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Diesel Shortage * Canada - Stalled Oilsands Renew Canola Biofuel Interest
America With No Plan for Oil Interruption
Canada -The Cutting Edge, by Fred Ghatala (Washington,DC,USA) -November 10, 2008: -- As the price of oil drops to around $60 per barrel and the pain subsides at the gas pump, drivers of the trucks and long haul carriers that carry 90 percent of the consumer goods across Canada are feeling just the opposite... In a country of enormous petroleum resources, refinery shut-downs have caused diesel shortages that have put a vice-grip on the Canadian trucking industry... This diesel shortage combined with the slowing pace of development in Canada's oilsands development remind us that alternatives to petroleum diesel should be pursued with vigor... Ironically, that's as true in one of the world most oil-rich countries - Canada - as it is in a more energy-security sensitive country such as the U.S.... Planned and unplanned shutdowns and upgrades at three refineries in the petroleum-rich province of Alberta have caused the fuel supply shortfall that began in late September 2008... Certainly, the current global recession means demand destruction. But when the recovery is under way, resurgent demand will run full tilt into the recessionary downside on crude prices - supply destruction. Development of the Canadian biodiesel industry should proceed as fast as possible - or else the next supply shortfall might be much worse... Labels: diesel shortage
posted by Unknown @ 11:23 AM
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