
OTTAWA, May 16 (UPI) -- Industry advocates say "radical" environmentalists are blocking Canada's economic development, but oil sand critics say development comes with inherent risks.
Ethical Oil, a group advocating on behalf of the oil sands industry in Canada, said reversing an Enbridge oil pipeline so that it carries oil from Alberta eastward was a "no brainer," Canadian newspaper Globe & Mail reports.
Ethical Oil Executive Director Jamie Ellerton told the newspaper reversing the Southwestern Ontario pipeline meant a move away from the "tyrants" controlling the Organization of Petroleum Exporting Countries.
"But it will still be opposed," he said. "It will face opposition from radical environmental groups."
Canada's National Energy Board has been weighing the reversal since 2008. Opposition lawmakers said oil sands were falsely inflating the value of the Canadian dollar while environmental groups complain the environmental risks associated with Alberta crude aren't worth the benefits.
"We don't need to pick dirty energy like tar sands, we can instead move towards renewable energy source," Gillian McEachern, deputy campaign director for advocacy group Environmental Defense, told the newspaper.
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BUENOS AIRES, May 21 (UPI) --
To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
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MUSCAT, Oman, May 21 (UPI) --
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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