Posts by Lorne Stockman
- The International Energy Agency’s flagship annual report, the World Energy Outlook, is out today and it confirms what Keystone XL opponents have been saying all along. Building pipelines will increase tar sands production.
- Today Bloomberg News revealed that the American Petroleum Institute (API) has developed a strategy to challenge America’s crude export regulations using international trade law. Deregulating U.S. crude oil exports would make fracking and the tar sands even more profitable than it already is and enable the industry to go into ever more marginal and extreme reserves to produce more of these extreme oils.
- Our latest report released today exposes U.S. oil producers that want to export crude oil despite the fact that they still only produce barely more than 50% of U.S. oil demand. 40 years on from the Arab oil embargo and America’s oil producers have only one thing on their minds; profits. Lifting crude export restrictions...
Continue reading 'Ship, Baby, Ship! The push for U.S. crude oil exports has started. Here’s why it’s a terrible idea'.
- A new report released today by Earthworks Action provides an important window into a disturbing national pattern regarding the oversight of fracking. Regulators, charged with protecting the public, are actively avoiding evidence that fracking is harming the public.
- Mika Minio-Paluello, Anna Galkina and James Marriott are travelling in North America as part of a tour over September and October to promote The Oil Road – Journeys from the Caspian to the City of London. This is the second of a series of blogs on the journey.
- Proponents of the Keystone XL pipeline regularly claim that the pipeline will replace heavy oil from Venezuela and elsewhere if it is built. In fact just this week, Rep. Lee Terry (R-NE) claimed that Venezuela’s recent offer of asylum for whistleblower Edward Snowden is somehow a reason to approve the pipeline. The reality is that crude delivered...
Continue reading 'Keystone XL: The Key to Crude Exports – New Report'.
- The U.S. oil boom is a clear threat to the tar sands market in the Gulf Coast. The State Department failed to acknowledge this in the SEIS.
- The Keystone XL Pipeline's social cost of carbon could be as much as $100 billion per year. Until government agencies properly account for the cost of climate change caused by major fossil fuel infrastructure, projects like Keystone XL will continue to impose disproportionate costs on society.
- New data reveals that a full 60 percent of gasoline produced at Keystone XL refineries was exported.
- Talk of US crude exports apparently reached new heights this week at the Platts North American Crude Oil Marketing Conference, which ends today in Houston. It has been a familiar cry at such shindigs for the past year or so, with the industry increasingly confident to come out in public with the controversial message that...
Continue reading 'Industry experts expect Keystone XL crude to be directly exported'.