Here at Secure Our Fuels, we talk a lot about how America’s relationship with our friends in Canada helps further key national priorities related energy, security, and the economy. Few examples better illustrate this phenomenon than our continued partnership on the oil sands, a secure and abundant source of energy that policy initiatives such as the Low-Carbon Fuel Standard (LCFS) seek to destroy.
But Canada’s oil sands isn’t the only stuff that an LCFS is setup to demolish. It’s also no friend of energy resources produced and developed here. Turns out, Canada’s not the only country in the world blessed with the promise and potential of oil sands. Turns out we’ve got some of the stuff right here in America as well.
Here’s how the Salt Lake Tribune handled the story:
Utah is more willing to lease its state lands, and Earth Energy joins a neighbor on state lands, Salt Lake City-based Red Leaf Resources Inc., which is working on a small scale to develop the region’s oil-shale reserves. Red Leaf also is looking for investors to ramp up production.
Wringing oil from hard rock or oil sands is technically possible, but nobody has proven it economical on a large scale yet … Earth Energy Resources “wants to be the first to do it.”
There you go – that’s the spirit. Used to be a time when nations of the world commissioned the work of these explorers, financed it, hailed it, and held up those who proved successful at doing it as heroes. Today? Let’s just say that times have changed – the evidence of which can be seen with each new state embarking down the dangerous path of the LCFS.
The good news, if there’s any of which to speak, is that an oil sands project in the United States may prove tougher to defeat than an oil sands project in Canada. But make no mistake: The LCFS doesn’t discriminate. And as we work together to advance the imperative of secure and affordable energy supply for American consumers, neither should we.
