Turns out pipelines don't do much for the economy

[Bar Sinister]

Which gets oil to Asian markets how? Through that ice free Arctic ocean?

The last time I checked Europe imported oil. There is no reason they can't buy it from us instead of the Russians or the Middle East - both of which are notoriously unstable suppliers.

Wait are you admitting that there is a problem with shipping oil? Say it isn't so. Your oil overlords are not going to be very happy with you.

 

[Jinentonix]

In common practice, La.=Louisiana. Officially Its abbreviation is "LA.".

Los Angeles is "L.A.". ( LOL, It didn't sound like you missed your period there, Haha)

just sayin.
https://www.abbreviations.com/abbreviation/Louisiana+

Yeah well with that idiot's piss poor use of punctuation (including capitals) it's an easy mistake to make.

You are not from BC and you do not understand anything that is happening here.

Sure doesn't stop you from shooting off your yap about Ontario issues.

 

[petros]

Hoid isn't in BC.

 

[mentalfloss]

Wait are you admitting that there is a problem with shipping oil? Say it isn't so. Your oil overlords are not going to be very happy with you.

They don't really think their arguments through.

 

[Twin_Moose]

The last time I checked Europe imported oil. There is no reason they can't buy it from us instead of the Russians or the Middle East - both of which are notoriously unstable suppliers.




Wait are you admitting that there is a problem with shipping oil? Say it isn't so. Your oil overlords are not going to be very happy with you.

That's the market Energy East was targeting before the horny whales triggered protests

 

[Hoid]

That's the market Energy East was targeting before the horny whales triggered protests

YOu mean before Quebec told them to **** off.

 

[Twin_Moose]

Do you mean extortion demands?

 

[captain morgan]

Wait are you admitting that there is a problem with shipping oil? Say it isn't so. Your oil overlords are not going to be very happy with you.

hehehehe.... I see that your fears and nightmares are triggered by that image.

Sucks to be you

Do you mean extortion demands?

They'll be whining long and loud as prices increase... With any luck, the oil producing provinces will find a way to withhold transfer payments and then we'll see how cooperative the Kweebeckers are

 

[Hoid]

Extortion demands pretty much sums up the KM expansion

 

[captain morgan]

Stop buying gas.

... And marine fuel

... And diesel

... And aviation fuel

... And fuel for the ferries.

It's a pretty simple solution in the grand scheme of things

 

[Twin_Moose]

Extortion demands pretty much sums up the KM expansion

By the hypocritical B.C. Gov. and Burnaby town council then the answer is yes

 

[pgs]

Stop buying gas.

... And marine fuel

... And diesel

... And aviation fuel

... And fuel for the ferries.

It's a pretty simple solution in the grand scheme of things

Yes all those millennial’s flying all over the world while protesting pipelines . Crickets about coal , crickets about their personal carbon footprint . But pipelines o no no no . Funny they are fine with aviation fuel being pumped to YVR . Can’t let that pesky pipeline issue interfere with our world travel .

 

[DaSleeper]

Greenies are so damned Hypocrite!

 

[Twin_Moose]

Gas prices in B.C.: A perfect storm of taxes, gouging and market malfunction

If you drive a gasoline-powered vehicle, chances are you are asking some hard questions as fuel prices reach record highs. You are probably wondering why you have to empty your bank account to fill your tank. For instance, why do Albertans pay consistently less for gas, while charging British Columbians more for the same product from the same refineries? Why can I cross the border and pay around $1.10 Cdn a litre just a few miles from Canadian stations that charge in the neighbourhood of $1.60? Couldn’t that cheap gas be sent north to our stations?
I wondered why the wholesale price of gas is 92.2 cents in B.C. when the same gas is 81.6 cents a litre in Calgary, according to Kent Group.

I wondered, too, why the difference in the price of wholesale gas compared to the price of crude oil — the “refining margin” — is more than 20 per cent higher (about eight cents) in Vancouver than it is in Calgary, according to data from Natural Resources Canada.
The exact same market distortion is apparent in the difference between the retail price of gas and the wholesale price.

The retail margin is more than 20 per cent higher (about two cents) in Vancouver than Calgary. The Canadian Association of Petroleum Producers suggested I call the Canadian Fuels Association. The CFA suggested I call an independent analyst, who was on vacation. So, I called another.
“The oil companies are gouging us,” said economist Robyn Allan. “There is no market reason that explains the price of gas in B.C.”
The Port of Vancouver is a net exporter of fuels, so supply isn’t an issue, she said. We are actually awash in gas.
“The cost of producing gasoline (at Parkland in Burnaby) and in Alberta should drive the price of gas in this market,” she said. “They closed the refineries in B.C. to produce oil more cheaply in Alberta.”

The problem is that B.C. doesn’t seem to benefit from the arrangement.
That gasoline comes to us through the Trans Mountain Pipeline from a small handful of companies that don’t appear to be competing on price in B.C., she said.
“If the market was functioning properly, cheaper gas would flow north from Washington and drive prices down,” she opined. “We don’t ever see that happening.”
The truth is that Washington’s refineries operate near capacity to satisfy existing customers, so there is precious little product to spare, according to industry consultant Michael Ervin of Kent Group.
If the gas won’t come to us, a great many people are willing to go south for a cheap tank. A bit of simple math puts the price of a litre of regular gas at about $1.10 Cdn in Washington, compared with $1.41 to $1.61 in B.C., according to Gasbuddy.com

So, why is gasoline such a bargain in Washington? The short answer is: taxes.
Our Cascadian cousins pay 44.5 cents in state tax and 18 cents in federal tax on a U.S. gallon of gas, or about 22 cents a litre in Canadian money.
In the Vancouver area, we pay a TransLink Tax (17 cents), Dedicated Motor Fuel Tax (6.75 cents), Provincial Motor Fuel Tax (1.75 cents), Carbon Tax (7.78 cents), Federal Excise Tax (10 cents), and the Goods and Services Tax (5 cents). Add a smidgen of tax on tax to the calculation and it comes to about 49 cents per litre.
Stripped of all taxes, the retail price of gas in Washington is a shade under 90 cents a litre, compared with about 91 cents to $1.12 in B.C., depending on where you live.

$0.50/litre in taxes only $0.10-.20/litre difference in price to Washington state I would say due to transport costs depending where you live. Wait until Sask. and Alta. start closing the tap.

 

[Hoid]

How is 890k bbls of bitumen a day through Vancouver going to open the taps?

BC needs to forget about gasoline. Even at current prices alternatives are cost effective . with prices over $2 a liter alternatives will become necessary

 

[petros]

A pipeline is necessary.

 

[Twin_Moose]

How is 890k bbls of bitumen a day through Vancouver going to open the taps?

BC needs to forget about gasoline. Even at current prices alternatives are cost effective . with prices over $2 a liter alternatives will become necessary

The taps are open now wait till they get squeezed shut until B.C. quits being hypocritical about pipelines

Maybe B.C. should offer tax relief on the gas, to make it affordable

 

[petros]

Maybe just maybe Kinder Morgan is already tightened supply?

I bet CanadaPost will be charging a fuel levy shortly.

Thats gonna suck for Amazon shoppers.

 

[captain morgan]

Gas prices in B.C.: A perfect storm of taxes, gouging and market malfunction

Oh my!

The people of the lower mainland are being gouged by their own neighbours.

Damn pipeline!

Maybe just maybe Kinder Morgan is already tightened supply?

I bet CanadaPost will be charging a fuel levy shortly.

Thats gonna suck for Amazon shoppers.

The squealing will be long and loud once folks begin to understand that all of their consumer goods need fuel to be delivered to the local shops.

... Where I expect the big outrage will be the fuel surcharge with BC Ferries. It's already unjustifiably expensive and now I won't be surprised to see a 20% increase in ticket cost if Notley slaps a levy on them.

 

[petros]

BC Ferries is being refit with NG but in Poland.

That's gotta be chewing deep into Carbon Tax revenues.

Even ships are going South to refuel before heading north back to Asia.