A note to Western Canada: The rest of the country understands tough economic times

[grassfarmer]

Stop playing with words. You know as well as anyone that production is useless without market access.

You're the one playing with words as a deflection from answering the question. AB is hurting because oil demand and prices slumped globally. AB has market access, the same access they had through the last oil boom when they were printing and spending money like there was no tomorrow. What they are wanting now is increased capacity to ship more product to the world market that is still suffering reduced demand and prices. They want to sell more for less, and make it up on volume which is not a smart strategy at the best of times.

[Guest]

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q

You're the one playing with words as a deflection from answering the question. AB is hurting because oil demand and prices slumped globally. AB has market access, the same access they had through the last oil boom when they were printing and spending money like there was no tomorrow. What they are wanting now is increased capacity to ship more product to the world market that is still suffering reduced demand and prices. They want to sell more for less, and make it up on volume which is not a smart strategy at the best of times.

ummm, why has texas been in a massive boom

[Guest]

having trouble with the hotlink again, hope it works, lol

[TASFarms]

You're the one playing with words as a deflection from answering the question. AB is hurting because oil demand and prices slumped globally. AB has market access, the same access they had through the last oil boom when they were printing and spending money like there was no tomorrow. What they are wanting now is increased capacity to ship more product to the world market that is still suffering reduced demand and prices. They want to sell more for less, and make it up on volume which is not a smart strategy at the best of times.

And that is the biggest problem. They still have the same access. 3 pipelines should have been brought on since the last boom. Pipelines are maxed out. It’s a good thing the light wells here drop off in production after first couple months or else there would be no drilling here

[dmlfarmer]

Stop playing with words. You know as well as anyone that production is useless without market access.

I am not playing with words. AB5 wrote and I quote: "Yet government policies are purposefully, possibly even spitefully, blocking any attempts to produce it here."

I am simply asking him what specific policies he is talking about. I will ask you the same question. Name the actual government POLICIES that are preventing production of oil and gas in western Canada. And given your statement I will add on what government policies are preventing market access? Should be a simply question for you to answer.

[dmlfarmer]

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&ved=2ahU KEwjtwd2p7t3lAhXsY98KHWS-B6UQFjAJegQIAxAB&url=https%3A%2F%2Ftime.com%2F5492 648%2Fpermian-oil-boom-west-texas%2F&usg=AOvVaw1Yflir-F9EH_r-j4G3tC5Q

ummm, why has texas been in a massive boom

Could it be that the cost of production is less in Texas
Could it be that that WTI crude requires less refining thus lower refining costs
Could it be that the Texas oilfields are next door to the largest refinery capacity in NA and thousands of miles of pipe are not needed to transport crude to the refinery
Could it be that Texas is next to the sea and both crude and refined products can be loaded into tankers for delivery anywhere in the world.
Could it be that the margins oil producers are making are much larger than those earned in Canada reflecting the higher costs of production, transport, and refining, therefore there is more more for reinvestment in Texas than Alberta
Could it be that The US market is at minimum 10 times larger than the Canadian market based on population alone therefore there is a demand difference favoring Texas
Could it be as simple as supply and demand in a capitalistic industry and commodity

Naw, you are probably right, none of these reasons make sense, it is all Trudeau.

[helmsdale]

****, I love agriville!!!!!

****, I love the commodity marketing forum!!!!!

[flea beetle]

Could it be that the cost of production is less in Texas
Could it be that that WTI crude requires less refining thus lower refining costs
Could it be that the Texas oilfields are next door to the largest refinery capacity in NA and thousands of miles of pipe are not needed to transport crude to the refinery
Could it be that Texas is next to the sea and both crude and refined products can be loaded into tankers for delivery anywhere in the world.
Could it be that the margins oil producers are making are much larger than those earned in Canada reflecting the higher costs of production, transport, and refining, therefore there is more more for reinvestment in Texas than Alberta
Could it be that The US market is at minimum 10 times larger than the Canadian market based on population alone therefore there is a demand difference favoring Texas
Could it be as simple as supply and demand in a capitalistic industry and commodity

Naw, you are probably right, none of these reasons make sense, it is all Trudeau.

Last I checked, Canada was next to a big body of water as well? Just a regulatory/environmentalist shite storm to wade through to get there.

[dmlfarmer]

Last I checked, Canada was next to a big body of water as well? Just a regulatory/environmentalist shite storm to wade through to get there.

not to mention that Fort McMurray is double the distance and 3 more mountain ranges from the nearest tidewater than midland tx is. Plus the fact that tx already has the refineries and the tanker loading infrastructure for loading the largest tankers in the world and we have neither on our west coast.

[flea beetle]

not to mention that Fort McMurray is double the distance and 3 more mountain ranges from the nearest tidewater than midland tx is. Plus the fact that tx already has the refineries and the tanker loading infrastructure for loading the largest tankers in the world and we have neither on our west coast.

And yet the businesses that produce the oil and gas are still willing to build the pipeline to get it to the coast, but get shut down by regulatory and special interest groups. And then, I bet if there was a steady supply of oil and gas at the west coast, a refinery would follow. Imagine that...foresight! Would be nice if the leaders in our country would grab some. Scary to think that they can not see this. Imagine the jobs this would produce? Imagine the value this would add to the oil and gas products?