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Related: About this forumNonviolent Direct Action Shuts Down First US Tar Sands Mine in Utah
http://www.peacefuluprising.org/actioncampaction
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Nonviolent Direct Action Shuts Down First US Tar Sands Mine in Utah (Original Post)
limpyhobbler
Aug 2013
OP
limpyhobbler
(8,244 posts)1. US Oil Sands stock drops 13% day nonviolent direct action shuts down mine
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.
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!
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.
Hopefully this will be the beginning of the end for US tar sands.
Magoo48
(4,708 posts)3. Hell Yes!
another_liberal
(8,821 posts)4. These are some very brave people!
More power to them all, and lots of good luck as well.
Mr_Jefferson_24
(8,559 posts)5. K&R. Thanks for posting. nt.
bettyellen
(47,209 posts)6. Wonderful to see this, thank you!