It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Creating energy from oil sands requires so much energy that the oil companies wind up spiking greenhouse gas emissions.
"And they do it in volumes that exceed any other production of oil crude anywhere on the planet," says Elizabeth May, the director of the Sierra Club of Canada.
She takes issue not only with what the oil sands are doing to the atmosphere, but to the land. The oil companies, environmentalists say, are digging up an entire province. Take a helicopter ride over the mines and you’ll think you’re flying over the moon after a moonquake.
Does Pickens think the days of cheap oil are gone?
"They’re gone," he says. "From what we knew as cheap oil, when I pumped gasoline in Ray Smith’s Sinclair station on Hinkley Street in Holdenvale, Oklahoma, 11 cents a gallon, that’s gone."
Will we ever again see $1.50 a gallon? "We won’t ever see $1.50 a gallon. No, that’s gone," says Pickens.
he bonus for Canadians, aside from the treasure, is the notion that Americans might have to start treating them with a little less condescension.
There is enough oil in the sands to last approximately a century (Not sure if that estimate takes into account an increasingly oil-driven China/India).
Originally posted by jinsanity
1/3rd of all the oil in the ground in Alberta belongs to China.
Thankfully for Canada, America's option of military takeover of Canadian oil supplies is now effecitively out of the question.
Thankfully for the worlds sake China owns lots of oil in Venezuala and Iran aswell. America has been outsmarted and the third world war hasn't even begun yet.