Read the latest insights and analysis from the experts at Oil Change International.
The oil industry is in surprisingly bullish mood. As America prepares to go to the polls today in the crucial mid-term elections, Republicans have signalled that, if victorious, they will immediately push to free up exports of gas and oil and pass legislation forcing him to approve the controversial Keystone XL pipeline.
Southern Pacific Resources was the first tar sands producer to commit all of its production to crude-by-rail. Today, the company is on the brink of disaster.
Tar sands-by-rail is a major issue in the debate on Keystone XL. In this first of a series of blogs on the issue, we look at the ongoing failures of the first tar sands unit train terminal.
Our latest report presents new analysis that confirms that shipping tar sands bitumen by rail cannot possibly meet the tar sands industry’s reckless production growth plans. The report’s conclusions demonstrate that the U.S. Department of State’s analysis of rail’s ability to replace the Keystone XL pipeline failed to consider key data and evidence and drew conclusions that are both misleading and dangerous for the American public.
A new scientific study argues that the State Department has seriously underestimated the climate emissions from Keystone XL. The study concludes that the pipeline could produce four times more greenhouse gases than the State Department calculated.
In contrast to claims made by Keystone XL proponents, tar sands crude is trickling into the Gulf Coast by rail.
Over the last couple of years the Canadians have become accustomed to growing international criticism of their reckless and belligerent exploitation of the tar sands. They have aggressively just carried on drilling, nonetheless.
Today could be the day when the fate of the Keystone XL pipeline could take a decisive turn. Later today the Senate is expected to debate what on the surface is a bipartisan energy efficiency bill, but pro-KXL Senators could try and push through a vote on the controversial pipeline as an amendment to the bill.
Senators cosponsoring the pro-Keystone XL bill introduced today have received roughly 5 times more in oil industry cash than those who remained off the bill.
