US Oil Sands announces they are near bankruptcy!

 

News of the impending implosion of US Oil Sands.

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.

This company deserves to go under and every one will benefit from the end of this fraud. Now we must address SITLA and the state powers who are continuing to pursue tar sands.

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