If we are meditative about investing in tar sands oil in Utah—think again.
US Oil Sands’ batch cost fell serve down a highway to disaster when a organisation of pacifist activists gathered final week during a site of a initial due connect sands cave in a country. Dozens of people peacefully overtook a operations, effectively shutting down for a whole day highway construction of a Seep Ridge Road enlargement plan and work during a cave in Utah’s Book Cliffs.
According to KCSG Television, a company’s batch cost on a Toronto Stock Exchange had sealed Jul 26 during $0.115. After a approach movement enforced a full-day shutdown a following Monday, Jul 29, US Oil Sands batch cost had forsaken to $0.10, down 50 percent from a company’s 52-week high.
“Investors have taken notice that these connect sands and oil shale projects in Utah will be done impossible,” says Peaceful Uprising‘s Melanie Martin. “The fools-gold inlet of these resources, a dangerous intensity to poison atmosphere and H2O as good as a people’s expostulate to forestall their swell all supplement adult to an investment blackhole.”
Unedited Media constructed a following video with footage from a approach action, that was published on Peaceful Uprising’s website:
Visit EcoWatch’s TAR SANDS page for some-more associated news on this topic.