Tar Sands

Peak oil – Sept 11

by

Hurricane Ike -‘Within the current NHC storm path lies about 5 million bpd of US petroleum refining capacity’
An urban legend to comfort America: oil is oil, even if it is not oil
Energy vision 2050
Zac Goldsmith on PO
Hamish McRae: Cheap oil is not in our interest
NASA study shows how PO could impact climate
‘Smart water’ may boost oil production

United States & Canada – July 9

by

Texas oilman T. Boone Pickens wants to supplant oil with wind
Is it safe now to admit Jimmy Carter was right?
Oilsands image fight targets U.S. politicians
Labour’s plan for dealing with high energy prices
Ex-EPA aide tells of White House censorship
In energy, there are no easy answers

Q&A with Marcel Coutu of Syncrude

by

All OPEC can now do is raise prices by cutting production. They cannot lower prices by increasing production because they don’t have the capacity. We are in a very pure free market situation, with prices being set by supply and demand. When I look at that dynamic, I have stopped worrying about the demand side. No matter how much the US goes into recession, for any period that is important to any of us, any decline in consumption there will be offset by increased demand elsewhere – in China and India, but also in developing countries that produce their own crude oil.