Domestic oil

10:01pm

Tue January 17, 2012
Energy

Blocking Keystone Won't Stop Oil Sands Production

Oil storage tanks at the Chevron Burnaby Oil Refinery on the shores of Burrard Inlet, east of Vancouver, B.C.
Andy Clark Reuters/Landov

President Obama is feeling election-year pressure on the pending decision over the Keystone XL pipeline. Republicans say the Canadian project would provide the U.S. with oil and new jobs, but environmentalists want him to block it. They say Alberta's oil sands generate more greenhouse gases than other kinds of oil, and Americans must not become dependent on such a dirty source of energy. But it may already be too late to change that.

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1:53pm

Tue March 29, 2011
Domestic Energy

Review Finds Large Chunk of Oil and Gas Leases Inactive

Department of the Interior

A new report from the U.S. Department of the Interior says more than two-thirds of the nation’s  offshore and half of the onshore oil and gas leases on federal lands are sitting idle.

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