Oil companies and fossil fuel investors seeking further developments in the Alberta tar sands have been dealt another setback with the publication of a report showing producers lost $17.1 billion USD between 2010-2013 due to successful public protest campaigns.
Fossil fuel companies lost $30.9 billion overall during the same period partly due to the changing North American oil market but largely because...
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Another Bait and Switch Scenario
This is ridiculous! More government rhetoric about relying on resources closer to home, and then stepping into the way to delay a good resource that would benefit all of North America. Keystone XL was to be a great equalizer in terms of foreign dependence, and it seems a small group of naysayers in regard to pipeline routes have the power to control an entire government structure, a president, and play with the livelihood of hundreds of millions of consumers. How sad the election is not this year.
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NOT a "small group of naysayers"
Dwannani's pained lament about those annoying 4 or 6 naysayers is not. Quite. Realistic.There are hundreds of thousands who think this is a bad idea (pump tar sands bitumen oil to the Gulf of Mexico for refining and EXPORT.)