this is good news, but we are a long way from roaring, even if we got Conservative wins in both elections.This quote is hidden because you are ignoring this member. Show Quote
this is good news, but we are a long way from roaring, even if we got Conservative wins in both elections.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
What good is a pipeline to US when a civil war is sure to come soon with all the US institutions being taken down one by one by POTUS.This quote is hidden because you are ignoring this member. Show Quote
Pipelines are good but we are still going to be on a rough ride with US out producing us and how much of the Keystone XL capacity is actually going to be taken up by US oil from Dakotas?
Last edited by Xtrema; 03-30-2019 at 08:14 AM.
Civil war lol.
What are the democrats going to do? Autistically screech at all the armed republicans?
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
You are partly correct about pipeline capacity. Even with line three, KXL, it's mostly going to be taken up with existing production from already operating projects. Even adding in TMX isn't going to create a lot of "surplus" capacity that we'll need to fire up hundreds of rigs to fill.
The main result of the additional pipeline space will be lowered differentials, which means more cash at the wellhead for the producers, so thier financial health should be improved. That's good, but we will still be playing second fiddle to every other jurisdiction in the world in terms of investment attractiveness.
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https://biv.com/article/2019/04/snc-...n-project-feds
can anyone else confirm?
You serious?This quote is hidden because you are ignoring this member. Show Quote
Confirmed, April 1, 2019 deal..........This quote is hidden because you are ignoring this member. Show Quote
GADDAMMIT. i knew i chose the wrong thread hahaha
lolThis quote is hidden because you are ignoring this member. Show Quote
That's said, nothing will fast track it quicker other than having Quebec government has a stake in it.
What good is a pipeline to China, when they can get mad when we support the US, and just stop buying from us at a whim, like, uhm, Canola. We are better off selling to the US. Assholes.
GT1R. 8.82@169
Mission
Side note, gas in Toronto is cheaper than Alberta
Sig nuked by mod.
US production has exploded - in part because of all the investment they were able to obtain in place of Canada's energy sector. They don't really need our oil anymore. Canada has completely f*cked its economic opportunities from energy resource and we'll neve be able to obtain what we could have ith a competent government and electorate.This quote is hidden because you are ignoring this member. Show Quote
I suspect our economy and currency will suffer relative to most of OECD countries until we can start selling sweet water.
It has been for almost a year now.This quote is hidden because you are ignoring this member. Show Quote
Oil now around $62 USD/bbl (~$83 CAD) Forward curve still backwardated though.
We are better off having a diversified customer base so we always have an outlet for our product, and some leverage for price negotiation.This quote is hidden because you are ignoring this member. Show Quote
Toma freaked out about us selling oil to the US, but now he only wants them as the sole buyer?
As of yesterday WCS was selling for over $53 USD.This quote is hidden because you are ignoring this member. Show Quote
Double meat is back baaaaaaabeeeeeeee
"The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."
-H.P. Lovecraft
Yea, but now the oil companies are shipping constrained regardless of if there is room.This quote is hidden because you are ignoring this member. Show Quote
And its really hard to run plants at partial capacity, shits meant to be run 80-100% all the time.
We are well within your tremendously accurate range. 3.66 million bpd including a current cut of 225,000 bpd.This quote is hidden because you are ignoring this member. Show Quote
Let me math is out for you. 3.66/(3.66+0.225)x100=94%
Our total production is near all time highs, and January over January last year was up 2.5%. If you plot historical Alberta production, you will notice a nearly exponential growth curve.
GT1R. 8.82@169
Mission
Sigh. Oilsands mining plants took the brunt of the cuts you poor, liberal minded individual.This quote is hidden because you are ignoring this member. Show Quote
I understand that the concept of profit can be difficult for you socialists, but up to a certain point, the revenue brought in covers the cost of the business. It is the last barrels that earn the profit. Cut those, the business loses money.
Need a popup book to explain that in a more simplistic manner?