A remarkable thing just happened in Canada’s oil patch. Tar sands producers have actually started to cut oil production in the face of growing pipeline constraints.
Someone should tell the Premier of Alberta, Rachel Notley, that when you are in a hole, you should stop digging.
“When even Enbridge is calling this a subsidy, you know Alberta’s XL bailout is another desperate attempt at a lifeline for a pipeline that will never be built. Keystone XL would be a disaster for the climate, and watching governments bend over backwards to be a part of that is heartbreaking in a year where you could barely catch your breath between climate disasters.”
The oil industry’s own data shows that the tar sands are on the edge of decline – but the key question is if they will take everyone else down with them.
“Keystone XL has been seen as inevitable before, but we persisted and won. This isn’t game over, it’s game on. Now we have a President who is deeply beholden to the oil industry and will do anything they ask, so this approval is no surprise.”
Climate on the Line: Why new tar sands pipelines are incompatible with the Paris goals January 2017 Oil Change International Download the report here. New analysis finds that Canada will be the world’s second highest contributor of new oil production globally over the next twenty years if action isn’t taken to halt new tar sands … Read More
Have you ever stopped to think about the moments that we were on the brink of something big? Something that we look back on and find it hard to imagine how it used to be? Cell phones are a good example, or smart phones – the iPhone has only been around since 2007. The internet … Read More
If you are paying attention to the tar sands pipeline conversations, you have no doubt heard industry proponents argue that Alberta needs another pipeline to get its oil to tidewater (i.e. the east or west coast of Canada in this case) in order to obtain the highest price possible for the product. But the fact … Read More
The idea that greater pipeline capacity and access to tidewater would maximize the value Alberta receives for its tar sands crude is a standard talking point for industry, politicians, and other commentators in the ongoing oil price-induced recession in Alberta.
For Immediate Release For further inquires please contact Stephen Kretzmann Steve@priceofoil.org, +1-202-497-1033 “Sun is Setting” on Tar Sands (Washington D.C.) The Alberta tar sands have become the posterchild of the high carbon future we cannot afford. Over recent years, unprecedented public concern has grown and now stands in the way of all major pipeline proposals … Read More