While many environmental advocates urge consumers to buy local, in this case, local isn't always better. While the Canadian tar sands are more notorious, developments here in the US are moving forward as local governments issue more permits to allow companies to start mining.
More than half of the U.S. tar sands resources in active play are in Utah. As DeSmog reported previously, the first US tar sands mine was approved in Utah back in October 2012, with plans to seek a few more permits and begin construction in 2013. After the Utah Water Quality Board approved the permit, the Utah Division of Oil, Gas and Mining also gave the operation the green light to move forward with production.
Since then, US Oil Sands Inc., the company developing the land for extraction, is marching forward. According to exploratory analysis, the 5,930 acres under lease contain approximately 184.3 million barrels of oil. That's not including over 26,000 acres that weren't evaluated in the report.
“Based on the [report] and the positive results provided by our exploratory drilling program, we are able to credibly showcase the potential our Utah properties hold for the company and demonstrate that we are one step closer to execution of the first phase of development of PR Spring,” announced CEO Cameron Todd in an earlier report, “…detailed pit planning is now underway in these locations.”
The company plans to be commercially operational by 2014.