Industrialized Cyclist Notepad


Frozen Rats That Have Thawed For At Least Three Days

No, not Congress.

The U.S. Fish & Wildlife Service this month said that Keystone’s proposed route across Nebraska put the endangered American burying beetle at risk. The agency said the black and orange-spotted insect could be spared, and the project move forward, if proper procedure is followed.

That means pipeline builder TransCanada Corp. (TRP) will have to trap and relocate the one-inch beetles, using frozen rats that have thawed for at least three days for maximum pungency, according to detailed protocols U.S. authorities have drawn up to protect the burrowing bug.

via Beetle-Bedeviled Keystone XL Needs Dead Rats to Let It Be – Bloomberg.

Rats are much maligned.



Don’t Worry, It’s Not Oil

I’m sure you’ll be able to sell your house, no problem..

Many photos of Exxon’s Mayflower, Arkansas spill (definitely not oil) via EPA On-site Coordinator website: http://epaosc.org/site/image_list.aspx?site_id=8502

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Canada-US pipeline map

The Pegasus line through Arkansas is spewing its contents into a subdivision.

pipelinemap
click to enlarge



Still more North American energy security

Canadian Prime Minister Stephen Harper approved Cnooc Ltd. (883)’s $15.1 billion takeover of Nexen Inc. (NXY) and Petroliam Nasional Bhd.’s C$5.2 billion ($5.2 billion) takeover of Progress Energy Resources Corp. (PRQ)

via Canada Approves Both Cnooc-Nexen, Petronas-Progress Deals – Bloomberg.



More on China Buying Up Canadian “Oil Sands”

Recall that American consumers are (strongly) encouraged to think of Canadian production as domestic production.

CNOOC’s blockbuster deal for Nexen, if nothing else, is a stark indication of how far the goal posts have moved not only for Canada’s oil patch, but also for world oil demand. Only four or five years ago, the notion that a state-owned Chinese company could buy—lock, stock and barrel of bitumen—one of Canada’s premier oil names was politically unthinkable. Any such deal was sure to be turned down by Ottawa under its Foreign Investment Review Act (not to mention the hue and cry that would come from Alberta’s provincial government).

Today, that’s all changed. CNOOC’s $15-billion offer for Nexen follows a number of major foreign transactions in Canada’s energy sector. Among others, Malaysian energy giant Petronas is paying $5.5-billion to get at Progress Energy’s natural gas reserves in British Columbia. Earlier this year, PetroChina completed a two-pronged deal for Athabasca Oil Sands Corp. that tallied $2.5-billion. In 2010, Sinopec paid $4.65-billion for a 9 percent stake in Syncrude, which runs Alberta’s largest oilsands mine.

via CNOOC’s Nexen Bid Shows How Far Goal Posts Have Moved | Jeff Rubin.

See this too.



Economic threshold of oil from Canadian tar sands

More commonly, less accurately known as oil sands.

From Canada’s Energy Future (pdf), a 2011 report from the National Energy Board.

The threshold will be highly dependent on the price of natural gas.




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