Oil Change International- May 2015 Download Briefing The Canadian tar sands is among the most carbon-intensive, highest-cost sources of oil in the world. Even prior to the precipitous drop in global oil prices late last year, three major projects were cancelled in the sector with companies unable to chart a profitable path forward. Since the … Read More
Day: May 29, 2015
New analysis finds 1.6 million bpd of planned tar sands expansion on life support
New analysis from Oil Change International has found that over 1.6 million barrels per day of planned expansion in tar sands production is currently delayed or on hold as industry struggles to identify a profitable path forward for 39 projects.
Not So Fast: new analysis finds 1.6 million bpd of tar sands expansion on life support
Our latest briefing shows just how bad things are looking for tar sands expansion.