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

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 11:13 am

Latest Headlines

One Iowa Caucus Delegate Comes Down To Coin Toss

The Iowa caucus convener flipped a coin. Bernie Sanders supporters called "heads" and it landed on tails.

Bernie Sanders leads Hillary Clinton by 31 points in N.H.: Poll

Sanders was at 61 percent support in the University of Massachusetts Lowell/7News poll, followed by Mrs. Clinton, at 30 percent

Martin O'Malley suspends presidential campaign after Iowa caucuses

The announcement came after O'Malley barely registered in Iowa against his better-known rivals Clinton and Sanders, failing to meet already low expectations

Comparing 2016 America to 1972 America Doesn't Work

Bernie Sanders' big win in New Hampshire has given his campaign a big boost, but even Bernie knows that there's still a long primary season ahead.

One of the biggest criticisms about Bernie Sanders, one that I hear frequently from pro-Clinton callers, is that Bernie Sanders could be the next George McGovern.

And it's a serious criticism that's being thrown at Bernie.

Powered by Drupal, an open source content management system