On the recordJanuary 21, 2015
Indeed, I would say the breakpoint for that study was at $75 per barrel, and it was at that point that the environmental impact became very real from this harmful tar sands fuel. Not only are we not just under $75 per barrel, we have hit as low as below $50 per barrel. So I just want to make sure, as long as we are voting on this language very shortly, that it is clear in the Record of the Senate that the environmental impact statement was hinged on that the ``expected oil prices'' were north of $75 per barrel; that they are now well below that, around $50 per barrel. And, indeed, I would add that the Canadian Research Institute has said the tar sands can't be properly extracted at prices less than $85 per barrel. So that puts in context what we will be voting on that I thought should be in the Record.





