• 4 days Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 5 hours Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 43 mins Something wicked this way comes
  • 6 hours A sneak peak into the US election
  • 2 hours America's Frontline Doctors - Safely Start Living Again!
  • 10 hours France Sees 10.6% EV Market Share In September — 4× Growth Year On Year
  • 24 hours covid. stop the carriers and thus stop the virus.
  • 1 day "COVID Kills Another Oil Rally" by Tom Kool 10/16/2020
  • 2 days Is the coal industry on the way out?
  • 2 days GPOR - Gulfport Oil - Why?
  • 11 hours California’s Electric Vehicle Dream Has A Major Problem: No
  • 12 hours Tesla Model 3 Is September's Top Selling Car of All Vehicles in Switzerland
  • 2 days Tucker Carlson responds to CDC after agency critiques commentary about mask-wearing
  • 19 hours Vote Biden for Higher Oil Prices
  • 20 hours Permian in for Prosperous and Bright Future
  • 1 day Ethanol present in gasoline
IMF Sees Oil Prices At $40-50 Next Year

IMF Sees Oil Prices At $40-50 Next Year

Oil prices are not expected…

Canadian Nobel Laureates to Oppose Alberta Oil-Sands Expansion

Eight Nobel Peace Prize winners, including South Africa’s Archbishop Desmond Tutu, have signed an open letter requesting that Canadian Prime Minister Stephen Harper intervene to block the development of Alberta's oil-sands reserves.

The communiqué follows last month’s letter by several Nobel Peace Prize laureates to United States President Barack Obama asking him to block the proposed Keystone XL pipeline, which would deliver Alberta's oil-sands output to U.S. refineries in the Gulf of Mexico. Opponents fear that the Keystone XL pipeline could put the U.S. Midwest’s vast Ogalla aquifer at risk in the event of a leak.

The open letter states, “Just as we called on President Obama to reject the pipeline, we are calling on you to use your power to halt the expansion of the tar sands – and ensure that Canada moves towards a clean energy future. It would be wrong for humanity to choose a path that drives hundreds of thousands of species to extinction. It would be wrong for a rich minority of the world's inhabitants to create a problem like climate change and then refuse to do its fair share to fix it. And it would be wrong for this generation to make this planet uninhabitable when we know that our children and grandchildren will be forced to deal with the consequences,” the Globe and Mail newspaper reported.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News