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Energy Ink

September content for your viewing pleasure

It's back to bitumen this month with Alberta Oil's oil sands report

September 01, 2010
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As kids and university students head back to classrooms this week, Alberta Oil gets back to bitumen. September’s content centers on our annual oil sands report.

*Editor Gordon Jaremko visits the headquarters of Boston-based CERES, short for Coalition for Responsible Economies, to find out why oil sands firms are increasingly maligned in the public eye, and what they can do about it.

*Also on the eastern seaboard, we visit NYMEX, the world’s largest trading arena, and delve into the frenzied world of futures trading. File this under little-known fact: when oil prices peaked at US$147 a barrel in mid-2008, trading in paper barrels reached a fever pitch, climbing to 640 million barrels daily. That’s eight times the real-world consumption of wet barrels.

*Growth is back on the agenda of the mega-mine projects that started the oil sands story more than a half-century ago. While a more measured pace to development is taking hold in the formerly red-hot bitumen belt, forecast oil sands spending is nothing to sneeze at.

*Knowledge brokers from Ziff Energy Group tell Alberta Oil why gas from the Mackenzie Delta still matters.

*Vern Blinn landed his first job on a rig in 1949. The retired roughneck has been building models of iconic oilfield hardware ever since.

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