oil to market? oil to market? >> that will have its own challenges about allowing massive amounts of rail transport of oil, even as mr. pourbaix talked about what those risks and impacts are. if you start building a pipeline, not the keystone but in my jurisdiction, that is how you slowdown climate change. the environmental trust acknowledged that the keystone pipeline could affect the climate. the currently a prose -- currently proposed pipeline productions were blocked, tar sand would be lower. the state department assumes that if keystone xl and other pipelines are not built producers will move all of the to trade instead. willirst key question is canada build other pipelines in the west coast of canada? if you years ago is the department assumed if we did not approve the keystone xl pipeline key will would simply go west to china. oil wouldne pipeline simply go west to china. >> when one says canadians support developing oil sands, alberta supports that. there are many places in the country wher

to begin with it's not even english oil it's scottish oil so she's taking scottish oil. she's. creating unroot deregulating the city of london so they can open up those credit markets to lend money into development of the north sea oil into the scottish oil and she's claiming responsibility for economic growth and concurrently she's not doing what norway did it she's not putting billions of hundreds of billions of dollars into a sovereign wealth fund no she's allowing interest rates and she's she's allowed taxes to be to be to be cut to finance housing speculation now that the north sea oil the scottish oil is running out you have the economy in collapse housing using collapse there's no room for people to live in london because it's only it's only open for foreign oil drillers and oil speculators there's nobody here is actually english any more they live in london so it was a catastrophe now that i say enough that is for years the only thing good about it is that there was enough gumption on the street for bands to start singing protest songs and you know this fed into

oil spill. happened right around earth as well we now have another spill being dealt with in arkansas all and we have as tyson mentioned the keystone construction underway what has been done since the first b.p. oil spill to make sure this sort of stuff doesn't happen again is that enough as we're building another pipeline of course i guess the b.p. oil spill was a it was a oil well underground it was in a pipeline but still the same sort of stuff are we doing enough to prevent these sort of disasters from happening again. well in short no very little has happened since the b.p. oil spill there's been no major reform legislation to really tighten up the standards there been some reforms to the mineral management service the department of interior and the way they. run these programs but as we've seen in these recent pipeline spills the level of oversight for fossil fuel production and transportation is nowhere near what it what it needs to be and of course the big picture is that we just need to

standard oil and other monopolies like u.s.el, general electric, at&t, and international harvester, became price makers. but their methods left some bruises. georgetown university law professor thomas l. krattenmaker. the standard oil trust was formed in 1882, and that led to widespread public concern. and it was that public reaction to the trusts that led to the passage of the sherman act in 1890. the sherman act made it illegal for any one firm to obtain a monopoly. that is, to get complete control over the production of all the goods in one market. and secondly, the sherman act made it illegal for firms to get together and agree on the way in which they would compete. for example, by setting prices or dividing markets or determining which customers they would deal with. the sherman act was one of only several choices that could have been made in 1890. congress could have chosen to nationalize the trusts. it could have chosen to set up a large government department to oversee the behavior of the trusts or even to run the trus

oil imports. so in other words, there's a lot of significance in the discussion that we're going to have today, and it's very valuable that we have the premier to guide us through this discussion. she graduated from the university of saskatchewan with a degree in law. she spent several years working in the federal government in ottawa, both for the prime minister and as a senior to the minister for external affairs, the foreign minister of canada. she then turned in her career to focusing on human rights, and she worked on human rights education, policy and legal reform in south africa, in mozambique and other countries in africa, in the balkans, and in a number of countries in asia. while doing that, she had the opportunity to work alongside nelson mandela after the end of apartheid in south africa, and then representing the united nations, she was one of four of the international election commissioners who organized afghanistan's first-ever parliamentary elections in 2005. with that broad intern

is actually producing more oil than we have in decades we're importing more oil from canada and yet consumers are still paying very high prices at the pump the only way to reduce how much money consumers pay for crude is by finding ways to use less of it and we're doing that with more efficient cars with more efficient buildings things of that sort we really you know it's time time to move to alternative energy sources anthony bill bill my apologies for the for the kind of flaky skype connection but it's great to have you here with us three fifty dot org thanks so much for joining us. both of you is a pleasure thank you. after the break more and more americans are fed up with the role that corporations are playing in our government and they're fighting back what has the town of a group of towns in pennsylvania done to fight back against corporate power and how will their efforts impact the national fight to overturn citizens united. wealthy british style. markets why not come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the glob

i mean, it is oil. we use a lot of oil., we love oil, but we also happen to have no freaking clue how to handle that particular kind of oil when something goes wrong with it in transit. tonight in mayflower, arkansas, here's what local officials are dealing with. that is diluted tar sands oil all over the streets, reportedly encroaching on a local lake after an exxonmobil pipeline ruptured on friday. while it is an absolute mess for emergency response crews to try to clean it up, turns out it is a special kind of mess because it is tar sands. crude oil spills we are bad at dealing with. we are bad at dealing with spills of crude, the technology has not gotten much better in 40 freaking years. but this isn't crude. this is tar sands, and tar sands leaks, turns out they are way harder to clean up and we really have no idea how to do it. we've only ever had to try it once on a big scale. >> there is another oil clean up underway in this country tonight in michigan, following a leak in a pipeline. >> good evening, brian, from t

and that is oil. >> that is oil. more precisely, that is heavy crude oil from the tar sands of canada spewing out onto the lawns and sidewalks and the basketball hoops of the suburban area. the 20-inch mobile pipeline carrying the crude burst on friday, almost in two dozen homes in the area have been evacuated while the clean-up gets under way. the epa has classified it as a major spill. exxonmobil has not announced how much has spilled yet as of this evening they have cleaned up 12 million barrels. it was common to hear the residents say they didn't know they lived essentially on top of a 60-year-old oil pipeline. and in the cable news business, the degree of an oil spill is determined by the pictures. these come from arkansas. most of these birds are been bathed at least once before the pictures were taken. just two days before the big suburban spill in arkansas, a train derailed in minnesota spilling 15,000 gallons of crude into a rural minnesota field. we don't know for sure whether that was also tar sands oil, b

of its oil. we passed by bonnie island or multinational oil companies like shell. and magic happened at the thirty six billion barrels of oil beneath our feet. and i find myself in each of the tiny fishing village that is frequently visited by the. militants from a nearby camp. as. well as. i said. i think it's deserved it. the government we have been ugly in the event not to god not to him. not to know about. and i joke. or. do you think they're no longer here. but i beg go out of office were. the stronger voice. why can't they find somewhere else to stay. far away. what are they doing. it looks like they've carried some people in this big bed that they meant to. but doesn't it. is the cargo hold my decision it'll be bad for them if they run out of bullets what a world we live in is this an urban life or rural life which i was a new born in and. are they dragging the other speedboat along so they're using their guns to signal a child. even in the midst of the conflict so ordinary life takes its

dirty oil relatively so. would that limit how much can come into california to a refinery? >> possibly. the oil that is coming through, there are several different products coming through that line. a lot of it is stuff called diluted bit. bita bita bitamet. it is what you find in the oil sands of alberta. you have to heat it up and dilute it with something else lighter to get it to flow. that stuff basically behaves a bit differently if it spills than regular old oil will. in terms of coming into the state, some of it already does. we have about 2.4% of our oil in california from that pipeline. but we do have a law on the books now that is going to force refineries to cut the carbon intensity of the fuels they sell in the state. they will have to do that by blending in bio fuels into what they sell. if they get more of the stuff from the tar sands, which is pretty greenhouse gas intensetive, generates a lot of carbon, that could be a problem. >> this thing was new to me. it sounds like yucky stuff. is that t

well his latest oil spill in a small u.s. town has once again raised questions about the dangers of using older pipelines to transport increasingly large amounts of oil across the continent let's now take a look at america's oil transit infrastructure we can see here. more than half of the nation's pipelines were built in one nine hundred fifty s. nine hundred sixty s. according to the u.s. department of transportation others at the pegasus oil pipeline which burst in arkansas were constructed even earlier soon after it will go to and billions of dollars worth of oil flows through these pipelines every year now in twenty eleven the big five all firms that sex on mobile world. phillips and chevron how to combine the revenue of nearly two trillion dollars when gresh new reports put the turnover at more than ten percent of the country's g.d.p. but this spiked huge profits the government and the corporations seem reluctant to update the pipeline infrastructure and environmental consultant richard styler says the arkansas pipeline

oil spill. happened right around earth day as well we now have another spill being dealt with in arkansas all and we have as tyson mentioned the keystone construction underway what has been done since the first b.p. oil spill to make sure this sort of stuff doesn't happen again is that enough as we're building another pipeline of course i guess the b.p. oil spill was a it was a oil well underground it wasn't a pipeline but still the same sort of stuff are we doing enough to prevent these sort of disasters from happening again. well in short no very little has happened since the b.p. oil spill there's been no major reform legislation to really tighten up the standards there been some reforms to the mineral management service the department of interior and the way they. run these programs but as we've seen in these recent pipeline spills the level of oversight for fossil fuel production and transportation is nowhere near what it what it needs to be and of course the big picture is that we just nee

this latest oil spill in a small u.s. town that has a once again raise questions about the dangers of using older plant blinds to transport increasingly large amounts of oil across the continent let's take a look at america's oil transit infrastructure now more than a half of the nation's pipelines were built in the one nine hundred fifty s. in the one nine hundred sixty s. according to the u.s. that department of transportation's like the pegasus oil pipeline which brazil where construction even earlier soon after world war two billions of dollars worth of oil flows through these pipelines every year now in twenty eleven of the big of five oil companies exxon more wall royal dutch shell b.p. conoco phillips and chevron had a combined revenue of nearly two trillion dollars a congressional report pointed turnover at more than ten percent of the country's g.d.p. but despite huge profits the government and the corporations it seems reluctant to update the pump line infrastructure environmental consultant richard simon says t

earnings per oil. >> not all oil is equal. betting on it today means increasingly deadly and dirty oil, oil to fight the wars and the disaster of the tar sands across north america into under regulated pipelines and trains that rupture on route to the golf coast to be shipped into other markets to feed other markets oil from below the surface using technology which fails and causes the worst disasters in history, meanwhile big oil uses the profit to buy off the public process, to make... >> i have to stop you and i would like you to finish your comments. >> okay. >> thank you. >> big oil is turning backwards, and dark path and san francisco must divest if we want a future at all. >> thank you. >> before we go on to other members of the public to comment, we do have director from the retirement board here. mr. jay huish. thank you for coming. >> i apologize for being late and i was watching the hearing and i had no idea that the first three items would move that quickly. from the retirement system and i am the director and i wo

of oil material. so the disaster is ongoing, even though it has been three years since the explosion. > the oil is still there. what is bp doing about that, or even halliburton or trans ocean? > > it is interesting that you ask that. i think they would like us to think that the oil is gone, the disaster is over, and the gulf is open and ready for business. and while certainly, hopefully, folks are going to visit the region and enjoy the beautiful beaches, the oil is still there, bp has not been held fully accountable, trans ocean has pleaded guilty to some of the criminal charges and paid $1 billion in civil fines for their portion of the disaster, but the trial is now entering its sixth week, and it seems at every turn that bp continues to shirk responsibility. > at the same time, bp contends that all the money it is spending, some $37 billion already, it will actually harm bp. is that true, and do you actually see some of that money siphoning into the community? it sounds like not at all times. > >

so we've got thousands of barrels of oil spilled here in arkansas and yet conservatives and the oil barons want to build a massive pipeline to carry carry even more tar sands oil from canada all the way down to texas should we be rethinking this stuff now that we're seeing the effects of some of these spills. first of all i think we should gradually exxon for its response deploying fifteen trucks and thirty three storage tanks and really addressing this emergency i think there have been lessons learned from b.p. and we're seeing it in action right now but we just put ourselves in a situation where we don't have to do this stuff anymore we don't have to be just burning wood. yeah i don't know the words i'm not really sure that. this thing was i mean if you look at the billions of dollars we've invested in wind power over the years over the past few decades we've invested billions of taxpayer dollars in wind power and we're still oil producing about three percent of the energy needs of the u.s. consumer so at the end of the day what i want to i don't want i don't want to revert to his

they base that announces on a replace, a barrel of oil sands oil versus the average real of a refined in the u.s. it is worth noting that those gulf coast refineries that keystone is targeting are presently configured and run heavy oil. so they will not be replacing a barrel of canadian heavy with a barrel of light. they will be replacing it with a barrel of venezuelan heavy or some other heavy, in which case the percentage i would argue would be smaller. >> mr. jaccard, i assume that you believe that global warming is caused to a large degree by human activity? >> i believe in lifting -- listening to scientists. >> thank you. one of the things in your written testimony, was brought up, in order to achieve a less than two-degree celsius change in global temperatures, the keystone pipeline needs to be a part of that, whether it's prevented or not. could you comment on the? >> keystone needs to be part of the. what i would like to say is that i'm involved in a lot of analysis of what happens to global energy markets to meet the constraints of two-degree celsius a scientist and political

a lot of oil in it?> well, their deep water prospects are very good. if we look at the golden lane in the gulf of mexico, it does wrap around from offshore louisiana, offshore texas, right around to mexico. they have not yet really exploited their deepwater deposits. they're going to have to use additional technologies, and we'll be there to help pemex exploit those over the next several decades. >> last time you were on, you teased us, you said there could be another bakken, another eagleford. we have since interviewed a number of ceos and asked them about that. apparently, it is true, and no one will tell us where they are drilling it. but do you feel even better since the last three months with looking at your technology that bakken and eagle ford are not alone in this country in terms of the big finds we could be having? >> that's correct, jim. i think our exact words there was one and possibly two additional large tight oil developments left in north america. i saw your piece last night with floyd w

town struggles to remove rivers of oil from its streets after a pipeline spews more than ten thousand barrels of crude. just and reasonable u.k. government plans on with a wife to criticize housing benefit not. spent. deadly printer american firearms enthusiastic on the verge of creating a three d. printed gun raising fears that getting a weapon will become quick and printing. or costing a lot from moscow this is. the streets of a u.s. town in a state of. over ten thousand barrels of crude oil off an exxon mobile pipeline burst on friday around two dozen homes have been evacuated some residents forced to stay away for several more days on a clean up operation continues washington correspondent has the details. exxon mobil is naturally trying to downplay environmental concerns they're not saying exactly how much oil spilled onto the streets of that neighborhood in arkansas but the company says it has already collected more than twelve thousand barrels of oil mixed with water from the affected area not clear how much of it was water though twenty two homes were evacuated there as they'r

four hundred plus barrels of oil a couple million for gas and the oil and gas industry isn't alone if they list them it's going to make it more difficult. for the wind energy to develop it could change where. transmission lines go through which would increase the cost for transmission lines it would also hurt the farmer since the lambs these birds nest on would be protected the range of land that the lesser prairie chickens nest on has decreased eighty four percent from its historic range so with the support of all five governors the energy industry has hatched a conservation plan to protect the chicken population all while maintaining oil and gas output and that is good news for small game expert jim pittman who has monitored the chicken population for years but even he has issues with the data and the idea of listing the animal all together the effects of those other features like gold and secondary roads when turbans for those particular features when we have fairly sparse data or or it's nonexistent altogether and that fact has the energy industry crying foul so what is so importa

the light did not ever see any crude oil. the heavy crude oil mostly fled. some part of it evaporate and some part of that sinks and that can happen with any heavy crude oil. there will be since oil in the soil that will be rid mediated. they have a cash advance to governments and first responders to respond quickly after words to respond to a clean up. companies pay into this oil trust fund and a company that has an incident will reimbursed this fund for the cost of any spill. regardless of whether the particular crude oil is subject to the excise tax, and the cleanup activities will be reimbursed by the industry. host: talk about how this spell has impacted the debate over the keystone excel pipeline. guest: some are trying to draw a connection and i don't think there is a connection. we don't know the cause of it. we know it was carrying crude from western canada and some crudehat blind carries from the canadian oil line. if you look at safety to statistics, there has been no accidents in u.s. pipelines caused by diluted crude-oil carried from the canadia

and that is oil. host: you say exxon is the company that was controlling this pipeline has responded. what does that mean? what are they doing? guest: first you shut down the pipes to try to stop the flow of oil from the pipeline and you move into remediation. you used boom, absorbent booms to keep it from falling any-- flowing any further and get out with a vacuum trucks and absorbent pads and start to remove the soil. no matter how safe the pipeline industry is, you don't want to see what you just saw. i feel for the people that were affected. exxonmobil is making it right and the entire industry will learn from the cause to continue further improvements in the safety records. host: what is the association of oil pipeline? guest:aopl represents the owners and operators of companies that operate pipelines carrying crude oil and refined petroleum products and natural gas liquids. we represent them in washington, focusing on safety, communications, and advocacy. host: we are taking your calls for comme

of oil. we passed by bonny island where multinational oil companies like shell. and agile tap into the thirty six billion barrels of oil beneath our feet. and i find myself in each of the tiny fishing village that is frequently visited by the. militants from a nearby camp. as . i said. i think it's deserved. the government we have been a doing not to god not to him. not to know about. and i joke. or. do you think they're no longer here. but i beg go out of office. and the strong voice. and why can't they find somewhere else to stay. far away. what are they doing. it looks like they carry some people in this big bed and they bend to. it but doesn't it. is the cargo hold my guess is it will be bad for them if they run out of bullets the world we live in is this an urban life or rural life. and you. are they dragging the other speedboat along there using their guns to signal a child. even in the midst of the conflict so ordinary life takes its course and its twenty three year old named mom goes

oil prices are creeping up! phil flynn, a fox business contributor who is also with price futures group joins us now for a closer look at oil. we'd love to get that backstory from you on natural gas. what is happening there phil? > > i tell you what, we could be near the end of the era of oil. i know it's crazy but- > that is huge. > > -that is huge! what we are seeing here is a significant shift in the global oil market, and that is because of the shell gas revolution and the cleaner burning properties of natural gas. we are already seeing it take a toll on the marketplace. > what is happening with oil prices? > > this time of year the price of oil normally goes up as we get closer to the summer driving season, but i think it is deeper than that. what we are seeing here is the price of oil here in the united states, the wti oil, is getting more in line with the global marketplace. the price of oil in europe has been well over $100 a barrel for many, many months. and the spread between the oil here in the united

environmentalists us on the alarm over america's outlay to the oil pipeline network and the industry's future project the can for town recovers from tons of crude spilled onto the streets. and from standing up all for free speech to running for office we could exist in a song said his eyes on joining australia's parliament his campaign director tells our team what the whistles blowups got in mind. it's four pm here in moscow you live with us on r.t. for international news a commentary analysis and reports ryans have broken out in several israeli prisons are over the death of a palestinian in main. media was serving a life sentence i had throat cancer palestinian officials say israel refused to give them valuable treatment but israel in says it did osborne early release but it was already too late to go has the story. he started feeling ill last summer and he has asked the authorities for check ups but they basically have done those check ups but never told him exactly what was happening and even though the man was obviously lost more than fifteen kilos in less than two months they stil

federal fund a clean up oil disasters including this one why because this stuff isn't oil it's stuff that the prefer press refers to as tar sands oil from canada but it's actually legally known as diluted in the us as we call it by two men in britain. and according to a one nine hundred eighty law pushed through and passed by our bought off congress at stuff that comes to canada the diluted by two women not being oil isn't subject to the tiny taxes that are imposed on regular oil to pay into a fund to help cover the costs of spills another reason why the diluted by tumen tar sands oil will be coming down the keystone x.l. pipeline will be even more profitable for the big companies who plan to refine it on the texas coast and then ship that refined diesel and gasoline that they extract from it to england mexico brazil and china over places we by the way will get to keep all the poisons left over from the refining process and we get to pay for all the cancers from them expect cancer alley down south to grow substantially finally to add insult to industry or to injury we get one of the

federal fund a clean up oil disasters including this one why because this stuff is in the oil. it's stuff that the prefer press refers to as tar sands oil from canada but it's actually legally known as diluted in the eyes as we call it by two men in britain a bit of a and according to a one nine hundred eighty law pushed through and passed by our bought off congress that stuff that comes from canada the diluted by two women not being oil isn't subject to the tiny taxes that are imposed on regular oil to pay into a fund to help cover the costs of spills another reason why the diluted by two men make a tar sands oil will be coming down the keystone x.l. pipeline will be even more profitable for the big companies who plan to refine it on the texas coast and then ship that refined diesel and gasoline that they extract from it to england mexico brazil and china over places we by the way will get to keep all the poisons left over from the refining process and we get to pay for all the cancers from them expect cancer alley down south to grow substantially finally to add insult to indu

all this latest oil spill in a small u.s. town has once again raised questions about environmental hazards of musing over the pipelines and transports increasing large amounts of oil across the continent financial consultant and star says the pegasus pipeline is long past its sell by date there's no excuse what so ever for oil pipelines to be anything over thirty years old or general design life is maybe twenty to thirty years there's been several spills about six or seven of this heavy diluted bitumen it's called dill bit which is the tar sand oil which is so thick it can't be transported through a pipeline unless it's cut with condensate and benzene exxon has shown time and time again that they are not willing to accept responsibility legitimate financial responsibility for their actions however negligent they are they got out of the alaska spill with you know about a billion dollars paid to private thirty thousand private litigants that should have been by many of their estimations much much more than that so they have a h

that is oil. >> lots and lots of oil.n friday afternoon, another pipeline, an exxon mobil pipeline, this one carrying between illinois and texas, ruptured underground. it sent a thick stream of crude oil everywhere. dozens of residents have been evacuated indefinitely. it's now encroaching toward lake conway, a local source of drinking water. so far, the oil company says 12,000 barrels of oil contaminated water have been recovered by emergency responders. one of the things that has emerged is that it turns out this oil pipeline, a ticking time bomb, this was mostly unknown to the residents who live right on top of it. watch. >> mike oswald is worried about his mother. >> no, i didn't know there was one. >> he is like many who said they had no idea the pipeline existed. alexander says he knew nothing about the pipeline. >> before we buy the house, you know, what is underground or what is, where the houses are. >> supposed to be a 20-inch pipeline runs from illinois to texas. >> brantly knew nothing of the pipeline. >> i ha