By some estimates, “the price of oil could permanently plummet to $25 a barrel by the mid-2020s. Only the cheapest oil in places like Saudi Arabia could be economically produced. Canada's oil sands, where most projects need an oil price of $60 to $80 a barrel just to break even, would cease to make financial sense.”
WASHINGTON - Yesterday, the Keystone pipeline leaked an estimated 383,000 gallons (9,120 barrels) of oil into wetlands in North Dakota. The leak is already the eighth-largest pipeline oil spill of the last decade. The tar sands oil transported through the Keystone pipeline is particularly hard to clean up because, unlike crude oil, it sinks in water.
"Let this be a lesson to other states: If you criminalize protest, we will sue."
October 24, 2019
The ACLU and environmental activists celebrated Thursday after reaching a settlement agreement with South Dakota's Republican Gov. Kristi Noem and state Attorney General Jason Ravnesborg to end what critics called "their unconstitutional attempts to silence pipeline protestors."
The chief of a northern Alberta First Nation says he gave climate activist Greta Thunberg a message during a quietly arranged meeting in Fort McMurray on Friday night.
Athabasca Chipewyan First Nation Chief Allan Adam says he told the 16-year-old Swede that Europeans are major investors in the area's oilsands, and she needs to get people to lobby those investors for greener technology to extract Alberta energy.
ABC7 News reporters Amy Hollyfield, Amanda Del Castillo, Lisa Amin Gulezian, Lauara Anthony, Luz Pena, Melanie Woodrow, and Lelsie Brinkley contributed to this report.
Dan Edwards watched Fort McMurray, Alberta, turn into the insolvency capital of Canada from a brown brick warehouse on King Street, home to the Wood Buffalo Food Bank.
VANCOUVER – The Federal Court of Appeal has granted a temporary injunction to Alberta’s so-called turn-off-the-taps-legislation.
The Government of British Columbia won a temporary injunction in the fight against the bill. B.C.’s Attorney General David Eby addressed the decision shortly after it was made.
