Oil Sands Strong is a grassroots group of Canadians banding together to support our oil sands. Our mission is to fight back against attacks by providing the public with the factual information they need to help make informed decisions about the cause.

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Jan 27 (Reuters) - U.S. refiner Valero Energy Corp (VLO.N) posted quarterly earnings well above Wall Street expectations on Thursday, as margins nearly tripled on the back of soaring demand for fuel thanks to a vaccine-induced economic recovery. Gasoline and distillate consumption in the United States improved drastically in the last quarter of 2021, compared with the year-ago period, as more people commuted to offices and took to holiday travel on easing coronavirus curbs. A jet fuel recovery and low product inventories from years of

Warm weather in the first half of winter led to lower U.S. propane prices and slower inventory draws A warm start to this winter’s heating season (October through March) has led to declining U.S. propane prices, in contrast to crude oil prices that have been higher this month than during October 2021. Propane prices typically follow the price of crude oil and other petroleum products but can vary significantly, depending on supply and demand conditions, particularly in response to winter weather. Since

Key Points: The rise in the renewable energy that’s available is still lower than the rise in global energy demand overall.The shortfall between renewable energy supply and power demand will only widen as economies reopen and travel resumes, with demand already spiking to pre-pandemic levels.A “common ground solution” would be to use traditional fuels as a backup when renewables fail to carry through. The world wants to “transition” away from fossil fuels toward green energy, but the difficult reality is this: Dirty fuels

What is crude oil and what are petroleum products? We call crude oil and petroleum fossil fuels because they are mixtures of hydrocarbons that formed from the remains of animals and plants (diatoms) that lived millions of years ago in a marine environment before the existence of dinosaurs. Over millions of years, the remains of these animals and plants were covered by layers of sand, silt, and rock. Heat and pressure from these layers turned the remains into what we now call crude oil

As the pressure to act on climate change builds, the industry should consider a range of options. If the world is to come anywhere near to meeting its climate-change goals, the oil and gas (O&G) industry will have to play a big part (Exhibit 1). The industry’s operations account for 9 percent of all human-made greenhouse-gas (GHG) emissions. In addition, it produces the fuels that create another 33 percent of global emissions (Exhibit 2). Exhibit 1 Exhibit 2 Several trends are focusing the minds of industry

When you think of the oil industry, environmentalism and sustainability are probably not the two words that come to mind. Nevertheless, we are living in an increasingly eco-friendly world, where both the residential as well as the commercial realm are adopting and implementing green practices in order to create a safer living and working environment, cut needless expenditure, and aid the preservation of Earth. With that in mind, it shouldn’t come as a surprise that modern oil companies recognize the need for a more

Métis activist Robbie Picard argues 'vast majority' of First Nations support pipeline projects Pro-oilsands activists clashed with opposing groups Friday in Halifax at a rally for the revival of the Energy East pipeline project, which was scrapped by owners TransCanada in 2017. The pro-oilsands rally, organized by a group called Rally 4 Resources, garnered a crowd of 50 or so at Sackville Landing on the Halifax waterfront, a few minutes walk from where the Conservative Party of Canada is holding its 2018 convention. The rally was interrupted by a counter-demonstration of dozen or so people drumming,