Mulcair supports East / West pipeline


Durry
#1
The reason Mulcair supports the east west oil pipeline is because if his party forms the Government he will then be able to force a made in Canada Oil price policy.

This will be particularity critical if the Northern Gateway Pipeline does not get built or the XL line.
With the east west pipeline in place, production of the Oil Sands will be ramped up to meet demand.
If the NDP form Government, they will be able to control the price of oil flowing east, thereby satisfying their eastern voting base.
With ramped up oil production, and no options to sell their oil elsewhere, the oil companies will be forced to produce oil for the easterners at a discounted rate.
 
djwood
#2
Yes indeed let them them build an west to east pipe line as it would make a more accessible target for radical environmentalist to practice Monkey Wrench technology here at home. And than there is the issue of crossing First Nations Territories and into Quebec where Harper is so dearly loved.
 
taxslave
+2
#3
I believe that mulcair's blessing would be the kiss of death to that proposal.
 
darkbeaver
#4
The East already has millions of agents working in the gas and oil industry in very sensitive positions just a few more months and it will be ours anyway. Cooperate and you won't get hurt.
 
CDNBear
+1
#5
Hey, I'm with Tommy Boy on this one. It's one of the very few smart things he's suggested.
 
Machjo
#6
Quote: Originally Posted by CDNBear View Post

Hey, I'm with Tommy Boy on this one. It's one of the very few smart things he's suggested.

Reason?

I don't know where I stand between east-west or North-South. However, what I can say is that neither is eny more environmentally friendly than the other, so his rationale cannot be environmental unless he knows something I don't.

My guess is, it's nationalism plain and simple, and that's not a very rational argument either, seeing that then it's pure emotionalism.

Now I'm curious, if it's not environmental, is it naitonalism or something else?
 
CDNBear
+4
#7  Top Rated Post
Eastern refineries are buying oil at $10 to $14 more per barrel than they would if they were buying from the west.
 
DaSleeper
+1
#8
And Trans Canada already has the right-of-way all the way to Montreal.......
 
CDNBear
#9
Quote: Originally Posted by DaSleeper View Post

And Trans Canada already has the right-of-way all the way to Montreal.......

Last I heard Suncor and Enbridge are or will be filing applications to reverse the flow of some of their lines.
 
Durry
#10
Quote: Originally Posted by CDNBear View Post

Eastern refineries are buying oil at $10 to $14 more per barrel than they would if they were buying from the west.

No, once you start buying from the west, you will have to pay the same as your paying now!! No discounts for easterners I'm afraid!!
 
SLM
+2
#11
Quote: Originally Posted by Durry View Post

No, once you start buying from the west, you will have to pay the same as your paying now!! No discounts for easterners I'm afraid!!

That's fine. We'll just take the difference in transfer payments. Prepare to work some overtime.
 
Durry
#12
Quote: Originally Posted by SLM View Post

That's fine. We'll just take the difference in transfer payments. Prepare to work some overtime.

Well we might just cut you of Transfer Payments. Then what you gonna do? You just might wind up freezing in the dark..eh!!

I'm referring to Equalization Payments!!
 
petros
#13
Why freezinjg in the dark?
 
WLDB
+1
#14
Quote: Originally Posted by Durry View Post

Well we might just cut you of Transfer Payments. Then what you gonna do? You just might wind up freezing in the dark..eh!!


Unless you wind up either Premier or PM I doubt that'll happen. If worst comes to worse we have both hydro and a forrest the size of Europe to keep us warm.

Quote: Originally Posted by CDNBear View Post

Hey, I'm with Tommy Boy on this one. It's one of the very few smart things he's suggested.


I could have my history wrong here but wasnt forcing the west to ship/sell their stuff to the east the thing which pissed everyone off about NEP?
 
petros
+1
#15
We sort of have an NEP. Canadians (Govt) own huge chucks of several oil companies just not as "crowns" that make them nationalized.
 
captain morgan
#16
Quote: Originally Posted by WLDB View Post

Unless you wind up either Premier or PM I doubt that'll happen. If worst comes to worse we have both hydro and a forrest the size of Europe to keep us warm.

I could have my history wrong here but wasnt forcing the west to ship/sell their stuff to the east the thing which pissed everyone off about NEP?

From what I understand, the Equalization agreement is up for renegotiation in the next few years..... Careful what you wish for

Quote: Originally Posted by petros View Post

We sort of have an NEP. Canadians (Govt) own huge chucks of several oil companies just not as "crowns" that make them nationalized.


Difference is: The Crown had to put up their money for it this time
 
damngrumpy
+2
#17
First of all I hope they stop the XL pipeline and the one destined to cross BC
known as Enbridge. No I am not some old hippy but I am an economic
nationalist who believe's we should first service our own markets for resources
and secondly we should sell any excess as finished product only no crude.
East West sounds good to me.
As a modern state in the twenty first century we should indeed have a National
Energy Policy. In the future it would be a strength not a weakness. Looking
after Canadians needs first should be top of the list.
 
SLM
#18
Quote: Originally Posted by petros View Post

Why freezinjg in the dark?

Because freezing with the lights on is just too good for us!
 
taxslave
+2
#19
Quote: Originally Posted by CDNBear View Post

Hey, I'm with Tommy Boy on this one. It's one of the very few smart things he's suggested.

I too am all in favor or a pipe running east. Pipelines running all directions to ensure market. However I question Mulcair's motive. Most of us in the west are suspicious of any move by easterners to gain access to resources for their own benifit. We remember the NEP quite well.

Quote: Originally Posted by damngrumpy View Post

First of all I hope they stop the XL pipeline and the one destined to cross BC
known as Enbridge. No I am not some old hippy but I am an economic
nationalist who believe's we should first service our own markets for resources
and secondly we should sell any excess as finished product only no crude.
East West sounds good to me.
As a modern state in the twenty first century we should indeed have a National
Energy Policy. In the future it would be a strength not a weakness. Looking
after Canadians needs first should be top of the list.

Alberta alone can produce more ooil than eastern Canada can consume therefore NG is vital to national interests. All the western provinces produce oil and gas as well as coal. By your logiic we should close down Roberts Bank coal port and all the jobs that go with it so the east can have our coal.
 
WindWalker
+2
#20
"We remember the NEP quite well."

As a former Albertan I will never forget it, that is a fact. Cost me my business, almost cost me my marriage and there is approximately 325,000 dollars owed to me that I'll never see again. Then it cost me 10 years of my life trying to dig my way out from under all that.

No, I will never forget the NEP nor the government that brought it into being. NEVER!
 
petros
#21
Quote: Originally Posted by taxslave View Post

I too am all in favor or a pipe running east. Pipelines running all directions to ensure market. However I question Mulcair's motive. Most of us in the west are suspicious of any move by easterners to gain access to resources for their own benifit. We remember the NEP quite well.

If Mulcair wants it, he'll push for special discounted rates for PQ. This will piss off US pipeline customers who'll up there orders ensuring it never makes it to PQ.
 
Durry
+1
#22
Quote: Originally Posted by WindWalker View Post

"We remember the NEP quite well."

As a former Albertan I will never forget it, that is a fact. Cost me my business, almost cost me my marriage and there is approximately 325,000 dollars owed to me that I'll never see again. Then it cost me 10 years of my life trying to dig my way out from under all that.

No, I will never forget the NEP nor the government that brought it into being. NEVER!

The easterners will try to do whatever they can to get western oil money to go east. They will try to do this by imposing a carbon tax or by trying to regulate the price of oil easterners pay for western oil.
We in the west should never allow ourselves to be put in a position where the easterners can dictate our options in marketing our oil. That's why it's so important to now get the Northern Gateway pipeline built and the XL Keystone line built. Then if the easterners start to push us around as far as price goes, we will always have options as to where we can sell our oil.
 
petros
#23
When you sell a (crown) company (Petro Can) to other depts of your company (Govt), you still own it.
 
Durry
#24
Quote: Originally Posted by petros View Post

When you sell a (crown) company (Petro Can) to other depts of your company (Govt), you still own it.

Yep, the people of Canada (Gov) owned Petro Canada. The Gov then sold it again to Canadians by selling Canadians Petro Canada shares.
Then it couldn't make sh^t so it got sold to a public company at a greatly reduced price.
Leave it to the Libs to screw things up royally !!
 
petros
#25
We own a big chunk of Suncor now through several funds.
 
Durry
#26
Quote: Originally Posted by petros View Post

We own a big chunk of Suncor now through several funds.

No, the Gov does not own any part of Suncor..
You can own Suncor as a private citizen thru stocks or mutual funds.
 
petros
+1
#27
Quote: Originally Posted by Durry View Post

No, the Gov does not own any part of Suncor.

How much are you willing to wager?

Of course anyone, even several Govt funds AND Crowns can invest in any public company.
 
Durry
#28
I don't think you know what your talking about Petros!!
 
lone wolf
+2
#29
Quote: Originally Posted by Durry View Post

The reason Mulcair supports the east west oil pipeline is because if his party forms the Government he will then be able to force a made in Canada Oil price policy.

I'm not sure what is worse: Canadian jobs for Canadian people, or hearing people like you gripe over "having to support" all the unemployed Canadians with YOUR tax dollars.
 
petros
+3
#30
Quote: Originally Posted by Durry View Post

I don't think you know what your talking about Petros!!

SUNCOR ENERGY INC NEW COM Common Stock 867224107 $ 25,097,000 763,961 Sole N/A 763,961


Just 736,961 share worth $25Million in the CPP fund but we don't own any?