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Thursday, September 20, 2012

Gas prices drop overnight, part of the new norm of wild swings, experts say

Gas prices drop overnight, part of the new norm of wild swings, experts say: "The world is running out of easily accessible oil, he argues. That means we’re running out of cheap oil.

It costs less than $5 a barrel to extract typical Saudia Arabian oil, compared with about $80 a barrel for Alberta oilsands oil, he says.

Other “unconventional” sources, such as oil from Siberia or the deep ocean, will also be “very, very expensive — magnitudes more expensive” than cheap sources."

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Friday, September 14, 2012

Our cities will define our future - The Globe and Mail

Our cities will define our future - The Globe and Mail: "In Live Where You Go, the recently released report prepared by the Pembina Institute and the Royal Bank, residents in Ontario and elsewhere increasingly say they would give up a large house and yard and a long car commute in favour of homes that are a convenient distance from workplaces, amenities and rapid transit."

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