Archives: 2011 | Financial Post (external - login to view) ... -on-earth/
"Facts are that petroleum from the oil sands is no dirtier, in terms of emissions and other health hazards, than California crude, many other imports to the United States and certainly coal. Even so, American environmentalists spread inaccuracies and threaten to seriously injure the oil-sands industry and Canadian living standards."
"The chucks are a pillar of the Stampede, which is, like most Alberta endeavours, an enormous private-sector success. The 10-day event, which will celebrate its centenary next year, attracts 1.2 million people and generates $127.2-million in economic activity.
Underpinning this success and the ebullient mood here this year is oil at US$100 a barrel and another oil-sands boom despite detractors south of the border. In 2010, Alberta produced 2.1 million barrels a day of oil, 1.5 million of which was from the oil sands, or nearly triple in 10 years.
It's a culture of enterprise and western traditions that has sprung despite its relative isolation and the world's most hostile climatic conditions. Criticism is without justification."