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Keyword: oilsands

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  • Plans for massive oil pipeline opposed by environmentalists

    08/18/2011 2:30:22 PM PDT · by NormsRevenge · 42 replies
    Mercury News ^ | 8/1/8/11 | Dana Hull
    A controversial proposal to build a massive underground pipeline to carry 700,000 barrels of crude oil per day from the oil sands of Alberta, Canada, to refineries in Texas has become the environmental issue of the summer, pitting developers and labor unions desperate for construction jobs against environmentalists and Native American tribes who fear the pipeline will spell environmental disaster. TransCanada Corp.'s proposed Keystone XL project would consist of more than 1,700 miles of 36-inch-diameter pipe, about 327 miles of which would be in Canada while the rest would snake southward through the central United States. Because the pipeline would...
  • Oil industry makes economic pitch for Keystone XL pipeline to Gulf

    08/18/2011 9:41:27 AM PDT · by thackney · 7 replies
    Fuel Fix ^ | August 18, 2011 | Jennifer Dlouhy
    The oil industry is hoping support from organized labor — and the promise of 20,000 construction jobs — will help convince the Obama administration to sign off on a pipeline that would transport crude oil harvested in Alberta, Canada to Gulf Coast refineries. Industry leaders teamed up with organized labor today to tout the projected economic benefits of the project, which is fiercely opposed by environmental advocates. “With the U.S. economy still struggling, nothing is more important than jobs, and construction of the pipeline would mean massive numbers of them,” said American Petroleum Institute Refining Issues Manager Cindy Schild in...
  • Conflict Oil or Canadian Oil? A second dispatch from Alberta's oil sands.

    08/17/2011 1:51:06 PM PDT · by neverdem · 4 replies
    Reason ^ | August 10, 2011 | Ronald Bailey
    Fort McMurray, Alberta—This is the second dispatch from my oil sands tour. The first dispatch yesterday focused on the oil sands mining. After our Suncor oil sands mine tour, our band of flacks and hacks were bussed back to our motel for cocktails and dinner with various Canadian oil sheiks, including Alberta’s Minister of Energy Ronald Liepert, TransCanada Pipeline vice president Robert Jones, and ConocoPhillips Canada senior vice president Nick Olds, among others. In the fashion of such tours, we sat around a conference table listening to the concerns of our hosts, which in this case, mostly involved activist opposition...
  • The Man-Made Miracle of Oil from Sand: A dispatch from Alberta's oil sands

    08/17/2011 1:13:32 PM PDT · by neverdem · 11 replies
    Reason ^ | August 9, 2011 | Ronald Bailey
    Fort McMurray, Alberta—Standing on the edge of the immense and spectacular pit of an oil sands mine for the first time last week, I was surprised by a sense of exhilaration. Later, seven stories up, equipped with earplugs, and clad in bright blue overalls, I marveled at the cascades of black bitumen froth bubbling over the sides of a separation cell like a giant witch’s cauldron. The scale of the enterprise and the sheer ingenuity involved in wresting value and sustenance from the hands of a stingy Mother Nature provoked in me a feeling close to glory. Yet as I...
  • Pipeline politics ( Canadian oilsands to the USA)

    08/15/2011 10:28:40 AM PDT · by Ernest_at_the_Beach · 21 replies
    Hot Air ^ | August 14, 2011 posted at 11:30 am | Jazz Shaw
    Having just finished a three part series on Canadian oil sands, I’ve been paying particular attention to how both the American media and our politicians approach the subject. Of course, I can usually rely on the steady, conservative outlets to give a fair hearing to the subject, such as this one. Wait a minute… this is from the editorial board of the Washington Post???? TO ANY ENVIRONMENTALLY conscious American, building the Keystone XL oil pipeline doesn’t sound like a great deal: a new pipeline that would transport dirty tar sands crude from Canada, over the Great Plains and to the...
  • Energy in America: Controversy Over Oil Sands Pipeline Project Approval

    08/13/2011 3:33:02 PM PDT · by NoLibZone · 11 replies
    foxnews ^ | 8-11-11 | By Dan Springer
    A 4-by-8-mile pit deep in the wilderness of northwest Canada is taking center stage in America’s energy debate. The Athabasca tar sands in Alberta Province is the largest mine in what is the second largest oil reserve in the world, behind only Saudi Arabia. The United States gets 20 percent of its imported oil from Canada, about half of it coming from the vast Athabasca tar sands. And now there are plans to more than double the oil sands production and pipe nearly all of the oil through a new pipeline that would take it to refineries in Texas. Recovering...
  • Canadian Oil Sands and America: Part 1

    08/10/2011 12:03:23 PM PDT · by Ernest_at_the_Beach · 12 replies
    Hot Air ^ | 1:25 pm on August 10, 2011 | Jazz Shaw
    Fans of the “all of the above” theory of American energy policy are well aware that we need to be exploring every possible avenue of resources to meet demand in the 21st century. When it comes to oil, most of us think of sweet crude, with gushers coming up out of the ground. Unfortunately, while we have some here in North America, a lot of it sits under countries which don’t exactly have America’s best interests at heart, and it’s not going to last forever. But there are vast deposits of other types in the world, including huge reserves of...
  • Canada Has Plenty of Oil, but Does the U.S. Want It?

    07/08/2011 7:18:28 PM PDT · by MinorityRepublican · 23 replies
    The Wall Street Journal ^ | Friday, July 08, 2011 | CHIP CUMMINS And EDWARD WELSCH
    <p>Workers at Syncrude Canada's oil sands North Mine in Fort McMurray, Alberta. Canada's oil sands contain the world's third-largest proven concentration of crude oil reserves.</p> <p>EDMONTON, Alberta—In a 21st-century oil boom, this sparsely populated Canadian province has become one of the world's newest petroleum powerhouses. Foreign investors are piling in, and Alberta plans to double production over the next decade.</p>
  • Saudis have West over a barrel [And they don’t want to hear about oilsands development]

    06/19/2011 7:22:36 PM PDT · by Clive · 17 replies
    An OPEC billionaire has publicly said what everyone long suspected, but just hadn’t heard out loud before: Saudi Arabia doesn’t want the world to develop unconventional sources of oil, like Canada’s oilsands. Saudi Prince Al-Waleed bin Talal, the world’s 26th richest man, worth more than $19 billion, told CNN he’s worried if oil prices stay around $100 a barrel, the West will look for other sources of oil and Saudi Arabia would lose its dominant position. “We don’t want the West to go and find alternatives,” he said, “because, clearly, the higher the price of oil goes, the more they...
  • Exclusive: Keystone XL pipeline would accelerate U.S. addiction to Canadian oil: report

    06/06/2011 5:43:43 AM PDT · by thackney · 26 replies
    Calagary Herald ^ | June 3, 2011 | Mike De Souza
    A controversial $13-billion pipeline project originating in Hardisty, Alta., will accelerate U.S. addiction to Canadian oil, says a newly-released report from Natural Resources Canada. "The Keystone XL project is seen as both furthering U.S. dependence on oil, and enabling more oilsands crude to enter the U.S. market," said the document, released through access to information legislation. The document, which assessed the ongoing debate about the project in the U.S., noted a growing opposition that was stalling the U.S. State Department from issuing the presidential permit required to authorize the project. "Although the Keystone XL pipeline was certificated in Canada in...
  • Drilling rights fetch record $842M for Alberta

    06/03/2011 5:47:03 AM PDT · by thackney
    Calgary Herald ^ | June 2, 2011 | Dina O'Meara and Rebecca Penty
    Alberta will rake in $842 million from its largest sale of oil and gas drilling rights on record — including a whopping $107 million for a 7,900-hectare licence northwest of Red Deer. Alberta Energy reported Wednesday afternoon it had sold leases or licences on 271,000 hectares at an average price of $3,100 per hectare. The sale almost doubles the provincial take — in nine sales through May, it had raised $902 million at just $694 per hectare — and puts it on track to beat the record of $2.39 billion set in 2010. Energy Minister Ronald Liepert said the injection...
  • Workers back on the job at Kearl, Wildfire still burning out of control near Imperial Oil site

    05/31/2011 1:34:30 PM PDT · by thackney · 1 replies
    Calgary Herald ^ | May 31, 2011 | Brent Wittmeier
    Work resumed at Imperial Oil’s oilsands site north of Fort McMurray on Tuesday as an enormous fire continued to burn out of control nearby. Alberta Sustainable Resource Development reported the fire was 284,000 hectares on Monday and was burning within a few kilometres of Imperial Oil’s Kearl site. Firefighters are using heavy equipment to construct a fire guard, while 438 workers are fighting the blaze. Imperial Oil halted work at the main Kearl site on Monday, the third time in just over a week it had taken the precautionary move. A company spokesman could not be reached on Tuesday, but...
  • Democrats probe Koch's interest in oil sands pipe

    05/20/2011 3:47:34 PM PDT · by Berlin_Freeper · 29 replies
    Reuters ^ | May 20 2011 | Reuters
    Democratic U.S. lawmakers have asked Congressional panels to look into whether Koch, an energy company led by brothers who are powerhouses in conservative politics, will benefit if the Obama administration approves a $7 billion pipeline to bring crude from Canada into the United States. U.S. Representatives Henry Waxman and Bobby Rush wrote a letter on Friday to Republicans chairing the House Committee on Energy and Commerce and one of its subcommittees, asking them to request documents from Koch Industries regarding the extent to which the company would benefit if the Keystone XL oil sands line would be built. Privately held...
  • Energy Independence? Oil Sands Key to Security & Jobs

    05/09/2011 11:38:36 AM PDT · by WOBBLY BOB · 15 replies
    Energy Citizens ^ | 5-7-11 | Energy Citizens
    Increasing U.S. energy independence is a top priority for America's Energy Citizens, and leveraging Canada's reserves - which are rivaled only by Saudi Arabia's - is crucial to achieving this goal. A pivotal part of our energy mix? Developing Canada's oil sands resources - which will help fuel our domestic energy needs, and stimulate new jobs, with particularly big gains in Indiana and the Midwest.
  • Oilpatch activity forecast to rise slightly {Canada, not enough workers}

    04/28/2011 6:20:52 AM PDT · by thackney · 7 replies
    Calgary Herals ^ | April 27, 2011 | Dina O'Meara
    The level of oil and gas activity in Western Canada is expected to increase slightly in 2011, held back from roaring ahead due to ongoing labour and rig shortages, according to an industry association; New wells drilled are expected to reach 12,950 this year, up about 200 from a January forecast, said the Petroleum Services Association of Canada Wednesday. Alberta, the centre of oil and gas drilling in Canada, will see the bulk of the increase on surging crude prices, The province’s gain will be offset by a 15 per cent drop in drilling activity in British Columbia, where poor...
  • $2.7-billion Cenovus expansion approved Oilsands project to phase in 120,000 bpd

    04/27/2011 5:32:28 AM PDT · by thackney · 2 replies · 1+ views
    Calgary Herald ^ | April 27, 2011 | Dan Healing
    Fast-growing oilsands company Cenovus Energy Inc. has won provincial approval for an estimated $2.7-billion expansion of its Christina Lake thermal operations. The company, split off from Encana Corp. two years ago, announced Tuesday it has an Energy Resources Conservation Board endorsement to move forward with three expansion phases of 40,000 bpd each to bring gross production capacity to 218,000 bpd. At an average capital intensity of about $22,500 per flowing barrel, the 120,000-bpd Christina Lake expansion would cost about $2.7 billion. The steam-assisted gravity drainage project is now producing about 18,000 bpd but had approvals to expand to 98,000 bpd....
  • Debate stirred over 1st major US tar sands mine

    04/10/2011 4:35:16 PM PDT · by Berlin_Freeper · 9 replies
    Associated Press ^ | April 10, 2011 | CHI-CHI ZHANG
    Beneath the lush, green hills of eastern Utah's Uinta Basin, where elk, bear and bison outnumber people, the soil is saturated with a sticky tar that may soon provide a new domestic source of petroleum for the United States. It would be a first-of-its kind project in the country that some fear could be a slippery slope toward widespread wilderness destruction. -While tar sands projects are relatively new in the U.S., Canada has been a major producer for years, and in doing so, has become the No. 1 foreign supplier of oil to America. Alberta's sprawling oil sands deposits are...
  • Canada needs to diversify oil markets: Enbridge

    04/05/2011 5:32:18 AM PDT · by thackney · 22 replies
    Calgary Herald ^ | April 4, 2011 | Shaun Polczer
    Amid growing calls in the United States to curb or even restrict imports of oilsands crude, a leading proponent of a new export pipeline to the West Coast said in Calgary Monday that Canada needs to reduce its reliance on a single customer or risk being held hostage to the whims of a single buyer. “There is a risk with having one customer,” John Carruthers, the president of Enbridge Northern Gateway, told a Canadian Energy Research Institute oil conference. “There’s strong value in having market diversification.” The proposed $5.5-billion Northern Gateway would open markets for Alberta’s growing oilsands production in...
  • Keystone XL pipeline proposal causes U.S. media clash

    04/04/2011 7:38:07 AM PDT · by thackney · 10 replies
    Calgary Herald ^ | April 4, 2011 | Sheldon Alberts
    When it comes to choosing sides in the debate over TransCanada’s proposed Keystone XL pipeline, the American media seems every bit as divided as U.S. members of Congress and the Obama administration. In its lead editorial on Sunday, the New York Times urged President Barack Obama to reject construction of the 3,200-kilometres pipeline from Alberta to Texas because the project is “not only environmentally risky, it is unnecessary.” The Times editorialists took a sharply different view of Calgary-based TransCanada’s Keystone XL project than one of its major news competitors — the Washington Post — did when it weighed in on...
  • Traditional oil markets saturated, forum told

    04/03/2011 2:23:58 PM PDT · by thackney · 30 replies
    Calgary Herald ^ | April 1, 2011 | Dave Cooper
    Alberta’s traditional oil markets in the northern and Midwest U.S. are saturated, and the glut is forcing a $10-per-barrel discount and costing producers about $9 billion a year, says a Total E&P Canada vice-president. “This is the new reality,” Gary Houston told the National Buyer/Seller Forum on Thursday. He said the situation is obvious, with record amounts of oil in storage in the U.S. “We know they are swimming in oil because the price delivered in Chicago is $10 a barrel lower than the equivalent barrel floating on the ocean. So at 2.5 million barrels a day we are talking...