, future growth plans, and the strong long - term potential future of America's shale oil and gas production, I remain bullish on frac sand producers in general, and US Silica specifically.

As this table shows, all three frac sand producers have current ratios (short - term assets divided by short - term liabilities) and quick ratios (liquid assets divided by short - term liabilities) much greater than 1, signifying strong balance sheets that should allow all three to weather the current oil crash.

, so the only way oil sands and alternative energy sources are ever going to be meaningfully developed (to properly substitute for oil) in the long term is if they're supported by sustained higher oil prices.

A more likely scenario if we do nothing is that emissions will continue at a rapid pace as oil from sand and shale plus coal substantially replace oil and natural gas, with the consequence that we will have dug ourselves into a deeper hole in terms of having sufficient resources to reduce emissions sufficiently without major disruption to our society.

Ben Gemen at The Hill reports that Secretary of State John Kerry wants a decision on the proposed Keystone XL oil sands pipeline in the «near term, but did not define what «near term» means.»

Unfortunately, the mainstream media and politicians on both sides of the aisle are parroting the hype, claiming — in Obama's case — that unconventional oil can play a key role in an «all of the above» energy strategy and — in Romney's — that increased production of tight oil and tar sands can make North America energy independent by the end of his second term.

Levant himself coined the term «ethical oil» in 2009 after being involved in a panel on tar sands oil.

A new study casts doubt on the long - term ability of the Athabasca River to supply the water Alberta's oil sands industry relies on.

In the longer term, technologies on the horizon could potentially allow for significant reductions in emissions from oil sands operations.

The program is designed to provide an improved understanding of the long - term cumulative effects of oil sands development.

Tar sands oil not only exceeds conventional petroleum, but the energy used in mining, processing, and transporting tar sands oil makes it slightly worse — in terms of CO2 produced per unit energy — than coal.

Strike two against the Obama administration was the permission it granted early in the president's term to build a pipeline into Minnesota and Wisconsin to handle oil pouring out of the tar sands of Alberta.

In July 2013, Storebrand, a major Norwegian pension fund advisor, excluded from its Energy Sector all 13 coal producers and the 6 oil companies with the highest exposure to tar sands «to reduce Storebrand's exposure to fossil fuels and to secure long term, stable returns for our clients...»»

I believe that a globally credible GHG policy is the only way to ensure the continued success of the oil sands industry, but I believe that we must build the policy on our own terms, not using reference points which were chosen for the benefit of other regions.

However, as co-advisor Mark Fulton says, «KXL will improve revenues in the short - term which means that it will help catalyse new investment, more oil - sands production and additional greenhouse gas emissions».

Longer term, a major issue remains: will lower - cost supply severely impact higher - cost exports, like the Canadian oil sands.

Even your tar sands will peak some day, Brent, so «peak oil» is one of those terms like «climate change».

Again, it's not just that burning tar sands oil produces a lot of emissions; it's that long - term capital investments like Keystone (and coal plants, and coal export facilities) «lock in» those dangerous emissions for decades and make catastrophic climate disruption inevitable.

A. I believe [the tar - sand oil offers] far better economic and security benefits short term to this nation at a time when we desperately need it.

Long - term, the oil sands producers face a tricky landscape.

Norway's Storebrand, which holds more than $ 30 billion in assets, recently announced that it would exclude 13 coal and six oil sands companies from all investments «to reduce Storebrand's exposure to fossil fuels and to secure long - term, stable returns for our clients.»

I can see the energy independence pull on tapping into these fuel sources, but frankly any government which advocates developing oil shale or tar sands seriously loses its credibility in terms of its commitment to tackling climate change and on the environment more broadly.

This Monday, White House spokesperson Josh Earnest said that President Obama would make a finial decision before the end of his term on the controversial Keystone XL pipeline, which would transport oil from Canada's tar sands into the U.S. and beyond if approved.

Though industry information sources only speak of «oil sands» (a more technically appropriate term according to Wikipedia), «Tar Sands» seems to remain the preferred term for its detractors.

This will help to avoid costly missteps by ensuring the alignment of medium - and long - term objectives and minimize the risk of carbon lock - in associated with country's oil sands industry.

«KXL will improve returns in the short - term, which means that it will help catalyze new investment, more oil - sands production, and additional greenhouse gas emissions,» adds co-advisor Mark Fulton.

However, when framed in terms of the steps we need to make to stabilize the climate, the oil sands loom larger, comparable in size to one of the Princeton wedges.