These two stories are a prime example and result of enviro madness.
We have no choice, this pipeline must be built.
Just in case you forgot how much oil is sitting up here.
Showing posts with label oil sands. Show all posts
Showing posts with label oil sands. Show all posts
11/20/2009
11/01/2008
Where oil and water mix

Port Arthur Economic Development Corporation CEO Floyd Batiste doesn't see any problem with Alberta oil. In fact, he thinks it would mean more jobs and prosperity for his town.
PORT ARTHUR, Tex. "By the middle of the next decade, this weathered city in America's deep south abutting the Gulf of Mexico, will receive a flood of oil from Fort McMurray's oil sands plants. About one million barrels a day of Alberta oil will flow into the world's biggest refining market." Claudia Cattaneo, Financial Post
Click on the read more icon for the full Financial Post story.
read more | digg story
5/25/2008
The Alberta Disgrace
Alberta Venture
The World’s Greatest Savers
Vol. 12 Issue 5
Story by Wes Lafortune
"In little more than a decade, Norway has saved nearly $400 billion from its oil windfall, repudiating what some call the “oil curse.” What Alberta could learn from this frugal northern nation?"
Nice story from Alberta Venture magazine.
A little local politics here so you'll have to excuse me if your location does not lead you to care.
A couple of facts clearly point out the disgrace.
Norway started their Petroleum Fund in 1996 and its value has now reached 390 billion dollars.
Alberta started their Heritage Trust Fund in 1976 and its value is currently 16.6 billion dollars.
That is the disgrace.
The hope lies in Fort McMurray, Alberta. Canada's proven oil reserves are now ranked second in the world with the recent inclusion of the Alberta oil sands in the total.
We Albertans still have the opportunity in front of us to do the right thing.
The question is, do we have the fortitude, leadership, and the will to make it happen?
The World’s Greatest Savers
Vol. 12 Issue 5
Story by Wes Lafortune
"In little more than a decade, Norway has saved nearly $400 billion from its oil windfall, repudiating what some call the “oil curse.” What Alberta could learn from this frugal northern nation?"
Nice story from Alberta Venture magazine.
A little local politics here so you'll have to excuse me if your location does not lead you to care.
A couple of facts clearly point out the disgrace.
Norway started their Petroleum Fund in 1996 and its value has now reached 390 billion dollars.
Alberta started their Heritage Trust Fund in 1976 and its value is currently 16.6 billion dollars.
That is the disgrace.
The hope lies in Fort McMurray, Alberta. Canada's proven oil reserves are now ranked second in the world with the recent inclusion of the Alberta oil sands in the total.
We Albertans still have the opportunity in front of us to do the right thing.
The question is, do we have the fortitude, leadership, and the will to make it happen?
Labels:
alberta,
fort mcmurray,
heritage trust fund,
norway,
oil reserves,
oil sands,
petroleum fund
4/23/2008
The Oil Sands
Crude Oil Mining

Interesting how the media works, Suncor has been in production north of Fort McMurray, Alberta since 1967. One item on American television and suddenly everyone wants to know about the "oil sands".
The price of crude oil has a little to do with it I'm sure. :)
How the world's demand for oil, while at the same time demanding lower carbon emissions, is going to work out I don't know.
It seems to me if the world really wanted lower carbon emissions the demand for crude oil would be going down not up.
Does do as we say not as we do sound familiar?
The sub title language is also interesting.

Interesting how the media works, Suncor has been in production north of Fort McMurray, Alberta since 1967. One item on American television and suddenly everyone wants to know about the "oil sands".
The price of crude oil has a little to do with it I'm sure. :)
How the world's demand for oil, while at the same time demanding lower carbon emissions, is going to work out I don't know.
It seems to me if the world really wanted lower carbon emissions the demand for crude oil would be going down not up.
Does do as we say not as we do sound familiar?
The sub title language is also interesting.
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