"Crude, Dirty and Dangerous ... the dangers of diluted bitumen oil" aka tar-sands oil

On July 23, 2016, we discontinued our forums. We ask our members to please join us in our new community site, The Hartmann Report. Please note that you will have to register a new account on The Hartmann Report.

1 post / 0 new

This Opinion piece from the New York Times by David Sassoon talks about how today's oil price structure has made this stuff that industry insiders consider to be "garbage" profitable, yet still dangerous to extract and handle. The stuff is so thick it has to be mixed with chemicals and processed to get it to flow. In that form, it is known as "dillbit" ...

In fact, dilbit is exempt from an excise tax that pays for oil spill cleanups, because the 1980 law that created the tax did not consider bitumen from the “tar sands” to be crude oil.

http://www.nytimes.com/2012/08/21/opinion/the-dangers-of-diluted-bitumen-oil.html?_r=1

miksilvr
Joined:
Jul. 7, 2011 12:13 pm

When American Presidents Protect Foreign Governments...

If a blockbuster new report from Newsweek is any indication - a Donald Trump presidency would be one giant conflict of interest.

The problems stem from Trump's massive business empire - the Trump Organization.

Powered by Pressflow, an open source content management system