US Oil Sands goes bankrupt

 

News of the impending implosion of US Oil Sands. Creditors get stiffed as US Oil Sands declares bankruptcy.

http://in.reuters.com/article/brief-us-oil-sands-inc-announces-financi-idINASA09TPS

The 100 million dollar project is a big flop. This fact was actually quite clear for a very long time. Big money players have exploited the land and colluded with the politicians to create a cash cow for some, roller-coaster for others and big loss for the public. Not to mention nothing but a waste site of 99 acres that isn’t even as clean as beach sand as was promised, for the SITLA Trust fund beneficiaries.

When US Oil Sands goes bankrupt it harms the local communities and regular people who do business with them. Bankruptcy allows US oil Sands to be excused from paying most of it’s debts. SITLA has renewed US Oil Sands leases at PR Springs.

US Oil Sands Scam continues investors loose more money

Strip mine at PR Springs Utah is a US Oil Sands scam.

US Oil Sands scam includes exposing the “tar” layer at the mine site.

This is the 6th year of Utah Tar Sands Resistance opposition to the destructive mine plans of the Canadian Corporation, “US Oil Sands” or USOS. US Oil Sands scam is occurring on SITLA  controlled land. USOS has been leasing 50 square miles in the Book Cliffs from the State of Utah for tar sands strip mining since 2005. USOS claims they will produce oil this year, USOS has been claiming this every year, since 2008.

Actually US Oil Sands has yet to produce oil commercially from their project in Utah. US Oil Sands is a scam.

USOS has spent over 100 million dollars building the strip mine and tar processing facility at PR Springs. They have destroyed 100 acres of pristine forest and hold leases to 32,000 acres for tar sands strip mining. In the 4th quarter of 2016 they announced they were out of money and they laid off  most of their employees.

Pr Springs book cliffs utah tar mine

US Oil Sands scam project has cleared 100 acres at PR Springs.

In January US Oil Sands obtained an additional 12 million dollars and is again claiming they will produce oil early in 2017. Our research shows that the Utah department of oil gas and mining (UDOGM) re-assessed the amount of the reclamation surety bond (Likely from our complaints) from approx $376,000.000 to $728,000.00 and they received and extension to pay this bond by February 15th. Which they did pay on Feb 14th according to UDOGM.

CLICK HERE for Utah Depart Oil Gas & Mining Files on the USOS PR SPRING Stripmine

US Oil Sands Lays off most empolyees, closes facility

We support Standing Rock and all resistance to DAPL!

As US Oil Sands lays off workers at PR Springs and “shutters” facility.  Utah Tar Sands Resistance shares the joy with the Earth and inhabitants of Main and PR Canyons of a halt to the incomplete tar sands processing plant and strip mine at PR Springs.

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Tar Sands mining is destructive and wasteful:

US Oil sands has stripped up 95 acres and destroyed Children’s Legacy Camp unnecessarily. US Oil Sands, a Canadian Company has laid off most of its Canadian and American Employees and shuttered the speculative tar sands strip mine. According to a statement USOS released on December 2nd:

“In order to preserve working capital, the Company has temporarily laid off most Canadian and U.S. employees, retaining only those essential to close a financing. Certain U.S. employees may also be retained on a part-time or short-term basis to assist in equipment preservation and lay-up of the facility and to maintain basic U.S. operations.”  

The Calgary Herald reports:

“The Calgary company developing an oil sands mine in Utah says it has delayed the project’s startup and temporarily laid off most of its Canadian and American employees while it secures new financing. US Oil Sands said: “the PR Spring project is mechanically complete but requires additional capital to cover the remaining commissioning and startup costs.”

The history of this project shows that they have been promising to begin producing oil nearly every year since 2008.  The reality shows that they are exploiting the land, the people and the future. US Oil Sands lays off workers over and over again as part of their operation plan.  

The public records at U-DOGM web page shows that US Oil Sands also has numerous items to address in the NOI to commence large mining operations, found here:

The cost of this project is so far from profitable. The public needs to know that the decision makers in Utah are selling them and the school trust lands out. The so called “Green River formation” must be left in the ground, our air, light and water sheds preserved.

US Oil Sands continues to raise money and promises (again) to begin producing oil in 2017. UTSR is building awareness and resistance to stripmines and pipelines everywhere.  

UTSR will be resuming our public protest vigil in Spring 2017.

We will host the 5th annual Intergenerational campout in June.

Please consider giving a year end tax deductible donation to UTSR to support our campaign.

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Shutting down the Uintah Basin Energy Summit: “A message to all of you short-sighted killers”

“Disorderly Conduct” by Sidhe, a message to US Oil Sands and other killers

 

 

On Sept. 4th, Utah Tar Sands Resistance interrupted the 2014 Uintah Basin Energy Summit, a yearly conference where tar sands and oil shale speculators are exalted and anyone “not excited” about the destruction of the Book Cliffs is shut out and silenced.

Land defender Sidhe had planned to share her entire poem with the 700 conference goers, but police–already aware of the conference organizers’ insecurities and impatience–would not cede a moment to their dissenters. Sidhe was booked into the Uintah County Jail on suspicion of “disorderly conduct,” an exceedingly fitting charge police could level against the tar sands speculators destroying the planet who were in the room, but alas, the police work for the capitalists, not the people.

“Disorderly Conduct” by Sidhe

A message to all of you short-sighted killers
What kind of world will you leave behind for your children
When you’ve squeezed every last drop of life from the land
With your greed and your murder you’ve wrought with your plans

I’d like to remind you your money means nothing
When the water’s been blackened and the creatures are starving
You toy with a force you do not understand
Your chemicals won’t wash all that blood off your hands

First Nations fight cancer up in Athabasca
Your oil trains are time bombs impending disaster
Your pipelines will leak and your cesspools will sprawl
And your babies are left with the brunt of it all

What of the animals caught in the tar?
What of the forests left clear cut and scarred?
What of those atrocities I didn’t witness?
Like Serafino in Columbia sending assassins
To murder union organizers who stood up and spoke out
In the back of my mind I can still hear them shout
I am made of this land you are made of the same
The planet is dying and you are to blame

Are you proud of yourselves? Look at what you’ve become
Heartless machines, so frigid and numb
So reluctant to think that you may just be wrong
That you hear the dissent and you send in the guns.