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Tar Sands/Oil Sands

Tar Sands/Oil SandsThe oil industry is hoping to shift the geopolitical center of global oil production to Canada’s boreal forests, home of vast deposits of oil sands, also called tar sands. Environmentalists and First Nations contend it’s a dirty, carbon- and water-intensive business, while proponents of development tout energy security benefits. We’re covering the battle here.
Research group says 90 percent of Canadian tar sands investments need oil prices above $95 a barrel to make economic sense.
As oil prices sagged again on Monday to a four-year low, the Carbon Tracker Initiative said the...
Nov 5, 2014 | Read More
Unprecedented secrecy in a class action suit that is seeking to determine if oil giant was negligent in upkeep of burst pipeline.
Oil giant ExxonMobil is seeking "unprecedented secrecy" by labeling nearly 900,000 pages of...
Oct 31, 2014 | Read More
'There's definitely going to be less money flowing into [oil stocks] than we've seen in the last couple years,' says Phil Flynn, senior oil analyst.
The recent dive in oil prices is undermining oil company earnings, projects and stock prices—at...
Oct 28, 2014 | Read More
Looked at from the vantage point of the climate crisis, GAO report discussing several benefits of lifting the oil export ban is more disturbing.
Allowing United States oil producers to export crude would not only sway markets at home and abroad...
Oct 20, 2014 | Read More
What we do with the world's 14 biggest reserves of carbon will help determine the pace and depth of climate change and the fate of future generations.
It took hundreds of millions of years for Earth's fossil fuel deposits to form, but mankind has...
Sep 25, 2014 | Read More
Jane Kleeb at the People's Climate March on Sept 21, 2014.
OP-ED: 'TransCanada likes to pretend that this pipeline is carrying rainbows with pots of gold.'
Jane Kleeb is the founder of Bold Nebraska, a grassroots group that opposes the Keystone XL...
Sep 25, 2014 | Read More
If any other federal agency did this, "there would be no question it would be illegal," one expert said.
A Canadian pipeline company's plan to bring more tar sands oil into the United States without...
Sep 17, 2014 | Read More
The company told regulators in a filing it expects to pay at least $22 million. The EPA, which will assess the fine, is mum.
12:30 PM ET on 8/28/204: This story has been updated with information from the EPA. Pipeline giant...
Aug 28, 2014 | Read More
Tar sands, deepsea drilling and other projects would lose money if lower demand, CO2 restrictions or other factors forced crude prices below $95.
Critics of environmentally risky oil projects proposed for deep undersea and Canada's tar sands got...
Aug 18, 2014 | Read More
'Our simple model shows that...the pipeline's effect on oil prices could substantially increase its total GHG impact,' finds a peer-reviewed study.
Building the Keystone XL pipeline to bring Canadian tar sands oil to refineries in the United...
Aug 11, 2014 | Read More