Energy East pipeline not a boon for refineries: Report

[lone wolf]

The "someone" is attributed - preserving anonymity. His employer may not appreciate a lot of incomplete details being cast about.

I'm sure you know the odour - yours being all over these Forums.

I suggest you sell your shares in TCP and go back to your copper mine in Ecuador ... or is it your grain fields ... or is it?....

Internet know-it-alls are never wrong....

 

[petros]

So someone quoting bullsh-t wants to remain anonymous? I wonder why?

 

[lone wolf]

Wakie wakie hands off snakie, your journey through Dreamland has come to it's terminus.

Isn't Calgary Southwest an Albertan seat? Pay attention. No Ontarian can vote there. It WILL be determined by an Alberta vote.

So someone quoting bullsh-t wants to remain anonymous? I wonder why?

Do you see a "quote" Squidly?

Pipelines are the realm of the Feds... No different than highways, rail, airports, etc.

Yup... They are... and where do you think the majority of voters are ... and are faced with a 40% natural gas price increase?

You'd best do some homework and find the real costs of 4100km of new rail because those numbers are waaaaaay out to lunch.

Rail..... Lmfao

Where do you see anything about 4100 km of new rail? The track exists - minus a 150 km gap (the Chalk River Subdivision) It's Called Canadian Pacific. The piece of track involved is Ottawa Valley Railway - the operator of the western portion of CP's Montreal mainline.

Please be informed....

 

[petros]

Isn't Calgary Southwest an Albertan seat? Pay attention. No Ontarian can vote there. It WILL be determined by an Alberta vote.



Do you see a "quote" Squidly?



Yup... They are... and where do you think the majority of voters are ... and are faced with a 40% natural gas price increase?

"Green" is why your imported from the US nat gas is going up. It's not because of the line conversion or because of ONE MP.

Considering that CDN oil production increases and the goal of exports was a Liberal idea, it sure was thoughtful of that one MP to keep the ball rolling huh?

Isn't Calgary Southwest an Albertan seat? Pay attention. No Ontarian can vote there. It WILL be determined by an Alberta vote.



Do you see a "quote" Squidly?



Yup... They are... and where do you think the majority of voters are ... and are faced with a 40% natural gas price increase?



Where do you see anything about 4100 km of new rail? The track exists - minus a 150 km gap (the Chalk River Subdivision) It's Called Canadian Pacific. The piece of track involved is Ottawa Valley Railway - the operator of the western portion of CP's Montreal mainline.

Please be informed....

It's 4100 km from Burstall SK to New Brunswick when the new tanker terminal is to be built as part of the $12B.

 

[lone wolf]

"Green" is why your imported from the US nat gas is going up. It's not because of the line conversion or because of ONE MP.

Considering that CDN oil production increases and the goal of exports was a Liberal idea, it sure was thoughtful of that one MP to keep the ball rolling huh?

Short supplies and high demand is what Enbridge and TCP are excusing the increase on.

 

[petros]

Short supplies and high demand is what Enbridge and TCP are excusing the increase on.

From Enron to enbridge? Confused at all? It was a cold winter here too but my gas isn't going up. Why not?

Do you think it is wise for Canada to be importing 725,000 bbls a day out of the 1.6million bbls consumed daily in Canada?

 

[captain morgan]

Yup... They are... and where do you think the majority of voters are ... and are faced with a 40% natural gas price increase?

That price increase is a function of the value of the commodity.

Enbridge and TCPL charge a transportation rate (regardless of the cost of an MCF). The 40% increase will also be felt here in AB as well, despite the gas maybe coming out of a field a few kilometers away

 

[petros]

2.4% increase for 2014 here in SK.

Where is the other 37.6% coming from?

Rumour mill?

 

[mentalfloss]

From Enron to enbridge? Confused at all? It was a cold winter here too but my gas isn't going up. Why not?

Do you think it is wise for Canada to be importing 725,000 bbls a day out of the 1.6million bbls consumed daily in Canada?

Yes we already know our dependency on oil is a huge problem.

Giving more crack to a crack user doesn't really help in the long term.

 

[captain morgan]

2.4% increase for 2014 here in SK.

Where is the other 37.6% coming from?

Rumour mill?

Depends on your point of reference... A few years back, an MCF was trading at a low of $1.89, recently, that price rose to roughly $6.00/MCF

 

[petros]

Yes we already know our dependency on oil is a huge problem.

Giving more crack to a crack user doesn't really help in the long term.

Then stop smoking foreign crack if you can't handle it.

 

[captain morgan]

Then stop smoking foreign crack if you can't handle it.

He's way past being able to handle it... I suspect that he's been whoring himself around in a vain effort to satiate his hydrocarbon addiction whilst crying that life is unfair that he should have this affliction.

 

[petros]

http://www.infomine.com/ChartsAndData/GraphEngine.ashx?z=f&gf=110558.USD.mmbtu&dr=1

Depends on your point of reference... A few years back, an MCF was trading at a low of $1.89, recently, that price rose to roughly $6.00/MCF

And dropped by $2 to a spot price of $4.47 as of today.

He's way past being able to handle it... I suspect that he's been whoring himself around in a vain effort to satiate his hydrocarbon addiction whilst crying that life is unfair that he should have this affliction.

It's a terrible addiction. Without it he would have died during one of the arctic lows over his 30 odd years but completely overlooks this fact.

 

[lone wolf]

From Enron to enbridge? Confused at all?

Made a correction. Don't care for posting incorrect info - unlike some in here

It was a cold winter here too but my gas isn't going up. Why not?

Do you think it is wise for Canada to be importing 725,000 bbls a day out of the 1.6million bbls consumed daily in Canada?

No. I think we could be self-sufficient. How much do we export?

 

[captain morgan]

http://www.infomine.com/ChartsAndData/GraphEngine.ashx?z=f&gf=110558.USD.mmbtu&dr=1

And dropped by $2 to a spot price of $4.47 as of today.

No doubt. The price will bounce around for a while and drop as the temps get warmer.

All I was driving at earlier is that the price we pay as consumers is more of a function of the commodity price to the producer as opposed to the cost from the suppliers like TCPL

It's a terrible addiction. Without it he would have died during one of the arctic lows over his 30 odd years but completely overlooks this fact.

If I may be so bold... I was not an arctic low, rather, it was a renegade Polar Vortex that sprung outta no where.

Whodda thunk it, eh?... A cold snap in the middle of winter?

 

[petros]

Made a correction. Don't care for posting incorrect info - unlike some in here

No. I think we could be self-sufficient. How much do we export?

2.21Million bbl. We will be self-sufficient when energy east is complete. Until then guys like MF will be burning Venezuelan oil sands from the Orinoco river system which is second only to the Amazon.

No doubt. The price will bounce around for a while and drop as the temps get warmer.

All I was driving at earlier is that the price we pay as consumers is more of a function of the commodity price to the producer as opposed to the cost from the suppliers like TCPL



If I may be so bold... I was not an arctic low, rather, it was a renegade Polar Vortex that sprung outta no where.

Whodda thunk it, eh?... A cold snap in the middle of winter?

Oh right they are global warming driven vortexes instead of good old fashioned arctic lows that have cursed North America since the rockies were formed some 60 million years ago.


Distributors don't pay spot either.

 

[lone wolf]

2.21Million bbl. We will be self-sufficient when energy east is complete. Until then guys like MF will be burning Venezuelan oil sands from the Orinoco river system which is second only to the Amazon.

We'll have the same output with a rail haul too. Energy East is an effort for Trans-Canada to get more mileage out of an old pipe. New construction and much better monitoring, I can live with. Second-hand junk and hoping for the best is take-the-money-and-run business practice.

Whodda thunk it, eh?... A cold snap in the middle of winter?

I suggest you consult with a calender.

 

[petros]

We'll have the same output with a rail haul too. Energy East is an effort for Trans-Canada to get more mileage out of an old pipe. New construction and much better monitoring, I can live with. Second-hand junk and hoping for the best is take-the-money-and-run business practice.

Are you serious? Rail can't compete with pipe in volume or cost and if there were conversion issues, why isn't Keystone or one of the numerous others blown gaskets? Do you really believe an NG leak or rail crash won't ruin your fishing hole? Why aren't you worried about all the U236 cruising through your town by truck and rail?

Whoever induced your crusade certainly isn't doing this for your benefit or they would have given you better or at least complete info to work with.

 

[lone wolf]

Rail is monitored and shipped in known quantity. Pipelines - as evidenced - aren't.

 

[captain morgan]

I suggest you consult with a calender.

Gas contracts are generally bought on the futures markets. The gas you are burning today was probably purchased on contract 3 or 6 months ago.