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From the Huffington Post:
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A group of Canadian businessmen has obtained the blessing of Alaskan tribes and Canadian First Nations to build a railroad through their lands that could carry up to five million barrels per day from the oil sands to the super tanker port in Valdez, Alaska.
This is truly a nation-building project that must be seriously evaluated by all governments and the oil industry. Preliminary feelers have been placed and it’s clear that the concept is the most viable and pragmatic solution for Canada’s logistical problems.
The proposed 2,400-kilometre railway would link Fort McMurray, Alta., with the Alaska oil pipeline system then on to the Valdez for export.
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A plucky video posted on YouTube Monday spoofs comments by a Chinese oil researcher that compared the oil sands to single women.
"Call the Tar Sands Love Line" is a satirical dating service video like the ones that play on late night cable. The video takes images of oil platforms and overlays them with a voiceover that portrays the oil sands as a lover hoping for a mate.
Petroleum News by Alan Bailey. Two companies, both new to the Cook Inlet basin, are taking the next steps in their ventures to find and develop new oil and gas in the basin, 
company executives told the Resource Development Council’s annual Alaska Resources Conference on Nov. 14.
company executives told the Resource Development Council’s annual Alaska Resources Conference on Nov. 14.Apache Alaska Inc., the company that has been conducting a major 3-D seismic survey program across broad areas of the basin, has spud its first exploration well in the basin, near Tyonek, on the west side of the inlet, John Hendrix (NGP Photo), general manager of Apache Alaska, told the conference.
“We spud our first well this morning at 7:44 in the morning — our first Apache Alaska drilling operation,” Hendrix said. Apache is primarily looking for oil in the basin, although the company also expects to find natural gas in the course of its exploration drilling. ….
Mark Landt, vice president, land and business development for Buccaneer Alaska, a subsidiary of Australian independent Buccaneer Energy, said that this winter Buccaneer is going to use the Endeavour jack-up rig that it has brought to the inlet to drill at Cosmopolitan, a known oil pool offshore Anchor Point in the southern Kenai Peninsula.
There are estimated to be around 90 billion cubic feet of natural gas at Cosmopolitan, in addition to an estimated 44 million barrels of oil, Landt said. ….
| Petroleum News by Gary Park. The next 23 years will see Canadian oil production rise steadily as oil sands volumes grow by 250 percent to 4.3 million barrels per day, more than enough to offset shrinkage in conventional output, the International Energy Agency predicts. |
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