Environmental groups and the oil industry are battling on a new front in the long-running public relations war over Canada’s oil sands. This one concerns claims that crude wrung from the massive deposits is more corrosive to pipelines and hence presents a bigger risk of oil spills.
from Summit Notebook:
The Oil Sands, the world's second-largest proven reserves after Saudi Arabia, hold out the promise of energy security for the United States and economic security for Canada. But environmentalists fear the destructive, energy intensive process of extracting the oil will carry direct consequences for the planet. Despite the doubts, new oil sands projects are again springing up after the financial crisis halted development. How will oil companies balance the quest for more oil with environmental concerns? Mar. 22-23 we'll put those questions to the oil companies, environmental groups and government officals at the first Reuters Canadian Oil Sands Summit in Calgary.