Lorne Stockman | The Price of Oil

Posts by Lorne Stockman

BP refinery rollover shows tar sands refineries need to clean up
Lorne Stockman
May24
It’s taken four years and millions of dollars in lawyers for BP to finally agree to do what it should have done in the first place at its Whiting, Indiana refinery. The refinery has been constructing new equipment to enable it to switch to 100% tar sands heavy oil processing, a $3.6 billion investment. But…
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TransCanada clings to Keystone myths
Lorne Stockman
May23
Yesterday we co-published a report with NRDC and Forest Ethics that busted the myth that the Keystone XL pipeline would lower gasoline prices for U.S. and Canadian consumers. It is actually more likely to raise prices by diverting oil from refineries in the Midwest, which are focused on serving the domestic market, to refineries on…
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Keystone XL Gas Price Myth Busted
Lorne Stockman
May22
Download the report. NRDC, Oil Change International and ForestEthics Advocacy released a report today that blows apart the tar sands industry’s claims that building the Keystone XL pipeline would lower gasoline prices in America. The report lays out how Keystone XL would reduce gasoline supplies in America by diverting Canadian tar sands crude from the Midwest to the…
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Tar sands pipelines don’t just leak oil
Lorne Stockman
May15
Download our briefing on the tar sands exemption to the Oil Spill Liability Trust Fund here. When Enbridge’s Line 6B burst open near Marshall, Michigan in July 2010 spewing over a million gallons of tar sands sludge into the Kalamazoo river watershed, funds were quickly released from the Oil Spill Liability Trust Fund to mobilize…
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Keystone refineries on export overdrive
Lorne Stockman
Apr04
In September 2011, we first reported that the refineries that will receive crude from the proposed Keystone XL pipeline are increasingly focused on exports. We can now reveal that in the last quarter of 2011, 73% of gasoline produced in Port Arthur and Houston area refineries was exported as was 40% of diesel production….
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Gas Price Reality Check
Lorne Stockman
Mar21
Two items out today have reinforced what we have known all along about gas prices and domestic drilling. The first provides strong statistical evidence that there is no correlation between domestic drilling in the United States and gas prices. The second shows that gasoline prices in Canada, a net exporter of crude oil, follow the same volatile…
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North Dakota’s oil boom from space
Lorne Stockman
Mar09
It has been mentioned often that the mining of tar sands in Alberta, Canada can be seen from space. Recent composite images from the Air Force’s Meteorological Satellite, brought to our attention by the great work at Skytruth.org, show another new form of North American oil production and its extensive reach and impact. The red area in the image is…
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Keystone Stopped (again), but Not For Want of Trying
Lorne Stockman
Mar08
The U.S. Senate has rejected the most recent attempt to go forward with the Keystone XL pipeline. Amendment #1537, proposed by Senator Hoeven (R-ND), would have required approval of the controversial project without necessary environmental and other reviews. The amendment was was supported 56-42 but failed as 60 votes were needed in order to pass….
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Rising gas prices, Keystone XL and the real solutions
Lorne Stockman
Feb24
with Steve Kretzmann Much is being written and said about rising gas prices, Obama’s energy policies in general and the Keystone XL pipeline in particular. While the President’s opponents repeat ad infinitum the “Drill Baby Drill” mantra, it has been interesting to note that much of the mainstream press has been skeptical. And so they…
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East Coast refinery shut downs are a symptom of the tar sands oil rush
Lorne Stockman
Feb16
…in the long term, what the industry has affected is not increased security via Canadian oil to the gulf coast, but a concentration of the nation’s refining capacity in the heart of the nation’s hurricane corridor. The lessons of 2005 have clearly not been heeded. Pennsylvania labor activists marched on Capitol Hill yesterday in protest…
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