Oil Crisis: The Price Of Oil In Alberta

For various reasons, the Canadian government continues harmful practices in lieu of the concerns from Aboriginal peoples. Returning to McGregor (2004), the power imbalance that exists between Aboriginal and non-Aboriginal people is apparent (p. 398), especially regarding oil extraction. So long as “western” theories of production and management are followed, opposing ideals will not dominate. There are large profits to be made in the Athabasca region from resource extraction. As a result, the Canadian government reduces the region to a marketable commodity (Latulippe,

Over the past few years oil prices have been dropping. According to the U.S. Energy Information Administration (eig.gov), a barrel of oil cost $86.07 on October 20, 2013. As of October 20, 2015 a barrel of oil

These factors result in several issues and challenges. These matters have brought a conflict between the various stakeholders in this industry (Oilsandstruth.org, 2015). This discussion aims to identify the primary issues associated with the Canada oil sands and the involved stakeholders. Secondly, the stakeholders’ political view will be established. Finally, the discussion will recommend policies that can be effective in solving the challenges associated with the issues.

The Athabasca Delta is a breeding ground for species of birds, which was destroyed to clear the land for oil development. These development practices are a leading factor towards increases in pollution. A scientific panel stated on Tuesday that pollution must be corrected, as there are major debates against the oil sands development. Proponents argue that business through the Oil Sands has made Canada a major player in foreign supplement. Unemployment rates have decreased across Canada and companies generate huge profits. The Alberta Oil Sands provide Canada with a secure source of energy. Throughout the world, Canadian oil reserves are the second largest in the world. Oil mining operations in Canada also help create more trading partnerships with different countries. This is a great way Canada can strengthen relationships and ties with various nation-states. The Oil Sands is a stabilizing force for Canada’s economy, yet it has a tremendous effect on the environment. Corporations are held responsible for their actions, and environmental protection should be their main concern. The procedures that the Oil Sands has taken are not effective, to an extent, where the pace of investment and development in the oil sands

For centuries, humans have had the unsatisfiable desire for more. This is seen quite often throughout history, with a common characteristic being that the environment or some people are negatively affected, usually with long­term effects, in mankind’s quest to satisfy their lust. A modern day example of this is seen in Alberta’s oil sands, as well as in James Cameron’s science­­fiction film Avatar. Alberta oil sands have the third largest oil reserves in the world, making up over 20% of Alberta. The oil industry is a staple part of our economy, as we rely heavily on it. However, in order to get to the bitumen­­rich oil sands, countless trees have been cut down, and many people in northern Alberta have been affected, including over 20 indigenous groups.

The social community improvements of alberta as a result of the oil sands. The albertan government committed around 2.5 billion dollars in fixing up the communities of alberta as a result of the oil sands making so much money(Alberta government,march 15 2013). Some examples of this are the 1 billion in road projects, 241 million in building new neighbourhoods, and 103 million in wastewater treatment and to improve the old ones(Alberta government,march 15 2013). Air is rated good 99% of the time, drinking water consistently meets the the guidelines for canadian drinking water(Alberta government,march 15 2013). Which means the quality of life is good in the oilsands region. In conclusion the oil sands affect the communities of that region positively, by bringing in enough money to make improvements to the infrastructure.

Dr. Lorne Taylor (2012, p. 3), the chair of the Alberta Water Research Institute, states, “Organizations like Greenpeace and the Sierra Club are convincing Canadians and the world that Alberta’s oil sands are a scourge on the environment”. Environmental groups and the media are unfortunately shedding a poor light on the development of the oil sands in northern Alberta. Bob Weinhold (2011, pg. 119), a veteran environmental journalist, states “the Royal Society of Canada (RSC) panel found no evidence that people are currently being harmed by oil sands activity”. Both the environmentalist side and the oil sands producer’s side must be evaluated with an objective mind as each contains truths as well as embellishments. Taylor (2009, pg. 2) argues that a major misconception is “the province, people and industry of Alberta

The Alberta Oil Sands have affected many stakeholder groups such as government, residents, researchers and employees. However, we will focus on how it affects the Alberta Government; specifically, Ed Stlemech of the Conservative Government. As my stake holder, Ed Stlemech does not live within the Alberta Oil Sands area as well as have any direct relevance to it, I will instead examine how it has affects the citizens of Alberta and more importantly, those who live in and near the Fort Chipewyan area. In this way, the environmental, the economical as well as the societal impacts will impact Albertan voters and therefore impact the Conservative Government in way of the Alberta General Election.

There are many different factors contributing to global warming. The Alberta oil sands are only one of them, but they're one of the largest sources of harmful air pollutants in Canada. The oil sands are polluting our air and water, clear cutting the Northern boreal forest and affecting the First Nation tribes living around the sites. Canada should no longer be funding the Alberta oil sands because of the negative impact it has on the environment and people near them.

The question that has arisen from this shift is whether or not the Canadian oil and gas industry inclusive of the upstream, and midstream sectors, has a net positive benefit to Canada. This essay will explore and seek to understand the myriad of issues that this industry faces daily.

Would you really want to be responsible for destroying the animals home and the environment? The United States has a huge debate whether or not We should drill for oil in Alaska’s wilderness. But the answer seems pretty clear to me because it is not essential for our economy ,it is not valuable for the environment, and it is causing a social disruption. In the background essay, it says that many colonies We're not concerned about protecting our natural resources because they thought they had enough natural resources to last forever; But We don't, We are limited and some day in the not too distant future we may run out of natural resources so we have to circumspect and start protecting it by using other materials such

The article, “Stop oilsands expansion, Canadian and U.S. researchers say” by CBC News is a convincing model of how Canada should progress with the oil sands in the future due to the credibility of the arguments. As stated in the article, “The answer isn’t a moratorium, but even more spending on research to mitigate the industry’s impacts” . All in all, the article was convincing as the analysts show maturity and a sense of realism to understand that the Canadian economy needs the oil sands so expansion may be harmful, but a moratorium is out of the

Levi (2009) states that, the oil sand in Canada could adversely influence the growth of not only Canada but U.S.A as well. He states that since the oil sand deposits can be depleted any time, then this availability would greatly reduce the amount of oil in both Canada as well as the surrounding countries. He also states that the dependence of America on the stability on the Middle East for its oil supply could lead to economic crisis in case the reserves get depleted reducing the amount of revenue available for use in the countries. The oil sands production could also lead to the regulation of oil prices, as it is able to meet the demand of the oil levels required thus reducing or depletion of reserves could result in instability of prices.

World needs energy and Alberta need the oil sands to strengthen the economy. When considering Canada, especially Alberta has been in the oil market, bringing heaps of economic benefits to the country. Besides, energy has turned out to be one of the essential and basic needs, mandatory for the economic progress of a nation. Depending on consumption of the main energy sources, oil is used in a percentage of around 38%, gas is around 21% and also, coal is around 28%. As the developing countries and developed world continue to grow rapidly, many obstacles arise from our dependence on these burnable energies. The availability and consumption of energy resources need to be related to the costs of the global economy and as well as to the ecological impacts. Mainly, the environmental risks associated with energy consumption are related to oil abstraction and their discharge related problems. In addition, these natural resources like coal, oil and gases generate difficulties in both ways, while extracting as well in their use. Besides, the other main problem is the supply of these fuels from other countries and they highly rely on transportation methods or pipe lines which could cause massive destruction to our nature. And at the same time, many arguments take place in regard to the damage cause by these oil sands. Yet, there are no primary energy origins which are free of economic or

Until 1973, Saudi Arabia barely participated in international trade, however, during the oil crisis, Saudi Arabia’s economy grew rapidly because of their huge oil reserves (second largest in the world), and their ability to produce far more barrels than any other country. Saudi Arabia is the largest producer and exporter of oil in the world, and produce over 11.5 million barrels a day, over 7.5 million barrels a day more than Canada, at far less of a cost. Canada and Saudi Arabia are allies and benefit from each other. Canada and Saudi Arabia’s trade totals more than $3 Billion, and their market is so big because of Canada’s sanctions on Iran, another oil superpower. Saudi Arabia is Canada’s biggest trading partner in the Middle East. Saudi