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It is a large area that’s for sure and where it’s populated it seems like one city just goes intoOriginally posted by dalek View PostIt’s closer to being a country than Scotland is
The other what isn’t marked as city on a map is quite heavily populated.
Drive through the burned out area for miles and miles the amount of homes and businesses destroyed is unreal.
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China and India and SE asia want it and they want it lower quality so its cheaper and they want it unrefined so they can upgrade it with their cheap labour.Originally posted by the big wheel View PostHahahaha exactly we have in inferior product more costly to process compared to other supplies coming in line from everywhere so that’s why there is barely any demand it has to be given away.
You guy are really something. Total neophytes in the way resources are used on this planet.
https://www.bloomberg.com/news/articles/2019-02-01/the-great-oil-paradox-too-many-good-crudes-not-enough-bad-ones Great Oil Paradox
And now that there is a chance to capitalize on this market here we sit navel gazing socialists with our hands in our pockets.Last edited by jazz; Feb 18, 2019, 16:50.
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Not good at history either eh?Originally posted by dalek View PostIt’s closer to being a country than Scotland is
That doesn't sound like a winning strategy for Canada even if it were true. Are you in favour of selling our resources for $10 a barrel to benefit the Chinese and others.Originally posted by jazz View PostChina and India and SE asia want it and they want it lower quality so its cheaper and they want it unrefined so they can upgrade it with their cheap labour.
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But jazz they want it because it’s cheap right? If it ain’t cheap it ain’t good to process so? What’s going to happen if it’s price goes up? They ll want more or less? What a missing from this simple calculation?Originally posted by jazz View PostChina and India and SE asia want it and they want it lower quality so its cheaper and they want it unrefined so they can upgrade it with their cheap labour.
You guy are really something. Total neophytes in the way resources are used on this planet.
https://www.bloomberg.com/news/articles/2019-02-01/the-great-oil-paradox-too-many-good-crudes-not-enough-bad-ones Great Oil Paradox
And now that there is a chance to capitalize on this market here we sit navel gazing socialists with our hands in our pockets.
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Its $10 a bbl going into the super saturated US market. Sure wouldnt be that going into a country that doesn't have its own oil production. Maybe if the US started to see few hundred thousand bbls a day swinging off the coast instead of the Midwest, that price would moderate as well. Once its offshore your price options open up considerable and that product becomes more valuable. This marketing 1010 stuff. This is no different than having different places to sell your grain.Originally posted by grassfarmer View PostThat doesn't sound like a winning strategy for Canada even if it were true. Are you in favour of selling our resources for $10 a barrel to benefit the Chinese and others.
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When we out more grain on the market price doesn’t go up?Originally posted by jazz View PostIts $10 a bbl going into the super saturated US market. Sure wouldnt be that going into a country that doesn't have its own oil production. Maybe if the US started to see few hundred thousand bbls a day swinging off the coast instead of the Midwest, that price would moderate as well. Once its offshore your price options open up considerable and that product becomes more valuable. This marketing 1010 stuff. This is no different than having different places to sell your grain.
Everybody else is producing and finding more oil
I m not against it, i m against it without a plan of what’s going to happen and making sure we actually get s benefit and not a doubling of our pst and cut to agriculture to pay for it like last time that’s all.
Go for it but don’t be headless and expect it to be all good.
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