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Bitmen69
Coal
Joined: Oct 29, 2005
Posts: 2
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 Posted: Sat Oct 29, 2005 8:19 am Post subject: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Produc |
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| Quote: | Oil sands could unseat Saudi Arabia
Senator Orin Hatch, DOE’s David Conover tell D.C. forum that oil sands could make Canada world’s oil giant, needed in U.S.
Gary Park
Petroleum News Canadian Contributing Writer
Two authoritative U.S. voices agree that the Alberta oil sands are a key ingredient of North American energy security, which could see Canada become the world’s oil powerhouse.
Republican Senator Orrin Hatch of Utah said that as global energy demand rises, the U.S. will need access to oil sands supply.
“Anyone watching what is happening up north will recognize that, before long, Canada will inevitably overtake Saudi Arabia as the world’s oil giant,” he told reporters after speaking at the Canadian embassy in Washington.
“It means that the United States can enjoy a new gigantic source of oil from a friendly neighbor.”
To that end, he cautioned the Canadian government not to engage in “irresponsible” threats of diverting oil production from the United States to China.
“Neither of us can afford to kick the other one in the teeth,” he said, referring to the annual two-way trade of C$500 billion a year.
“Canada doesn’t want to lose that,” Hatch said. “We certainly don’t want to lose that.”
A strong advocate of closer energy ties, he appealed for cooler heads to prevail in the acrimonious softwood lumber dispute.
Canada’s ambassador to the U.S., Frank McKenna said the prospect of exporting oil sands production to China has surfaced because the U.S. has challenged the constitutionality of (the North American Free Trade Agreement).
“As a matter of prudence we are simply saying that we should be … diversifying our markets as much as we can.”
Alberta Energy Minister Greg Melchin told the same forum that developing new markets for oil was a natural course to pursue after his province’s beef industry was hit hard by a U.S. ban on imports.
But he agreed with Hatch that there was no point in threatening trade retaliation in one sector because of anger over Canada’s treatment in another.
“I don’t think you succeed … By destroying those things that work,” Melchin said.
DOE: U.S. needs oil sands
David Conover, the U.S. Department of Energy’s assistant secretary for international affairs, told a live and Web cast audience from the forum that the United States can’t meet its future energy needs without the oil sands.
However, before the United States can reduce its reliance on OPEC supplies, there must be answers to high labor and production costs in the oil sands and the shortage of pipeline and processing capacity must be addressed, he said.
BP Vice President Aidan Mills said the worldwide decline of benchmark light sweet crude is good news for the oil sands.
“But the key challenge is market access, especially to areas where it can be most competitive,” he said.
“Further development of pipeline capacity to the U.S. Midwest is critical. The oil sands will be at risk if it is not built.”
On the trade front, Canada’s Trade Minister Jim Peterson categorically ruled out using oil and gas exports as a weapon to settle the softwood feud.
Although the United States is threatening to undermine the 11-year-old NAFTA pact by not honoring the decisions of dispute panels, there should be no attempt to link oil and gas with softwood.
Canada moving ahead on Asian trade
Even so, the Canadian government is pressing ahead with plans to open a wide trade sphere with Asia.
Transport Minister Jean Lapierre announced Oct. 21 that a C$590 million federal “down payment” is being made to establish a Pacific Gateway in British Columbia to ease roads, rail and border bottlenecks to Asia-Pacific trade. An initial C$190 million will be matched by the provincial government.
The plans include a new C$170 million container terminal at Prince Rupert in northern British Columbia.
Selling the province as a hub for trans-Pacific trade is getting a further boost this month when a trade delegation of about 400 people from China’s Guangdong province arrives in Vancouver to explore new investment and trade possibilities. |
http://www.backissuesofnewsalerts.us/CWPC1017.html |
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Tanada
Expert
Joined: Apr 28, 2005
Posts: 3628
Location: West shore Lake Eire, MI, USA
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| Posted: Sat Oct 29, 2005 9:31 am Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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Considering these people have insider access to real data I have to ask, what the heck is wrong with the air in Washington D.C.?
Tar Sands are wonderful blah blah blah.....but they are never going to come close to replaceing SA on the world market! When SA hits depletion, or admits hitting depletion, the best the Tar Sands can hope for is to lessen the impact.
_________________
Oxygen: - An intensely habit-forming accumulative toxic substance. As little
as one breath is known to produce a life-long addiction to the gas, which addiction invariably ends in death.--Isaac Asimov |
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TT
Heavy Crude
Joined: Sep 12, 2005
Posts: 276
Location: Victoria, Australia
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| Posted: Sat Oct 29, 2005 9:32 am Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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| Quote: | | It means that the United States can enjoy a new gigantic source of oil from a friendly neighbor |
There you go. Everything's all better now. All future problems solved. Doesn't everyone feel better now? |
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Typhoon
Heavy Crude
Joined: Sep 27, 2005
Posts: 179
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| Posted: Sat Oct 29, 2005 9:32 am Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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 How many times do we have to hear about the "promise" of the tar sands?
The tar sands use too much natural gas to be able to increase production much more. They could use another source of heat, but it was cheap natural gas that made the tar sands worthwhile in the first place. Maybe the tar sands are slightly energy positive right now, but they will never be a replacement for conventional oil. |
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NeoPeasant
Light Sweet Crude
Joined: Oct 12, 2004
Posts: 1008
Location: In the suburban sea of strangers
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| Posted: Sat Oct 29, 2005 10:29 am Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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“It means that the United States can enjoy a new gigantic source of oil from a friendly neighbor.”
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That's from my very own Utah Senator Orrin Hatch. I'm so proud.
Here's another good one:
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"Those who doubt that unconventional fuels are economically viable probably are suffering from a neck ailment that keeps them from looking north."
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To his credit, He is a US Senator who has actually said the words:
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"We should take note that our major oil companies, including Chevron and ExxonMobil, are beginning to state publicly that we may be reaching peak oil." |
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killJOY
Fission
Joined: Feb 21, 2005
Posts: 2471
Location: ^NNE^
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| Posted: Sat Oct 29, 2005 10:42 am Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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| Quote: | | How many times do we have to hear about the "promise" of the tar sands? |
Get ready for whole tsunamis of bullshit.
_________________
"By the time individuals discover that remaining resources will not be adequate for the next generation, the next generation has already been born. " David Price |
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Hegel
Heavy Crude
Joined: Jul 18, 2004
Posts: 139
Location: Germany
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| Posted: Sat Oct 29, 2005 11:44 am Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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Ignorance is bliss!
_________________
Never underestimate the power of stupid people in large groups.
Current Doomerosity Level (Jaymax Scale): 5 |
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dukey
Fission
Joined: Feb 20, 2005
Posts: 2023
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| Posted: Sat Oct 29, 2005 12:38 pm Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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| Quote: | | Ignorance is bliss! |
heh
say that again 
the times online article basically said about tar sands, and also methane hydrates, they are also going to save us 
maybe if we are lucky cold fusion will to |
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NEOPO
permanently banned
Joined: May 15, 2005
Posts: 4142
Location: THE MATRIX
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| Posted: Sat Oct 29, 2005 3:46 pm Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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"lottery tickets for sale"
"Get your lottery tickets here" |
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some_guy282
Intermediate Crude
Joined: Jul 18, 2004
Posts: 691
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| Posted: Sat Oct 29, 2005 5:40 pm Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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| TT wrote: | | Quote: | | It means that the United States can enjoy a new gigantic source of oil from a friendly neighbor |
There you go. Everything's all better now. All future problems solved. Doesn't everyone feel better now? |
Erm...no.... 
_________________
In individuals, insanity is rare; but in groups, parties, nations, and epochs it is the rule. – Nietzsche
Time makes more converts than reason. – Thomas Paine
History is a set of lies agreed upon. – Napoleon Bonaparte |
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ravensburg
Tar Sands
Joined: Jul 06, 2005
Posts: 47
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| Posted: Sat Oct 29, 2005 8:23 pm Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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| Wahoo 100 more years of pollution and exponential growth. This is not the answer, when will the truth become apparent, when the last tree has been cut down? No, more oil is not the final solution all it does is compound the problem. |
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joewp
Light Sweet Crude
Joined: Apr 05, 2005
Posts: 1627
Location: Springsteen Country (NJ)
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| Posted: Sat Oct 29, 2005 11:39 pm Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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| ravensburg wrote: | | Wahoo 100 more years of pollution and exponential growth. This is not the answer, when will the truth become apparent, when the last tree has been cut down?<snip> |
If you know the story of Easter Island, you know the answer to your question, I'm afraid. 
_________________
Joe P. United Political Debate
"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb |
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0mar
Light Sweet Crude
Joined: Oct 12, 2004
Posts: 1647
Location: Davis, California
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| Posted: Sun Oct 30, 2005 3:21 am Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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sure after they do that miracle maybe I'll go punch out God.
_________________
Joseph Stalin
"It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything. " |
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shortonoil
Fission
Joined: Dec 02, 2004
Posts: 2684
Location: VA USA
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| Posted: Sun Oct 30, 2005 4:47 pm Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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It takes 600 million cubic feet or NG to produce 1 million barrels of usable crude from the tar sands. The US uses 20 mb of crude a day and there is 30 days in most months. Also, the US produced approx. 19,500 million cubic ft of NG in June 2005. Send this to you Congressmen with a $3 TI calculator and state, “please check my math”.
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Typhoon
Heavy Crude
Joined: Sep 27, 2005
Posts: 179
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| Posted: Sun Oct 30, 2005 5:07 pm Post subject: Re: Oil Sands Could unseat Saudi Arabia at Worlds # 1 Oil Pr |
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| shortonoil wrote: |
It takes 600 million cubic feet or NG to produce 1 million barrels of usable crude from the tar sands. The US uses 20 mb of crude a day and there is 30 days in most months. Also, the US produced approx. 19,500 million cubic ft of NG in June 2005. Send this to you Congressmen with a $3 TI calculator and state, “please check my math”.
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Your figure for U.S. natural gas production isn't correct. The U.S. produces over 50 bcf (50,000 mcf) daily. Therefore, U.S. production exceeds 1.5 trillion cubic feet per month. |
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