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Dash Riprock

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Posts posted by Dash Riprock

  1. 5 minutes ago, Jimmy McGill said:

    actually people in BC thought it was hilarious. 

     

    But this right here is a perfect example of what I'm talking about. Some people in AB continue with this kind of belligerent attitude, its whats got AB into trouble and its what will keep it isolated unless it changes. 

    What got Alberta in trouble is carbon taxes, unparalleled cost of environmental regulation and not being a part of an effective confederation. Beyond that, Canada is in more trouble than Alberta.

  2. 1 minute ago, Jimmy McGill said:

    and only in AB.

     

    There was and is so much wrong with how AB has acted in to help create this situation, its pretty annoying to see the renewed attacks on the rest of the country and the feds for that matter. No one in Canada tanked oil prices for you.  

     

    AB chose to not invest more in diversifying its economy, it chose a boom and bust economy, it chose to try an adversarial aggressive approach to pipelines which backfired spectacularly, and it chooses not to help itself with even a minimal harmonized PST.  All of thats on AB and no other entity.

     

    Honestly its tiresome to hear the complaining. You guys chose this. 

    Lol...Just a wine embargo is enough to send BC into a tizzy.  What's  needed is a BC Alberta border shutdown. 

  3. 23 minutes ago, gurn said:

    World producers.

    Cutting production

    Oil glut

    No need for pipeline

    Alberta beginning to beg for financial help

    already spent their "heritage Fund"

    The only problem  is BC and Quebec cowtowing to Americans by not allowing Canada to ship it's product, even within it's own borders..What a country!

     

    We can put other world producers out of business. There is no oil glut. Inventories are below average.

  4. 10 hours ago, Jimmy McGill said:

    "unelected activist judges" :picard:  are they still activist if they do things you like?

     

    Trudeau can't control the judiciary, thats kind of the point of separate branches of government. 

     

    He also can't just declare something in the national interest, it has to pass in the House and he didn't have the support from all Liberal MPs to do that, so he did the next thing he could, buy the damn thing. 

    What are you holding your head for. The Judge is unelected. Probably someone's Auntie. 

     

    Trudeau is the people's representative. He is authorized to change laws or take action for the good of the country. The same goes for the MPs. JT chose to pretend to be helpless. It may work, but more likely another wacky decision for the philanthropists will come down before anything gets going.

  5. 1 hour ago, Jimmy McGill said:

    whats the "it"? he should be out there with a shovel? change the constitution single handedly? 

    Not letting unelected activist judges dictate the direction of our country. Options were available. Project in the National interest etc.

     

    I wonder how the fish will feel about the extra ship leaving the north coast every day when lng goes through.  Has it been studied yet? I don't think so. That question may be asked soon. Nonsense.

     

     

  6. 8 hours ago, Jimmy McGill said:

    He's not getting the job done? What about Albertan's responsibility in their own situation? 40 years of oil cash flowing under the PCs and no real diversification of the Alberta economy. And they pissed away their heritage fund. They had a PM from Calgary who bungled the file completely. 

     

    To blame Trudeau for Alberta's situation is incredibly weak and also happens to be BS. It was laughable watching the protestors in Calgary yesterday. Trudeau bought the fricking pipeline to make sure it gets built, but no thats not good enough lets keep whining that is "Trudeaus fault".  Like the man said, Albertans need to look in the mirror. 

    JT is not getting it done. Doesn't mean he wont get it done.

     

    Albertan's foolishly implemented carbon sequestration, taxes, production limits and the highest environmental standards on earth to  specifically cater to the the american philanthropists but, of course, it wasn't enough.  As far as government picking winners and losers in business, that usually doesn't work out so well afaik.

     

    The only reason Alberta has a problem is that they must be the only people in world not allowed to transport their oil across borders. I don't see what they could do about it other than "just die" a la Independence Day. 

  7. 7 hours ago, SabreFan1 said:

    Natural gas and/or nuclear are the 2 cleanest ways to go.  If I were Canada I'd go with natural gas since that would be easiest and require much less approval and Canada has untapped reserves.  Then when electric car and battery technology matures in a couple of decades, Canada will be ready for it.

     

    Southern Ontario, like Western New York already gets much of it's electrical needs through hydroelectric from the plant at Niagara.

    What Horgan should have announced is where electricity for the new electric cars will come from. Maybe that marvel of green energy, Site C, lol.

     

    Are you sure you have enough electricity kicking around in Buffalo to supply tens of millions of new electric cars. I am skeptical.

     

    Meanwhile it seems the Democrat's new play to destroy Canadian oil is playing out.  The new Dem Governor in Michigan is trying to shut down Enbridge Line 5 which carries a half million barrels of crude from Western Canada to Sarnia through Michigan. Meanwhile new pipe is being built uncontested from North Dakota to Sarnia as potential replacement fuel I suspect.

  8. 1 hour ago, SabreFan1 said:

    There's just much better ways to handle what's going on than how it's actually being handled.  It's ridiculous how inefficiently Canada runs it's oil economy.  As the US produces more of it's own oil and the demand begins to fall when electric begins to mature, Canada is going to end up shutting itself out of the market.  It badly needs to diversify into Asia as soon as possible because they've already caught up to the US in electric car technology and the Chinese government has been pushing for it to become the leader.

    Where would the electricity will come from? isn't that the real challenge?

  9. I heard a interview with Burke today and he started talking about the Juolevi draft. Reading between the lines, it sounded like he also would have taken Juolevi over Tkachuk. That surprises me, but what surprises me more is that he is willing to admit it now. He must be one who still thinks OJ will come through.

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  10. 2 minutes ago, Toews said:

    It's in Trudeau's best interest to frame his pipeline purchase in as favourable a light as possible. If you are looking for an unbiased source, you won't find it in Ottawa. 

    I think losing 80 million a day makes him look bad because he is not getting the job done. But, like a previous post mentions, the investment is yielding 4% even without the expansion. I believe he kept Kinder Morgan in limbo then stole the pipeline from them. Great deal for Canadians short term, but right out of the Argentine play book.

  11. 12 hours ago, SabreFan1 said:

    Even though I think you have the author pegged wrong with this article at least, the same people that are advocating for more green jobs probably happily fill up their gas tanks with refined oil.  If not and they drive electric, the carbon footprint of electric vehicles are huge to start with when the batteries for those are being made and depending on what kind of power plant creates their electricity, can also continue to be large.  With current technology, it can take up to a decade for an electric car to have a smaller overall carbon footprint than a vehicle with good gas mileage.  Once battery technology coupled with electric drive technology further advances then electric will be the cleaner option off the bat, but for now a modern combustible engine rules the roost.  So following that logic, Canada should want to move it's oil as fast as possible to be as green as possible while it can because people like Elon Musk are improving the electrical vehicle at a pretty good clip.

    I agree in full, but I do have trouble believing the author doesn't know our oil would be fetching a premium to WTI at this time. 

     

    I see Trudeau buys the 80 million dollar a day loss.  He quoted that today.

  12. 54 minutes ago, SabreFan1 said:

    It's a Canadian author.  No bias in the article.

     

    His point is that Alberta has a glut of oil because it can't move it out fast enough to satisfy the market.  When that happens, you have to undercut everyone else heavily so you don't end up slowing down or shutting off production which would cost jobs and really play havoc on the local economies as well as the national.

    The article is more likely to be biased because the author is Canadian. A large segment of our society think we should leave oil production to other countries so green jobs can magically appear here, and we can receive loving pats on the head from the Rockefeller foundation. 

     

    But the main point you refer to here is pretty much correct, afaik.

  13. 47 minutes ago, SabreFan1 said:

    Some tidbits of info here but the author is likely anti Canadian oil. For instance, he conveniently forgets Western Canada Select oil is the same as Mexican Mayan which currently is priced higher than WTI. Jed Clampett would be thrilled if it bubbled up, as long as it was in Mexico or Venezuela instead of Canada.

  14. 8 hours ago, Alflives said:

    Alberta's economy has been directly connected to Oil since the big Leduc strike.  Now, with interest in the tar sands diminishing, their economy is (again) on the skids.  House prices there will drop by big numbers.  I wonder if one of their hockey teams relocates?

    Yup. House prices dropping but not off a cliff just yet.

     

    8 hours ago, MikeyBoy44 said:

    Interest in the tar sands has not diminished. Infact it is the total opposite. They building more projects up there.

     

    Edit: Also why does it seem like anyone not in Alberta thinks it is only the tar sands that exist out here? 

    I think whatever is going on now has been in the works so they continue on to completion, but it's pretty much only Canadian companies left. I guess Imperial did just announced they are going through with a new expansion at one of their projects. Surprising. They must believe help will arrive.  

  15. 11 minutes ago, MikeyBoy44 said:

    That's pretty much what's happening out here right now. Any American based oil companies are heading back south. Pace has slowed down to a small crawl. I mean sure I am slightly biased due to it directly affecting my life, but at the same time (while noting your last line was a tongue in cheek line) how anyone in Canada can consider this a win is mind blowing. Anytime an industry as big as this is the entire country will feel it. If people aren't making money how are we supposed to spend it?

    Yesterday a Canadian financial institution stated Canada is transferring $89 million a day to the US due to lack of pipeline capacity.

  16. On 11/18/2018 at 5:31 PM, Nuxfanabroad said:

    Would like to preface this thread with apologies to any/all who might take offense. I have no outright agenda vs any particular special-interest group. Basically consider myself apolitical(will get into this later).

     

    At 50, guess I'm smack-dab, firmly ensconced, within good ol' middle age. I have no problems with this..kept myself healthy(long distance sports, for hobby). I woudn't want to be under 30 today, with the world as I see it unraveling. I'm curious if any of you gen-X(of that vintage) posters hold similar views? Would also appreciate insights/thoughts from people older & younger.

     

    Tired of so many things I observe. Cause/effect..where does it begin & end? Little, niggling matters that burn your bacon..or outright, egregious, blatant corruption, which downright p*sses you off!!! Have at 'er folks...

     

    (PMO) P*sses Me OFF!

     

    (FJ) Just Feel Jaded.     are perhaps, good sub-categories? Perhaps you might include...

     

    (PS) Possible solutions?

     

    Aah, there are so many I'm not sure where to begin? Want to post this thread now(gotta head out)..guess I'll give one example to start out:

     

    FJ: People who are purposefully rude to others on this site. Why insult others when you're typing at a pc? Would you be so bold if in person? If so, you might be an even more inveterate *$$hole! So tired of the bullying sort. This life can be a tough slog, & I thought we were supposed to help one another along?

    PS: Exchange with others as you might with a stranger at the donut shop(big, island table). Or a person you see there occasionally. It's not so tough, eh?

    This is why man invented religion. Look into it.

     

    I'm not a religious person, but I have to admit over the years when the sh@t has hit the fan, I have weakly turned to my childhood god for comfort, and it worked!  Then I put him back in his box for a decade or two until the next tragedy strikes.

     

     

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  17. On 11/18/2018 at 5:19 PM, MikeyBoy44 said:

    Invest what money? At this point there is none to invest with. If only there was a way Canada could capitalize on the oil prices while at the same time investing profits into greener variants... if only there was a way...

    This morning a major player in the oil sands suddenly shut down all it's drilling and sent everyone home. Half drilled holes all over the place.  Can't absorb $15 a barrel oil.  The good news for the workers is they will be moving to the US where oil has a means of accessing markets.  A huge victory for American philanthropists and our First Nations community.

     

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  18. On 11/13/2018 at 5:38 PM, MikeyBoy44 said:

    While perhaps more opinion still this story also kinda confirms what alot of us have been saying. 

     

    https://globalnews.ca/news/4657720/b-c-researcher-argues-anti-alberta-oil-campaigns-about-protecting-u-s-interests-not-environment/amp/

     

     

     

     

    Those American philanthropists know how to get the job done. Our oil now goes for $13 a barrel.  Mexico gets over $60 for the same stuff.

  19. Exciting option to Trans Mountain!

     


    Fraser Interim Detour Option: Brings WCS Discount Near Zero

     

    The Fraser Interim Detour Option (FIDO) involves terminating the existing pipeline right at the Continental Divide Alberta/BC border near Valemount, the headwaters of the Fraser River, and shooting the oil through high pressure monitors directly over the mountain into the drainage, where it slowly oozes down and flows to tidewater. Without the restrictive, uncooperative, regulatory gridlocked BC pipe portion ahead of it, the present Trans Mountain Pipeline on the Alberta side could quadruple it's capacity by being able to run at over design pressure, along with some simple modifications.

    After the oil winds it's way down the 1375km long Fraser River, it would be caught and recovered by a series of large surface log boom arrays and vacuum barges positioned at strategic points throughout the delta.  It gets separated and pumped into VLCC ships quietly at anchor safely away from the Southern Resident Killer Whale sensitive areas in the Straight of Georgia.

    Billions and billions of newly recovered revenue would be rolling in from all the previously stranded Alberta oil which would be sold at world market prices without any WCS discount. A portion of the cash windfall could be put into a trust account to pay for clean up costs, import some lost fish for the locals, and even include a few jars of new salmon eggs to plant if the TMX expansion ever gets approved and construction starts.

    Some oil volume losses would be expected due to BC's summer forest fires creating a few isolated river oil infernos (making Hell's Canyon a must see tourist attraction on everyone's bucket list), and there would also be some losses of oil due to the absorbtion by billions of bird feathers. Suprisingly, up to 75% of the oil could be wasted due to environmental and other factors before approaching the break even point, as present economic losses now incurred with the current WCS discount are so brutally devastating.

    The Alberta energy pricing situation has actually become so dire and critical, that the Fraser Interim Detour Option (FIDO) is increasingly a viable option to save our country and industry from the current Liberal path of economic ruin, and at the same time provide new funding to those whining for new Eco friendly whale rescue centres with solar powered boats made of floating hemp bundles. 


     

  20. On 10/5/2018 at 1:39 AM, spook007 said:

    Who knows...

    The statue in front of Rogers Arena may be one of the reasons... As could Burrows calling out Auger...

    And to be fair Canucks doesn't seem to be a particularly liked franchise around the league...

    Why, I don't know, but the local $&!# press rarely ever writes anything good about the Canucks, so that won't have help.

    But lets see how bad it gets. I don't think it'll get as bad as it did back in 2014.... If it does, I hope F.A. will take it up with the league.

     

    Would be good to hear the fans that have followed Canucks for 30-40 years, if it was always an issue?

     

     

    It's because we show up win or lose.  Most cities need winners. Not a mystery why Canadian teams don't win the cup. Attendance management.

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