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. Continue reading
Tag Archives: KXL
Do We Want To Buy Canadian Oil From The Chinese?
Posted in Development, Keystone XL, Oil and gas, Tar sands
Tagged deepwater drilling, gasoline prices, KXL, natural gas, offshore drilling, oilsands, shale oil
China’s Canadian Energy Play
Alberta’s oil sands will be developed, no matter what U.S. greens say. Continue reading
Posted in China, Development, Keystone XL, Tar sands
Tagged deepwater drilling, KXL, offshore drilling, oilsands, shale oil
Northern Gateway Pipeline at Risk as Enbridge Faces the Flack over Oil Spill
As the presidential campaign ramps up, Republican heir apparent Mitt Romney is being torn between advisors that want to make Obamacare the centrepiece of the campaign, and those that want to focus on the economy.
If the Romney campaign chooses to make the sluggish U.S. economic recovery one of its centrepieces, it is likely to use the thwarted Keystone XL pipeline. Continue reading
The oil industry’s self-inflicted wounds
A scathing ruling Tuesday by a U.S. regulator pummels Enbridge Inc.’s response to the massive spill of oil into Michigan’s Kalamazoo River in 2010, describing it as being so poor that, “you can’t help but think of the Keystone Kops.” Continue reading
Posted in Development, Keystone XL, Oil and gas, Tar sands
Keystone XL: Compromise route around Neb. Sand Hills still crosses sandy hills
Stepping carefully through a 12-foot-deep canyon gouged into the sandy soil of their family ranch by a long-gone storm, Kurt and Laura Meusch ask a Shakespearean question: What’s in a name? Continue reading
Campaign aims to counter oil sands criticism
Manufacturers, refiners, energy companies and pipeline operators that think the promise of Canadian crude is getting lost in the criticism of it have formed an initiative to promote the fossil fuel. Continue reading
Keystone oil pipeline finds champions in Montana Democrats eyeing local benefits
The fact that Senate Finance Committee Chairman Max Baucus (D-Mont.) has fought so hard for the Keystone XL pipeline underscores the changing politics of oil: A global commodity has become a local issue. Continue reading
Posted in Development, Keystone XL, Oil and gas, Tar sands
Keystone XL pipeline would add link in U.S.-Canada trade relations
If the U.S. government gives TransCanada the go ahead, the Keystone XL pipeline will give another boost to U.S.-Canada trade relations. Canada — not China — is the largest U.S. trading partner. And oil and gas accounted for more than a third of the $316.5 billion of U.S. imports from Canada in 2011. Continue reading
Oil-Drilling Trade-Offs: Keystone for Alaska
The Obama administration so far has stymied big oil’s efforts to move on the controversial Keystone XL pipeline, but the trade-off is a sure victory for Shell in the Alaskan Arctic. Continue reading
Posted in Development, Keystone XL, Oil and gas
Tagged alaska, arctic, KXL, offshore drilling
Keystone XL pipeline expansion driven by oil-rich tar sands in Alberta
The Canadian Association of Petroleum Producers estimates that production, now 1.7 million barrels a day, could nearly double by 2020, enough to supply nearly 20 percent of U.S. oil consumption. With that, the oil sands would be producing more than Venezuela, Nigeria, Iraq or Kuwait. Continue reading
Industry consultants in, spill consequences out for oil sands crude inquiry
Three industry-linked consultants — including the veteran pipeline operator BP PLC chose to monitor its compliance with last year’s multimillion-dollar Alaska leak settlement — are set to join the panel of 12 experts assembled for a high-stakes government inquiry into the safety of Canadian oil sands crude pipelines. Continue reading
Have Lawmakers Turned Their Backs on Keystone XL?
On breaking news that a congressional conference report for the transportation bill will not include a provision forcing the approval of the Keystone XL Pipeline, American Energy Alliance President Thomas Pyle issued the following statement: Continue reading
Posted in Development, Economics, Keystone XL, Oil and gas, Tar sands
Whatever Happened to the Keystone XL Pipeline?
Four and a half years of studies and five failed votes in the House later, exactly where are we with the Keystone XL pipeline? Stuck on the US-Canadian border where it is likely to remain until mid-2013 despite the headline-grabbing issuance of one of three permits to begin construction in Texas for the smaller and much less controversial portion of the pipeline. Continue reading
Keystone XL’s first permit approved
Two hurdles remain in $2.3-billion pipeline project Continue reading
Posted in Development, Keystone XL, Oil and gas, Tar sands
Alternative fuels won’t solve military energy problems — study
Alternative fuels are likely to remain more expensive than their petroleum counterparts and offer the military little advantage as it seeks to secure its access to energy supplies, according to government-sponsored studies released today. Continue reading
Posted in Biofuels, Development, Oil and gas
Tagged deepwater drilling, gasoline prices, KXL, natural gas, offshore drilling, oilsands, shale oil
NRDC Misleads on Keystone
A recent report by the National Resource Defense Council (NRDC) makes the case that Americans should reject the Keystone XL pipeline because its construction would raise gasoline prices in the U.S. Continue reading
Jen Alic: Energy Independence Equals Jobs across the Environmental Divide
With jobs set to be a key vote-winning point in US November presidential elections, the debate is being framed along the polarized lines of whether renewable energy or a revival of gas and oil production at home will create more jobs. The truth is that both are engines for economic growth and job creation and they are working in tandem to increase America’s energy independence. Continue reading
Posted in Clean energy, Coal, Fracking, Green jobs, Keystone XL, Oil and gas, Tar sands
Tagged energy infrastructure, KXL, natural gas, oilsands, shale oil
Canada Seeks Alternatives to Transport Oil Reserves
As the United States continues to play political Ping-Pong with the fate of the Keystone XL pipeline, Canadian officials and companies are desperately seeking alternatives to get the country’s nearly 200 billion barrels in oil reserves — almost equal to that of Saudi Arabia — to market from landlocked Alberta. Continue reading
S. Fred Singer: Romney’s Historic Opportunity: Low-Cost Energy Fuels Economic Recovery
Energy, the lifeblood of the economy, is the Achilles heel of President Barack Obama. Mitt Romney can win the November election if he concentrates his campaign on a sensible energy policy. Continue reading
Posted in Coal, Development, Fracking, Keystone XL, Oil and gas, Tar sands
Tagged deepwater drilling, gasoline prices, KXL, offshore drilling, oilsands, shale oil
Eye-roller: Why Tar Sands Oil Is More Polluting and Why It Matters
Adam Brandt, global expert on the carbon footprint of fuels, explains why oil sands’ 20% greater greenhouse gas emissions are significant. Continue reading
