Originally posted by jimmy
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Originally 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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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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Originally posted by dalek View PostIt’s closer to being a country than Scotland is
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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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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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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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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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.
Here is a sample article reflecting that position and making the case that another poster highlighted - that California would be the likely destination if a pipeline were to be built - because they could tanker it to California cheaper than rail it.
http://www.mining.com/web/why-alberta-oil-will-be-california-bound/ http://http://www.mining.com/web/why-alberta-oil-will-be-california-bound/
Interestingly it concludes that established tar sand production is profitable above $10 a barrel which should maybe give pause for reflection. Is all the talk of oilfield calamity just big oil shooting for some corporate welfare and the convoy members are merely pawns in that game?
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I think the same folks who want to land lock our oil are the same folks who want to shut down our ag industry as we know it too. Anyone who can be anti oil but be in an industry that makes use of the land no matter how much social license they think they have by whatever enviro friendly practices they use are delusional. The crackpots will not stop until we are all out of business and that will not be enough. Oil isn’t go away anytime soon nor is food. Just if we in the developed world keep chasing social licence to appease the wackos the third world will be feeding and powering us.
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I was reading an article about the convoy and an unemployed rig worker from Red Deer and how tuff it was to be without work .Article caught my eye because it raises a question for me. In July one of our employees left us to go work on the rigs. He had never worked on them before.Aside from the usual temporary shut downs had worked fairly steady. and last week run out of work after working 40 days straight. Six days later being tomorrow hes off to Ft Mcmurray to work on another type of rig {wireline i believe}that he never worked on before. Hmmm. Whud up. Shouldnt there be enough unemployed rig workers that it would be tough for an unexperienced person to get a job? Just sayin
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