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Keyword: oilsands

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  • Krauthammer: Stop jerking Canada around

    01/24/2014 8:45:44 AM PST · by T-Bird45 · 16 replies
    WashPo ^ | 1/23/2014 | C. Krauthammer
    Fixated as we Americans are on Canada’s three most attention-getting exports — polar vortexes, Alberta clippers and the antics of Toronto’s addled mayor — we’ve somewhat overlooked a major feature of Canada’s current relations with the United States: extreme annoyance. Last week, speaking to the U.S. Chamber of Commerce, Canada’s foreign minister calmly but pointedly complained that the United States owes Canada a response on the Keystone XL pipeline. “We can’t continue in this state of limbo,” he sort of complained, in what for a placid, imperturbable Canadian passes for an explosion of volcanic rage.
  • Canada loses patience on Keystone XL, tells U.S. to decide

    01/17/2014 6:01:02 AM PST · by thackney · 30 replies
    Reuters ^ | Fri Jan 17, 2014 | David Ljunggren
    Canada bluntly told the United States on Thursday to settle the fate of TransCanada Corp's proposed Keystone XL pipeline, saying the drawn-out process on whether to approve the northern leg of the project was taking too long. The hard-line comments by Foreign Minister John Baird were the clearest sign yet that Canada's Conservative government has lost patience over what it sees as U.S. foot-dragging. Baird also conceded that Washington might veto the project, the first admission of its kind by a Canadian government minister. The 1,200-mile (1,930-km) pipeline would carry 830,000 barrels a day from the Alberta tar sands in...
  • Oilsands rant is getting old (Neil Young, again)

    01/14/2014 9:42:46 AM PST · by Dartman · 23 replies
    Toronto Sun ^ | Jan. 13/14 | Editorial
    Old man, we look at your life, and you’re not a lot like we are. And if there’s one thing that average folks don’t like, it’s rich celebrities telling them what’s best. Which is why we’re rolling our eyes at the free world rockin’ Neil Young. Young gave a press conference opposing oilsands development at Massey Hall in Toronto Sunday , prior to starting one of his Honour The Treaties concerts. He said "Canada is trading integrity for money," and that he’s embarrassed as a Canadian. He’s raising money for the Athabasca Chipewyan First Nation to wage legal battles against...
  • Pembina advances Phase III Canadian crude pipeline expansion

    12/23/2013 8:36:46 AM PST · by thackney
    Oil & Gas Journal ^ | 12/17/2013 | Christopher E. Smith
    Pembina Pipeline Corp. has reached binding commercial agreements to proceed with its $2 billion Phase III Pipeline Expansion. Pembina expects the 540-km expansion to enter service between late 2016 and mid-2017, subject to environmental and regulatory approvals. Phase III will follow and expand certain segments of Pembina’s existing pipeline systems from Taylor, BC, southeast to Edmonton, Alta., with priority placed on areas in need of debottlenecking. The core of the expansion will entail building a 270-km, 24-in. OD pipeline from Fox Creek, Alta., to the Edmonton area. The expansion will have an initial capacity of 320,000 b/d, expandable to more...
  • Northern Gateway pipeline approved by panel with 209 conditions

    12/20/2013 4:02:12 AM PST · by canuck_conservative · 6 replies
    Financial Post [Canada] ^ | December 19, 2013 | Jeff Lewis
    ... Final say on the 1,177-kilometre pipeline now rests with the federal cabinet, which has 180 days to decide the project’s fate. Gateway, if built, would allow up to 525,000 barrels of oil sands-derived crude to reach new markets in Asia and on the U.S. West Coast. A twinned pipeline would import 193,000 bpd of bitumen-thinning condensate. Enbridge has said the project could be up and running by 2018, although the company is expecting costs to rise. It said during final public hearings the pipeline could cost $7.9-billion, according to the panel.... Reaction from opponents was swift. Greenpeace vowed on...
  • Oil begins flowing through Keystone XL’s southern leg

    12/09/2013 1:27:50 PM PST · by Cincinatus' Wife · 7 replies
    Houston Chronicle - Fuel Fix ^ | December 9, 2013 | Zain Shauk
    HOUSTON — TransCanada has begun moving oil into the Keystone XL pipeline’s southern leg, which runs from Oklahoma to the Texas coast, a company spokesman said Monday. “TransCanada is pleased to confirm that at approximately 10:04 am Central Time on Saturday, December 7, 2013, the company began to inject oil into the Gulf Coast Project pipeline as it moves closer to the start of commercial service,” TransCanada spokesman Shawn Howard said in an email. The pipeline owner will need to fill the newly constructed line before it can begin delivering oil to refineries along the Gulf Coast, including those in...
  • New U.S. funding for the war on Canadian oil

    12/03/2013 7:52:47 AM PST · by canuck_conservative · 10 replies
    Financial Post [Canada] ^ | December 2, 2013 | Vivian Krause
    For more than a decade, there has been a complex international effort to stymie the oil industry in Canada. It’s called the Tar Sands Campaign and the main sources of funding for this campaign are the Rockefeller Brothers Fund, the William & Flora Hewlett Foundation, the Oak Foundation, the Sea Change Foundation, the Tides Foundation and other charitable foundations, most of which are based in California. By my calculations, these foundations have provided at least $75-million for campaigns and land use planning initiatives that thwart the development and export of Canadian oil. Until now, little information has been available about...
  • Safe shipping for Canada's oil

    09/26/2013 6:01:22 AM PDT · by thackney · 5 replies
    CALGARY HERALD ^ | SEPTEMBER 25, 2013 | POSTMEDIA
    New construction technology, stringent and continuously improving regulations, and years of industry experience make Canada's oil shipping industry well-equipped to accommodate increased tanker traffic on the West Coast should new pipeline projects proceed, concludes the leading independent consulting firm IHS CERA. In addition, should an incident occur, Canada has access to more than $1.3-billion in ompensation, exceeding what is generally available internationally, says the IHS CERA report, Assessing Marine Transport for Oil Sands on Canada's West Coast. "There have been a great many questions from the public asking what it would mean to ship more crude oil off Canada's West...
  • Crude trains keep rolling

    08/04/2013 5:34:43 AM PDT · by thackney · 20 replies
    Petroleum News Bakken ^ | Week of August 04, 2013 | Gary Park
    Canada’s two big railroads and oil producers are pressing ahead with plans to increase the use steel-wheels-on-steel-rails to move crude even as the small Quebec town of Lac-Megantic reels from what can go wrong with a crude-laden train. Canadian Pacific Railway, despite four derailments of trains carrying oil or petroleum products this year, posted a record second-quarter profit, crediting long-haul oil shipments for much of the gain, while Canadian National Railway cited oil transport as a key to its profits for the quarter. But, acknowledging the public and political demand for action, both have tightened their safety procedures for trains...
  • Keystone XL Only a Matter of Time

    08/01/2013 8:05:08 AM PDT · by Leigh Patrick Sullivan · 22 replies
    LPSullivan.com ^ | August 1, 2013 | Leigh Patrick Sullivan
    Because the intended pipeline crosses an international border, the president has a say in the project. So far, we’ve seen President Obama hum, haw, mumble, and double-talk his way through questions about the pipeline. While I have always believed his hesitation was caused by the fact the Keystone decision would be a no-win for him – say no, piss off his union supporters, say yes and it’s the environuts who will be protesting – I have come to realize there might be something else at play.
  • Canada Train Wreck Shows Need For Keystone Pipeline

    07/09/2013 4:23:11 PM PDT · by raptor22 · 9 replies
    Investot's Business Daily ^ | July 9, 2013 | IBD EDITORIALS
    A n oil-laden train not unlike those rolling down American tracks derailed and exploded Saturday in a Canadian town, proving why pipelines are safer and environmentalist opposition to a pipeline from Canada is misguided. At least 13 people were reported dead and 37 missing in the charred Quebec town of Lac-Megantic, 130 miles east of Montreal, after the accident created an inferno of burning crude. Some may never be found, likely vaporized by the sheer intensity of the blaze that burned for 36 hours. Canada's oil boom, due largely to development of the oil sands in its western province of...
  • Bitumen bubble bursts as heavy oil differential narrows

    07/05/2013 10:58:58 AM PDT · by thackney · 4 replies
    CALGARY HERALD ^ | JULY 5, 2013 | DAVE COOPER
    The so-called "bitumen bubble," which was used to justify provincial cuts this spring, has burst, as Alberta bitumen passed the $85 per barrel mark this week. That's almost double what Alberta was getting for its raw bitumen in January, when prices were about $45 per barrel. And since all prices are based on U.S. dollars, and the loonie has dropped in value compared to its American counterpart, Thursday's price of $85.50 looks even sweeter. The most important international benchmark, West Texas Intermediate (WTI) oil at Cushing, Okla., was trading for $101 per barrel. And Western Canada Select (WCS), the benchmark...
  • {Canadian} Oil industry set to grow

    07/05/2013 5:04:03 AM PDT · by thackney · 7 replies
    CALGARY HERALD ^ | July 4th, 2013 | Postmedia News
    Canada's oil industry continues to expand and will see production more than double over the next two decades, says a forecast released by the Canadian Association of Petroleum Producers (CAPP). The projected increase presents both opportunities and challenges for the sector and the markets it is seeking to supply. Crude oil production in Canada is expected to increase to 6.7 million barrels per day by 2030, up from 3.2 million barrels per day in 2012, according to CAPP's 2013 Crude Oil Forecast, Markets and Transportation report released this month. This includes oil sands production of 5.2 million barrels per day...
  • Obama Donor Set To Profit From Keystone Demise

    06/27/2013 6:09:22 PM PDT · by raptor22 · 9 replies
    Investor's Business Daily ^ | June 27, 2013 | IBD EDITORIALS
    Energy Policy: A billionaire hedge fund manager and Barack Obama donor is pushing the president to stop the pipeline that would compete with one he's invested in. That pipeline could send Canadian oil to China. Environmental activist Tom Steyer donated as much as he could to get Massachusetts Rep. Ed Markey elected to the Senate in the recent special election to fill the seat vacated by now-Secretary of State John Kerry. He wanted another senator who's opposed to completing the Keystone XL pipeline that he says would be an environmental plague on the planet. A few days before President Obama...
  • Obama's Carbon Scam Jeopardizes Keystone Jobs

    06/26/2013 4:19:13 PM PDT · by raptor22 · 17 replies
    Investor's Business Daily ^ | June 26, 2013 | OND EDITORIALS
    Energy Policy: The president said Tuesday the pipeline from Canada should be built if the State Department finds it will not add to carbon pollution and is in our national interest. But State already has — twice. 'Allowing the Keystone pipeline to be built requires a finding that doing so would be in our nation's interest," the president said in his speech on climate change. "And our national interest will be served only if this project does not significantly exacerbate the problem of carbon pollution." As with Benghazi, President Obama must not talk to the State Department much. For in...
  • Federal scientists: Diluted oil sands crude poses no higher pipeline risk

    06/25/2013 11:27:15 AM PDT · by thackney · 8 replies
    Fuel Fix ^ | Jennifer A. Dlouhy | June 25, 2013
    The heavy oil sands crude that would flow through Keystone XL is no more likely to cause pipelines to corrode and fail than other crudes, according to a government study Tuesday that could give a boost to the controversial TransCanada Corp. project. But the report by the National Academy of Sciences did not examine the challenges in cleaning up any spills of dense Canadian bitumen that can only be transported through U.S. pipelines after it is diluted with lighter oils. And critics said the study focused too much on the risks of pipeline transmission of diluted bitumen in comparison with...
  • Canadian oil output to rise despite lower outlook for oilsands mining (with graphic) {at source}

    06/07/2013 5:38:09 AM PDT · by thackney
    EDMONTON JOURNAL ^ | JUNE 6, 2013 | DAVE COOPER
    Canada’s oil production will hit a record 6.7 million barrels per day by 2030, the Canadian Association of Petroleum Producers said Wednesday, increasing its estimate from last year by 500,000 barrels per day. Almost all the oil will come from Western Canada, with Alberta’s oilsands producing 5.2 million bpd and the rest coming mostly from Alberta and Saskatchewan conventional and tight oilfields. “While the oilsands in situ production (from chiefly SAGD — steam assisted gravity drainage) will increase by 400,000 barrels, we will see a decrease of 200,000 barrels from mining projects that have been deferred (since last year’s report),”...
  • MacDonald: A few inconvenient oilpatch truths for Al Gore

    05/13/2013 5:04:37 AM PDT · by thackney · 2 replies
    Calgary Herald ^ | MAY 8, 2013 | L. IAN MACDONALD
    In an interview with the Globe and Mail, former U.S. vice-president Al Gore referred to Canada’s oil and gas riches as a “resource curse” and said the Alberta oilsands add “to the reckless spewing of pollution into the Earth’s atmosphere as if it’s an open sewer.” Gore speaks as winner of the Nobel Peace Prize in 2007 for his efforts to educate the world on climate change. This would be the same Al Gore who recently sold his cable TV network, Current, to al Jazeera for $500 million. Al Jazeera, of course, would be the same network owned by Qatar,...
  • Canadian Minister: Put Up Or Shut Up On Keystone XL

    04/26/2013 6:15:41 AM PDT · by raptor22 · 11 replies
    Investor's Business Daily ^ | April 26, 2013 | IBD EDITORIALS
    Energy: As the EPA snipes at the State Department's approval, Canada's natural resource minister says failure to approve the pipeline would seriously jeopardize our energy relationship and do nothing to save the earth. Joe Oliver, not amused by the continued delays in perhaps the most shovel-ready project since the pyramids, said Wednesday that rejection by the U.S. of the proposed Keystone XL pipeline "would represent a serious reversal in our long-standing energy relationship." This critical energy infrastructure project is also perhaps the most studied and approved. After a reroute at the behest of environmentalists allegedly concerned about the sensitive Ogallala...
  • Kinder Morgan quietly plans West Coast pipeline expansion for oil sands

    04/23/2013 5:45:07 AM PDT · by thackney · 15 replies
    Fuel Fix ^ | April 22, 2013 | David R. Baker
    As President Obama weighs the fate of the Keystone pipeline, a similar project connecting Canada’s oil sands to the West Coast is quietly moving forward, little noticed in the United States. A 60-year-old pipeline already pumps oil from northern Alberta to Vancouver’s busy harbor for shipment to Asia or California. Now the owner, Kinder Morgan Canada, wants to nearly triple the Trans Mountain Pipeline’s capacity, making it even bigger than Keystone. And unlike Keystone, Trans Mountain’s proposed $5.4 billion expansion doesn’t need the approval of the U.S. government. Canadian authorities will have the final say. The project would give Canada’s...
  • Total Dumps Canadian Oil Sands Project for $1.65bn Loss

    04/04/2013 10:44:31 AM PDT · by Lorianne · 10 replies
    Oil Price ^ | 31 March 2013 | Jen Alic
    France’s Total SA (NYSE: TOT) will sell its 49% stake in its Canadian oil sands project to Suncor Energy Inc. for $500 million, netting the French oil giant a $1.65 billion loss on the beleaguered project. Total would have had to spend another $5 billion (at least) on the Alberta oil sands Voyageur Upgrader project over the next five years—an investment that cannot be justified according to its executives. The project is beleaguered by increasing labor costs, a shortage of labor and the falling prices of Canadian heavy crude against rising US oil production. Profit margins have narrowed to the...
  • Yedlin: New York Times editorial attacks oilsands with clear vitriol, murky facts

    04/03/2013 1:16:30 PM PDT · by thackney · 25 replies
    Calgary Herald ^ | APRIL 3, 2013 | Deborah Yedlin
    It’s one thing for citizens to have a healthy debate about a controversial issue affecting a jurisdiction — but it’s another entirely to take the discussion outside those boundaries. That’s exactly what Thomas Homer-Dixon did with his editorial page piece that appeared in the New York Times on Monday, excoriating the oilsands and suggesting it would be good for Canada if President Barack Obama does not allow the construction of the Keystone XL pipeline. The Waterloo University professor who is at the Centre for International Governance Innovation and Chair of Global Systems at the Balsillie School for International Affairs makes...
  • Canada 101: A Primer for Americans

    03/24/2013 10:02:33 AM PDT · by Leigh Patrick Sullivan · 30 replies
    The Moderate Separatist ^ | March 24, 2013 | Leigh Patrick Sullivan
    There have been many misconceptions swirling around down south about Canada. While lack of knowledge about America’s closest neighbor and ally is certainly not uncommon, current issues such as the Keystone XL pipeline have brought many to the surface. In an effort to better educate our American cousins, here’s a quick primer on all things Canada.
  • Ewart: Tom Mulcair is sending confusing messages about oilsands development

    03/15/2013 6:24:22 AM PDT · by thackney · 2 replies
    Calgary Herald ^ | MARCH 14, 2013 | STEPHEN EWART
    There is a gap in Tom Mulcair's logic about oilsands development that's big enough to run a pipeline through. Actually, you could likely reroute the pipeline to skirt an environmentally sensitive aquifer or build a rail line to transport record amounts of crude oil by train and still have room to manoeuvre the tricky political terrain that Mulcair is hoping to cross. The federal NDP leader is in Washington this week proclaiming his opposition to the proposed Keystone XL pipeline from Alberta to Texas just as he opposed the Northern Gateway pipeline from the oilsands to the B.C. coast for...
  • Oilsands leaders blast 'lazy' contractors

    03/13/2013 6:46:39 AM PDT · by thackney · 3 replies
    Calgary Herald ^ | MARCH 13, 2013 | DAVE COOPER
    As oilsands firms struggle to contain costs while producing some of the world's most expensive crude, "fat, lazy and inefficient" suppliers and contractors will have to be replaced, oilsands leaders said Tuesday. Four officials attending the inaugural Edmonton Network of the Association for Corporate Growth on Tuesday were critical of supply companies they say have not yet grasped the new business reality - the need to "wring the towel" and reduce both capital and production costs. Don Lowry, chairman of Canadian Oil Sands and the former CEO of Epcor, related the tale of obtaining a quote for a bathroom at...
  • State: No Environmental Reason To Delay Keystone XL

    03/04/2013 4:45:27 PM PST · by raptor22 · 8 replies
    Investor's Business Daily ^ | March 4, 2013 | IBD EDITORIALS
    War On Energy: In yet another clean bill of health, the State Department's draft review says the pipeline from Canada will not affect global warming or harm aquifers it crosses. But it will create jobs and economic growth. The U.S. State Department's second Keystone XL supplemental environmental impact statement, which represents the project's fourth environmental review, finds the pipeline would not accelerate global greenhouse gas emissions or significantly harm the natural habitats along its route. This sent the administration's environmentalist base into spasms of hysteria. Greenies had warned that the extraction of crude from Alberta's oil sands would release dangerous...
  • Obama Unveils His Economy-Killing Cap-And-Tax Plan

    02/13/2013 4:18:45 PM PST · by raptor22 · 18 replies
    Investor's Business Daily ^ | February 13, 2013 | IBD EDITORIALS
    Energy: The president's proposed Energy Security Fund will stifle the private energy sector boom and provide permanent funding for future Solyndras and electric cars that nobody wants. And what about that pipeline, sir? A nonexistent crisis is a terrible thing to waste, and in justifying his proposal for a cap-and-tax scheme, President Obama claimed in his State Of The Union that "the 12 hottest years on record have all come in the last 15." He was lying. The fact is, according to new data released quietly last October by Britain's Met Office, the world's natural post-Ice Age warming trend stopped...
  • Nebraska Environmental Report Finds Keystone XL Pipeline Safe To Bring Jobs, Revenue, Growth

    01/08/2013 4:37:15 PM PST · by raptor22 · 10 replies
    Energy: The further review the administration said was needed is done, with a Nebraska environmental agency saying it's safe to build the pipeline that will bring oil, jobs and revenue from our friendly northern neighbor. After kicking the Canadian oil barrel down the road, the Obama administration may soon be forced to approve the Keystone XL pipeline or come up with another excuse to block it after a report from the Nebraska Department of Environmental Quality declared it would have "minimal environmental impacts" on the state and its sensitive aquifers. Friday's report triggered a 30-day deadline for Nebraska Gov. Dave...
  • API Awaits Outcome of Final Keystone XL Hearing

    12/05/2012 5:38:47 AM PST · by thackney · 3 replies
    Rig Zone ^ | December 04, 2012 | Matthew V. Veazey|
    In anticipation of a long-awaited Nebraska Department of Environmental Quality's (DEQ) public hearing on TransCanada's proposed Keystone XL (KXL) oil pipeline, the American Petroleum Institute (API) on Tuesday urged President Obama to approve the project. The DEQ's final hearing is scheduled to begin at 6 p.m. Central time Tuesday in Albion, Neb. On Oct. 30, 2012, the agency released its draft report on a revised KXL route that avoids the environmentally sensitive Sand Hills region in northeastern Nebraska. "With today's final [Nebraska] public hearing, the DEQ can conclude deliberations on this project," said API Central Region Director John Kerekes in...
  • Obama pipeline decision may preview energy policy (Keystone XL)

    12/01/2012 4:17:27 PM PST · by Olog-hai · 18 replies
    Associated Press ^ | Dec. 1, 2012 11:28 AM EST | Josh Lederman
    It’s a decision President Barack Obama put off during the 2012 campaign, but now that he’s won a second term, his next move on a proposed oil pipeline between the U.S. and Canada may signal how he will deal with climate and energy issues in the four years ahead. Obama is facing increasing pressure to determine the fate of the $7 billion Keystone XL project, with environmental activists and oil producers each holding out hope that the president, freed from the political constraints of re-election, will side with them on this and countless other related issues down the road. On...
  • Senators Ask Obama For Post-Election Keystone OK

    11/21/2012 9:32:56 AM PST · by raptor22 · 13 replies
    IBD EDITORIALS ^ | Nobember 21, 2012
    Now that the election is over, nine Republican and nine Democrats have asked the president to stop making excuses and build a job-creating pipeline that will close the revenue gap through economic growth. The truly bipartisan group of senators, led by Max Baucus, a Montana Democrat and powerful chair of the Senate Finance Committee, and John Hoeven, a North Dakota Republican, wrote President Obama on Friday urging him to quickly issue a permit for the northern leg of the Keystone XL pipeline that would bring over 830,000 barrels of crude from Canada's oil sands to American refineries every day. "Setting...
  • Bipartisan Senate Group Pushes For Keystone XL Okay - Time To Lay Some Pipe

    11/20/2012 4:49:07 PM PST · by raptor22 · 11 replies
    Now that the election is over, nine Republican and nine Democrats have asked the president to stop making excuses and build a job-creating pipeline that will close the revenue gap through economic growth. The truly bipartisan group of senators, led by Max Baucus, a Montana Democrat and powerful chair of the Senate Finance Committee, and John Hoeven, a North Dakota Republican, wrote President Obama on Friday urging him to quickly issue a permit for the northern leg of the Keystone XL pipeline that would bring over 830,000 barrels of crude from Canada's oil sands to American refineries every day. "Setting...
  • Alberta bitumen takes to the tracks

    11/12/2012 10:13:48 AM PST · by thackney · 4 replies
    Calgary Herald ^ | NOVEMBER 12, 2012 | DAVE COOPER
    In a market where heavy crude sells at a huge discount and pipeline space is at a premium, one oilsands producer has found a way around the bottleneck. Southern Pacific Resource Corp., which began trucking out initial production from its new McKay Thermal Project three weeks ago, will open a dedicated rail terminal in a few weeks just south of Fort McMurray and ship its product in leased tanker cars via CN Rail all the way to Natchez, Miss. From there, it's just a short barge ride down the Mississippi River to one of the eight refineries in Louisiana, where...
  • Do We Want To Buy Canadian Oil From The Chinese?

    07/30/2012 5:53:58 AM PDT · by raptor22 · 6 replies
    IBD editorials ^ | July 30, 2012
    Energy Policy: Buoyed by White House inaction, China's state-owned oil company has made a multibillion-dollar bid for a Canadian company with interests in Canada's oil sands — North American oil for the lamps of China. 'Do we really want to be buying our oil or Canadian oil back from the Chinese?" asked Sen. John Hoeven on Thursday as he reacted to news that China's state-owned oil company, CNOOC Ltd., had launched a $15.1 billion takeover bid for Canada's Nexen Inc., a company with operations in the Gulf of Mexico. Our answer would be no. But it may happen, thanks to...
  • Oilsands 'landlocked' because of environmental concerns and market bottlenecks

    07/12/2012 5:37:50 AM PDT · by thackney
    POSTMEDIA NEWS via Calgary Herald ^ | JULY 11, 2012 | MIKE DE SOUZA
    Canadian oil exports "are essentially landlocked" because of mounting environmental concerns about the oilsands and bottlenecks in the U.S. midwest market, say newly released briefing notes prepared for Natural Resources Minister Joe Oliver. The records, marked "secret" but released to Postmedia News using access to information legislation, suggest the U.S. pipeline network is partly to blame for the problem, along with the need for stronger regulations to control the environmental footprint of oilsands activity on the climate, air, land, water and wildlife. "How Canada addresses the environmental issues surrounding the current and projected growth of the industry is of fundamental...
  • Keystone Pipeline: An oil rush up north

    07/02/2012 2:09:26 PM PDT · by MinorityRepublican · 6 replies
    The Washington Post ^ | Saturday, June 30, 2012 | Steven Mufson
    Repairman Shawn Flett stood 30 feet above the ground on the deck of a truck the size of a house. He had just waved it gingerly into the repair shop as if guiding an airplane into a hangar. This is a beast of a machine, with 14-foot tires and weighing in at more than a million pounds. The truck burns 50 gallons of diesel an hour as it rumbles with 400-ton loads across the giant open-pit mines that have transformed a swath of Alberta’s vast northern forest into unsightly but lucrative sources of oil. “It handles like a Cadillac,” Flett...
  • Bakken Boom to Squeeze Oil Sands Margins

    06/05/2012 11:05:18 AM PDT · by thackney · 15 replies
    Rig Zone ^ | June 05, 2012 | Karen Boman
    Growing U.S. tight oil production, particularly from the Bakken oil play, threatens to squeeze the margins of Canadian oil sands projects, and could result in unsanctioned oil sands projects being delayed or cancelled due to the potential for wide and volatile price differentials, according to a May 2012 report by Wood Mackenzie. The massive growth of North American tight oil production, particularly North Dakota's Bakken play, is placing pressure, and competing directly with Canadian barrels moving south, according to the report. This problem will only get worse as Wood Mackenzie forecasts that North Dakota's Bakken production will double to 1.2...
  • Alberta upgraders an option if pipelines blocked, analyst says

    05/25/2012 6:28:54 AM PDT · by thackney
    Calgary Herald ^ | MAY 24, 2012 | DAVE COOPER
    If new bitumen pipelines are not built to the West Coast, Alberta must opt for both new local upgrading projects, and more capacity to produce refined products which can be more easily shipped and exported, a global energy expert said Thursday. “If Northern Gateway doesn’t go ahead, or Kinder Morgan’s TransMountain to Vancouver, Alberta could produce more synthetic crude to move east to Sarnia and beyond. Another option is more local refining, and certainly there is strong local demand for diesel,” said Robert Johnston, director of global energy and natural resources for the Eurasia Group, at the PricewaterhouseCoopers Energy Visions...
  • Kinder Morgan to expand Canada pipeline {for export to Asia}

    04/13/2012 4:57:57 AM PDT · by thackney · 8 replies
    Fuel Fix ^ | April 13, 2012 | Associated Press
    Kinder Morgan Energy Partners is throwing a $5 billion solution at Canada’s growing supply of stranded oil, announcing Thursday that it plans to nearly triple the capacity of a pipeline that would kick open the door to Asia. The project is one of the most expensive Kinder Morgan has undertaken, due in part to the terrain and environments through which the project would run, said Emily Mir, a spokeswoman for the company. The Houston-based pipeline giant said it will expand its Trans Mountain pipeline system, which traverses the Canadian Rockies en route from Edmonton, Alberta, to the Vancouver area of...
  • Wanted: engineers for oilsands growth

    04/10/2012 5:08:57 AM PDT · by thackney · 9 replies
    CALGARY HERALD ^ | APRIL 9, 2012 | DAVE COOPER
    As Alberta's oilsands developers get set to expand or launch new projects, recruiting firm Randstad Canada is telling them to expect a tougher time finding the seasoned engineers and managers they so desperately want. "Pretty much every category now is in yellow working toward red (extreme shortage) because the expansion in Alberta is just massive," said Mike Winterfield, president of the professionals division for Randstad. The most in-demand engineering positions include civil, mechanical and electrical with expertise in areas such as pipe design, instrumentation and project management. Randstad rates the shortages by how much time and effort it takes to...
  • North America has the potential to be energy world's next Middle East, report argues

    03/25/2012 4:37:49 PM PDT · by mamelukesabre · 11 replies · 1+ views
    The Telegraph ^ | 4:29PM GMT 22 Mar 2012 | Richard Blackden
    North America's energy sector has the potential to drive a "remarkable resurgence" that could see the Continent become the new Middle East in shaping the global supply of gas and oil, a new report has claimed. Deepwater drilling in the Gulf of Mexico, tapping shale deposits for gas and oil and Canada's oil sands are among the ingredients that could see North America's production of oil and natural gas liquids almost double to 26.6m barrels a day by 2020, according to a report by analysts at Citigroup. "The energy sector in the next few decades could drive an extraordinary and...
  • Oilsands nearing pipeline pinch

    03/28/2012 4:56:50 AM PDT · by thackney · 10 replies
    CALGARY HERALD ^ | MARCH 27, 2012 | REBECCA PENTY
    Crude-on-crude competition for export pipeline space is moving up predictions for a pinch point faced by oilsands producers that some observers warn will have to postpone or scrap future expansions, unless new pipe is laid. Fast-growing supplies of conventional crude from North Dakota and western Canadian provinces are fighting for room in pipelines with rising bitumen output, the Canadian Energy Research Institute said in a report Monday, forecasting that by 2015 oilsands growth could grind to a halt should no additional lines be built. Other observers acknowledged they are also retooling their outlooks with a similar view, citing a well-documented...
  • Work-camp population booms along with Alberta oilsands

    03/26/2012 1:52:53 PM PDT · by thackney · 6 replies · 2+ views
    CALGARY HERALD ^ | MARCH 26, 2012 | SHEILA PRATT
    The work-camp population in northeastern Alberta is set to grow again, possibly by as much as 30 per cent, as the oilsands boom ramps up in the Fort McMurray area. Applications for another 48 work camps with a total of 17,000 beds are in the queue for provincial permits, mostly in the northeast, though not every application will necessarily be approved by the Alberta Sustainable Resource Development, which regulates use of public lands, says spokesman Duncan MacDonnell. Currently, there are 53,500 beds available in dozens of camps. Of those, about 35,200 are at operating oilsands projects and 18,300 are at...
  • Presidential Pork Kills Keystone

    03/08/2012 6:57:03 PM PST · by Kaslin · 35 replies
    Townhall.com ^ | March 9, 2012 | John Ransom
    56 Senators voted in favor of a plan yesterday that would allow the Keystone pipeline to go forward by cancelling the bureaucratic roadblocks put up by the Obama administration/world-wide bus tour. “The 56-42 vote came after President Barack Obama called Democratic senators to lobby them to oppose the 1,700-mile Keystone XL pipeline, which would carry tar sands oil from western Canada to refineries along the Texas Gulf Coast,” reports FoxNews.“Even so, 11 Democrats sided with Republicans to sidestep Obama's rejection of the pipeline and allow the $7 billion project to go forward.”Yet, despite the majority vote, Senate rules apparently require a...
  • To Asia via Vancouver; Cenovus tests crude oil exports to China

    02/25/2012 3:33:36 PM PST · by thackney · 5 replies
    Petroleum News ^ | Week of February 26, 2012 | Gary Park
    Cenovus Energy, one of Canada’s top-tier oil sands producers, has sent its first tanker load of crude to China, intensifying competition to expand port facilities on the British Columbia coast at the same time opposition is growing to Enbridge’s pivotal Northern Gateway project. Brian Ferguson, chief executive officer at Cenovus, disclosed his company sold 250,000 barrels to an unspecified Chinese customer earlier in February to “establish a relationship with refineries in terms of how they value and price Cenovus crude. So it’s very significant strategically.” The shipment was made possible when Cenovus gained 12,000 barrels per day of firm service...
  • Canadian Prime Minister Shills Alberta Oil Sands in China

    02/14/2012 8:16:16 AM PST · by bananaman22 · 13 replies
    Oilprice.com ^ | 02/13/2012 | John C.K. Daly
    Canadian Conservative Prime Minister Stephen Harper is in the midst of an official visit to China. His mission? To convince Beijing’s mandarins to buy Canada’s Alberta oil sands hydrocarbon production, now that Republican Congressional overreach has effectively sidelined the Keystone XL pipeline, designed to transit the oil to U.S. Gulf of Mexico refineries, for the foreseeable future. Harper faces an uphill struggle, as China is questioning the delays in implementing the Northern Gateway pipeline, to transit Alberta’s oil to Canada’s western coast for transshipment to China. Complicating the picture, Harper has a weak hand of cards, and both he and...
  • Industrial Sabotage: Rockefeller Fund’s $28 Million Campaign Against Keystone Pipeline

    02/07/2012 10:59:47 AM PST · by Kennard · 10 replies
    Sun News Network ^ | February 1, 2012 | Ezra Levant
    http://www.sunnewsnetwork.ca/video/billionaire-boondoggle/1428210002001
  • BLM issues draft programmatic EIS for western oil shale, tar sands

    02/07/2012 8:33:36 AM PST · by thackney · 7 replies
    Oil & Gas Journal ^ | 02/03/2012 | Nick Snow
    The US Bureau of Land Management published a draft programmatic environmental impact statement and possible land use amendments for federally administered oil shale and tar sands acreage in Colorado, Utah, and Wyoming. It also opened a 90-day comment period on the proposals on Feb. 3. The draft PEIS analyzes several land allocation and resource management alternatives, the US Department of the Interior agency noted. It said if it decides to adopt the preferred alternative, 461,965 acres would be available for research and development of oil shale (35,308 acres in Colorado, 252,181 acres in Utah, and 174,476 acres in Wyoming), and...
  • BLM proposes scaling back oil shale, tar sands development

    02/06/2012 5:31:48 AM PST · by thackney · 11 replies · 1+ views
    Fuel Fix ^ | February 3, 2012 | Puneet Kollipara
    The Bureau of Land Management on Friday proposed scaling back a George W. Bush-era plan for development of oil shale and tar sands on Western lands, drawing the ire of Republicans and industry groups. The plan would reduce the available acreage for oil-shale and tar-sands development by about three-fourths in Utah, Colorado and Wyoming in an attempt to protect environmentally sensitive areas. It also would pull back the Bush-era proposal to make oil-shale leases available for commercial development, instead continuing to lease them only for research-and-experimentation purposes. BLM announced last year it would redo the Bush-era plan as part of...
  • Thwarted on US oil pipeline, Canada looks to China

    01/30/2012 5:15:55 AM PST · by thackney · 3 replies
    Fuel Fix ^ | January 29, 2012 | Associated Press
    The latest chapter in Canada’s quest to become a full-blown oil superpower unfolded this month in a village gym on the British Columbia coast. Here, several hundred people gathered for hearings on whether a pipeline should be laid from the Alberta oil sands to the Pacific in order to deliver oil to Asia, chiefly energy-hungry China. The stakes are particularly high for the village of Kitamaat and its neighbors, because the pipeline would terminate here and a port would be built to handle 220 tankers a year and 525,000 barrels of oil a day. But the planned Northern Gateway Pipeline...