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Nonviolent Direct Action Shuts Down First US Tar Sands Mine in Utah (Original Post) limpyhobbler Aug 2013 OP
US Oil Sands stock drops 13% day nonviolent direct action shuts down mine limpyhobbler Aug 2013 #1
Inspirational! KansDem Aug 2013 #2
Yes, these folks took a real risk doing this. limpyhobbler Aug 2013 #7
Hell Yes! Magoo48 Aug 2013 #3
These are some very brave people! another_liberal Aug 2013 #4
K&R. Thanks for posting. nt. Mr_Jefferson_24 Aug 2013 #5
Wonderful to see this, thank you! bettyellen Aug 2013 #6

limpyhobbler

(8,244 posts)
1. US Oil Sands stock drops 13% day nonviolent direct action shuts down mine
Mon Aug 5, 2013, 04:51 PM
Aug 2013
SALT LAKE CITY, Utah) - Investors took notice Monday of the potential for severe financial losses caused by an ongoing direct action campaign to stop tar sands development on the Coloardo Plateau.

US Oil Sands stock price on the Toronto Stock Exchange closed July 26 at $0.115. As people rolled-out onto the mine site in the Book Cliffs of Utah to enforce a full-day work stoppage, US Oil Sands stock price had dropped to $0.10 (source: Toronto Stock Exchange), down 50% from the company's 52-week high.

"Investors have taken notice that these tar sands and oil shale projects in Utah will be made impossible," says Peaceful Uprising's Melanie Martin. "The fools-gold nature of these resources, the dangerous potential to poison air and water as well as the people's drive to prevent their progress all add up to an investment blackhole."

People overtook US Oil Sands operation and peacefully insisted that workers turn off the machines. After shutting down operations at the tar sands test pit, they moved on to shutting down operations at the Seep Ridge Road expansion project, a project intended to spur mining and fracking operations in the region.

Read more: KCSG Television - US Oil Sands stock drops 13 day nonviolent direct action shuts down mine

KansDem

(28,498 posts)
2. Inspirational!
Mon Aug 5, 2013, 05:59 PM
Aug 2013

Those folks put their lives on the line.

I hope Congress and the President are watching...

limpyhobbler

(8,244 posts)
7. Yes, these folks took a real risk doing this.
Mon Aug 5, 2013, 09:50 PM
Aug 2013

Hopefully this will be the beginning of the end for US tar sands.

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