Financial Post: Alberta to bleed 31,800 jobs by end of year in oil price carnage
- Thread starter mentalfloss
- Start date
They still made a lot of money doing whatever it was that they did.
You two might want to work in different studios as a way to move things along as fast as possible.
Off topic but the animation deserves to be seen as intended just once. Not as nice as that gibbled guy with the typewriter bit impressive just the same.
You two might want to work in different studios as a way to move things along as fast as possible.
Did you just sprain an ankle?
Off topic but the animation deserves to be seen as intended just once. Not as nice as that gibbled guy with the typewriter bit impressive just the same.
I think you are supposed to do something else with the frying pan than cook me a meal. The T-Fal ones dent too easy, cast iron = pleasant dreams.
www.youtube.com/watch?v=010aaw1Ajo0&list=PLgyv09okLIPAOudIr0NNSaaU8YVqyMrqk
www.youtube.com/watch?v=010aaw1Ajo0&list=PLgyv09okLIPAOudIr0NNSaaU8YVqyMrqk
3 peas in a pod. Let's not forget Loc getting caught posting the false story of the Muslims and the pig races.
That ignore function is bullshyte for people who don't have the willpower to ignore on their own, since at any time they can click on read post and sneak a peek..................... and they probably do!
I should contribute stupidity like you and flossie? Ok.
I do not do well with grade school ways of brainwashing.
Oh dear, the farmer labourer from Regina thinks I'm a loser. Will I ever get over it?
One gets caught manipulating a c/p to his benefit and the other inventing a trip to machu picchu to reinforce a point in a debate, and when they get caught at it...instead of manning up and admitting, like they were given a chance to....they both use the same tactics of Bob and weave and deflect to outright lying about it afterwards lying.
It's completely understandable that they are friends..
an old Quebec proverb: Qui se ressemble s'assemble.
Its that Dutch disease.
Talk about derailing threads. Here comes waldo spreading fertilizer throughout the land.
As in warding it off at any time, . . . ever?
Do you think a 4ft NG line will be big enough for the crematorium at that 'extreme' water-park? (considering this is the first domino)
bumpety bump!
both the 'capitan'... and the BooMan... went all quite - imagine that!
Everything is good. Everything is fine. Nothing is wrong. Pass me dat wine.
Alberta energy drillers pivot to natural gas because of oil plunge
OIL-DRILLING-1
Alberta’s energy producers are pivoting toward developing gas reserves rather than oil after crude lost half its value last year.
The number of gas development rigs in Canada’s biggest energy producing province almost doubled in December to 157, the most for that month since at least 2010, the Alberta Energy Regulator said in data posted on its website late Wednesday. The number of crude development rigs fell by 4.3 percent to 134.
Alberta’s gas prices dropped 35 percent last year while oil fell 46 percent. U.S. crude prices have plunged below $50 from last year’s high above $107 after the Organization of Petroleum Exporting Countries resisted calls to cut output amid a surge of U.S. crude production.
While most conventional petroleum rigs in Alberta produce both gas and oil, the collapse of crude prices is prompting drillers to focus on wells with higher gas volumes, Mark Oberstoetter, lead Canada upstream analyst at Wood Mackenzie Ltd., said in a phone interview from Calgary.
“Some of those wells that have higher gas rates, they might have become more economic than their liquid-heavy counterparts,” he said. “You can now alter where you are going to pop your wells.”
Alberta’s gas prices collapsed in 2008 and have mostly traded between $2 and $4 per million British thermal units since then as surging U.S. production cut exports south and large- scale projects to liquefy and export gas from British Columbia were delayed. Still, exports to the U.S. West Coast are higher than a year ago and companies led by AltaGas Ltd. are moving forward with smaller LNG projects, with the first scheduled to start in 2018.
ALBERTA HUB
Gas at Alberta’s AECO hub rose 1 cent to $2.36 per million British thermal units at 11:56 a.m. mountain time, according to data compiled by Bloomberg. The price has fallen 4.1 percent this year. U.S. crude futures fell $2.82 to $48.17 a barrel.
Most Albertan oil is extracted as bitumen from the province’s northern oil sands, either through mining or by injecting steam into the ground and then pumping it out of the earth.
While conventional oil rigs declined, bitumen development rigs rose an annual 29 percent in December to 142, the energy regulator said. This compares with a 14 percent decline a year earlier.
Oil sands producers invest billions of dollars in operations that will produce oil for decades. While starting an oil sands project now wouldn’t be economical, companies will push ahead with those under construction and projects already operating will continue, Jackie Forrest, vice president of Calgary-based ARC Financial Corp., said in a Jan. 29 e-mail.
Alberta energy drillers pivot to natural gas because of oil plunge - BNN News
Alberta energy drillers pivot to natural gas because of oil plunge
OIL-DRILLING-1
Alberta’s energy producers are pivoting toward developing gas reserves rather than oil after crude lost half its value last year.
The number of gas development rigs in Canada’s biggest energy producing province almost doubled in December to 157, the most for that month since at least 2010, the Alberta Energy Regulator said in data posted on its website late Wednesday. The number of crude development rigs fell by 4.3 percent to 134.
Alberta’s gas prices dropped 35 percent last year while oil fell 46 percent. U.S. crude prices have plunged below $50 from last year’s high above $107 after the Organization of Petroleum Exporting Countries resisted calls to cut output amid a surge of U.S. crude production.
While most conventional petroleum rigs in Alberta produce both gas and oil, the collapse of crude prices is prompting drillers to focus on wells with higher gas volumes, Mark Oberstoetter, lead Canada upstream analyst at Wood Mackenzie Ltd., said in a phone interview from Calgary.
“Some of those wells that have higher gas rates, they might have become more economic than their liquid-heavy counterparts,” he said. “You can now alter where you are going to pop your wells.”
Alberta’s gas prices collapsed in 2008 and have mostly traded between $2 and $4 per million British thermal units since then as surging U.S. production cut exports south and large- scale projects to liquefy and export gas from British Columbia were delayed. Still, exports to the U.S. West Coast are higher than a year ago and companies led by AltaGas Ltd. are moving forward with smaller LNG projects, with the first scheduled to start in 2018.
ALBERTA HUB
Gas at Alberta’s AECO hub rose 1 cent to $2.36 per million British thermal units at 11:56 a.m. mountain time, according to data compiled by Bloomberg. The price has fallen 4.1 percent this year. U.S. crude futures fell $2.82 to $48.17 a barrel.
Most Albertan oil is extracted as bitumen from the province’s northern oil sands, either through mining or by injecting steam into the ground and then pumping it out of the earth.
While conventional oil rigs declined, bitumen development rigs rose an annual 29 percent in December to 142, the energy regulator said. This compares with a 14 percent decline a year earlier.
Oil sands producers invest billions of dollars in operations that will produce oil for decades. While starting an oil sands project now wouldn’t be economical, companies will push ahead with those under construction and projects already operating will continue, Jackie Forrest, vice president of Calgary-based ARC Financial Corp., said in a Jan. 29 e-mail.
Alberta energy drillers pivot to natural gas because of oil plunge - BNN News