A new report released by the London-based Carbon Tracker...
The first tar sands strip mining project in the U.S. is gearing up to start operation in Utah, but not without resistance from a group that announced on May 29 that it is setting up a permanent protest vigil at the site.
The Canadian company US Oil Sands Inc. (USOS) leased over 32,000 acres in the Bookcliffs range in eastern Utah near the PR Spring campground for what it calls the first bitumen mining operation in the U.S. Bitumen is the sticky black substance also known as asphalt, with a viscosity similar to cold molasses.
US Oil Sands plans to dig up huge amounts of sand containing the bitumen and then heat the sand to release the bitumen, separate out the sand, and then use solvents to thin the gooey substance enough so it will flow through pipes and into trucks. USOS got the green light to go ahead with the pilot project from the Utah Water Quality Board in 2012, and then solicited investors to fund the project.
In mid-May, USOS announced (pdf) that its tar sands pilot project was fully funded, and they are purchasing equipment and moving into the operational phase.
While many countries, including France, Germany and South Africa, have banned or delayed their embrace of fracking, one country is taking a full-steam-ahead approach to the unconventional drilling technology: Argentina.
The country is welcoming foreign shale companies with open arms in the hope that oil and gas drilling will help combat one of the world’s highest currency inflation rates. But the government there is also facing violent clashes over fracking in arid regions of the Andes mountains and allegations from locals of water contamination and health problems.
Argentina’s Vaca Muerta shale formation — estimated to hold an amount of oil and gas nearly equal to the reserves of the world’s largest oil company, Exxon Mobil — has already attracted billions in investment from the major oil and gas company Chevron.
In April, the government drew global attention when it announced plans to auction off more acreage. “Chevron, Exxon, Shell have shown interest in Vaca Muerta. They will compete for sure,” Neuquen province Energy Minister Guillermo Coco told potential investors on a road show in Houston on April 30th.
Argentina, which the EIA estimates could hold even more shale gas than the U.S., already has over 150 shale wells in production, more than any country in the world aside from the U.S. and China. California-based Chevron, in partnership with Argentina’s state-owned oil company YPF, invested $1.24 billion in a pilot program last year. Last month, Chevron announced an additional $1.6 billion effort for 2014, part of Chevron's overall investment plan that could top $15 billion. The company is hoping that this plan will allow it to extract 50,000 barrels a day of shale oil plus 100 million cubic feet of shale gas per day from the country’s Andes mountain region.
American drillers have talked up Argentine shale as the next big thing. “Vaca Muerta is going to be an elephant compared to Eagle Ford,” Mark Papa, CEO of EOG Resources told the Argentine press in 2012, referring to a major oil-producing shale formation in Texas.
When the shale gas industry met last week in Pittsburgh, none other than Karl Rove gave the keynote speech, regaling the audience with a lengthy patriotic anecdote comparing the fossil fuel dillers to the US Navy Seals who killed Osama Bin Laden.
Having recently attended a quail hunt fundraiser with some of those Navy Seals, Rove described the tenacity of one Seal who had been wounded sixteen times on a mission in Iraq but courageously improvised his own medical evacuation despite his severe injuries. Rove then told the assembled drillers that their industry was serving the nation and overcoming adversity in much the same way as that soldier.
“You overcome the physical difficulties of drilling thousands of feet under the surface for hydrocarbons,” he told over a thousand oil and gas executives as they dined on artichoke-crusted chicken. Invoking the wounded American soldier, Rove added: “He’s overcoming it by finding a way, after serving in this ghastly way like that, to serve something bigger than himself.”
It was quintessential Karl Rove. It was also the crowning moment of a rousing speech from a man who, over the past month has been pilloried for being so wrong, so often.
This is a guest post by Janet MacGillivray, Legal Coordinator and Campaign Strategic Advisor with Tar Sands Blockade.
Today, former TransCanada engineer Evan Vokes blew the whistle on his company's incompetent pipeline inspectors and non-compliance with Canada's welding regulations. In an exclusive television interview with CBC News, Vokes detailed his extensive efforts to warn his employer that it was acting irresponsibly and that a pipeline disaster could result.
As someone who just recently signed up to take action against TransCanada's irresponsible Keystone XL tar sands pipeline, this revelation confirms that all those concerned with this dangerous TransCanada project are right to fight it. Vokes' brave step forward to reveal the company's negligence will provide even more inspiration to those working to ensure that TransCanada's Keystone XL dreams remain a fantasy.
No kinky stuff, Bulgaria declared as it limited Chevron in using only conventional drilling techniques and not hydraulic fracturing. The Bulgarian government voted to prohibit Chevron from using fracking to search for natural gas in the northeast section of the country. The main driver for the decision was public concern about contaminating the drinking water supply and land with unknown chemicals and leaking gas (sound familiar?).
The country asked Chevron in June to conduct an exploratory test within its borders for its potential for gas extraction. Since then, citizens have voiced their concern over allowing fracking because of the dangers of earthquakes and public health risks such as cancer and other ailments experienced by other communities impacted by fracking. This past Saturday (January 14th), people gathered to protest the extreme extraction method and convinced the government to conduct an Environmental Impact Study prior to implementing the techniques.
Tomorrow, the government will take the issue one step further and vote on whether to permanently prohibit fracking both in the country and its designated territorial waters in the Black Sea.