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Tar Sands/Oil Sands

The oil industry is hoping to shift the geopolitical center of global oil production to Canada’s boreal forests, home of vast deposits of oil sands, also called tar sands. Environmentalists and First Nations contend it’s a dirty, carbon- and water-intensive business, while proponents of development tout energy security benefits. We’re covering the battle here.

'There's definitely going to be less money flowing into [oil stocks] than we've seen in the last couple years,' says Phil Flynn, senior oil analyst.
The recent dive in oil prices is undermining oil company earnings, projects and stock prices—at...
10/28/2014 | Read More
Looked at from the vantage point of the climate crisis, GAO report discussing several benefits of lifting the oil export ban is more disturbing.
Allowing United States oil producers to export crude would not only sway markets at home and abroad...
10/20/2014 | Read More
What we do with the world's 14 biggest reserves of carbon will help determine the pace and depth of climate change and the fate of future generations.
It took hundreds of millions of years for Earth's fossil fuel deposits to form, but mankind has...
09/25/2014 | Read More
OP-ED: 'TransCanada likes to pretend that this pipeline is carrying rainbows with pots of gold.'
Jane Kleeb is the founder of Bold Nebraska, a grassroots group that opposes the Keystone XL...
09/25/2014 | Read More
If any other federal agency did this, "there would be no question it would be illegal," one expert said.
A Canadian pipeline company's plan to bring more tar sands oil into the United States without...
09/17/2014 | Read More
The company told regulators in a filing it expects to pay at least $22 million. The EPA, which will assess the fine, is mum.
12:30 PM ET on 8/28/204: This story has been updated with information from the EPA. Pipeline giant...
08/28/2014 | Read More
Tar sands, deepsea drilling and other projects would lose money if lower demand, CO2 restrictions or other factors forced crude prices below $95.
Critics of environmentally risky oil projects proposed for deep undersea and Canada's tar sands got...
08/18/2014 | Read More
'Our simple model shows that...the pipeline's effect on oil prices could substantially increase its total GHG impact,' finds a peer-reviewed study.
Building the Keystone XL pipeline to bring Canadian tar sands oil to refineries in the United...
08/11/2014 | Read More
'We're serious about our economy. We want to make sure that it's self-sufficient and doesn't harm the environment—so it lasts forever.'
British Columbia's First Nations have fought the proposed Northern Gateway oil sands pipeline that...
07/31/2014 | Read More
South Portland’s Clear Skies Ordinance may block pipeline plan, but industry vows political and legal fight and may have other options.
Environmentalists claimed victory last week when a small coastal town in Maine voted to block heavy...
07/28/2014 | Read More

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