Trans Mountain ‘pipeline is going to get built’: Trudeau dismisses B.C.’s bitumen ban

[JLM]

OH DEAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!


THAT IS the big beef!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


BC is NOT collecting any real taxes on the pipeline!!!!!!!!!!!!!!!!!!!!!!!!!!!!


It is the Quebec jealousy all over again!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


When the James Bay hydro electric project was built.......................


land in BOTH Quebec and Labrador was flooded .............................


and the power house was built in Labrador...........................


but the electric lines had to be PARTLY RUN through Quebec............................


to Yankee markets in the south!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Last I heard fully 15 Yankee states rely entirely on electricity from Canada!!!!!!!!!!!!!!!!!!!!!!!



So Pierre Trudope LIE-berals allowed Quebec to HIJACK most of the electricity sales revenue from Labrador!!!!!!!!!!!!!!!!!!!!!


Apparently BC wants a Quebec style deal with Alberta!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Oh well..........its deja vue all over again as the joker said!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And with another Trudope!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


God help us all if the kids of Our idiot Boy get interested in politics!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

How much longer do you plan on making a mess spilling beer?

 

[Twin_Moose]

Chevron’s $11 Billion Write Down Is A Warning For The Oil Industry
https://oilprice.com/Energy/Energy-...e-Down-Is-A-Warning-For-The-Oil-Industry.html
Chevron said that it would write down $11 billion in assets in the fourth quarter, much of which is tied to natural gas in Appalachia. The impairment is a sign that the waters are getting pretty rough for the oil and gas industry, due to a combination of supply surpluses, low prices, the struggling and unproven business case for large-scale shale drilling, and the looming threat of peak demand.
-----------------------------------------------------------------
Peak Demand is what they are talking about instead of stranded assets which is what investors need to be talking about

Do you have any idea why shallow gas can be unrecoverable Hoid?

 

[captain morgan]

Chevron’s $11 Billion Write Down Is A Warning For The Oil Industry
https://oilprice.com/Energy/Energy-...e-Down-Is-A-Warning-For-The-Oil-Industry.html
Chevron said that it would write down $11 billion in assets in the fourth quarter, much of which is tied to natural gas in Appalachia. The impairment is a sign that the waters are getting pretty rough for the oil and gas industry, due to a combination of supply surpluses, low prices, the struggling and unproven business case for large-scale shale drilling, and the looming threat of peak demand.
-----------------------------------------------------------------

Peak Demand is what they are talking about instead of stranded assets which is what investors need to be talking about

Wrong. They are talking about this particular point stated in the article:

"The write down is also an indictment of shale gas drilling in Appalachia. Low prices and a track record of not producing any profits has soured investors on the sector."


This is about drilling super expensive wells in shale that have fantastic IPs but very steep declines in a low commodity price environment... On top of that Appalachia has a lot of activity right now so that local market is even softer. Factor-in the number of LNG export plants being constructed worldwide and their transpo costs eat further into their profits, meaning the opportunity to ship LNG overseas now has more competition than a few years ago

On the other hand, conventional oil/gas will produce for years thereby enabling the producer to generate revenues over the long term as compared to shale resources.

The 'stranded' aspect of this also points to a proven supply of gas that can be re-started at a later date.

I'm no fan of shale assets and wouldn't touch them at all due to the high cost to drill/develop in concert with the low commodity price, but in the end, this gas will remain in Chevron's inventory as an asset for a later date

 

[JLM]

Wrong. They are talking about this particular point stated in the article:

"The write down is also an indictment of shale gas drilling in Appalachia. Low prices and a track record of not producing any profits has soured investors on the sector."


This is about drilling super expensive wells in shale that have fantastic IPs but very steep declines in a low commodity price environment... On top of that Appalachia has a lot of activity right now so that local market is even softer. Factor-in the number of LNG export plants being constructed worldwide and their transpo costs eat further into their profits, meaning the opportunity to ship LNG overseas now has more competition than a few years ago

On the other hand, conventional oil/gas will produce for years thereby enabling the producer to generate revenues over the long term as compared to shale resources.

The 'stranded' aspect of this also points to a proven supply of gas that can be re-started at a later date.

I'm no fan of shale assets and wouldn't touch them at all due to the high cost to drill/develop in concert with the low commodity price, but in the end, this gas will remain in Chevron's inventory as an asset for a later date

It amazes me that one person is able to manage to get errors into so many posts!

 

[spilledthebeer]

Chevron’s $11 Billion Write Down Is A Warning For The Oil Industry
https://oilprice.com/Energy/Energy-...e-Down-Is-A-Warning-For-The-Oil-Industry.html
Chevron said that it would write down $11 billion in assets in the fourth quarter, much of which is tied to natural gas in Appalachia. The impairment is a sign that the waters are getting pretty rough for the oil and gas industry, due to a combination of supply surpluses, low prices, the struggling and unproven business case for large-scale shale drilling, and the looming threat of peak demand.
-----------------------------------------------------------------

Peak Demand is what they are talking about instead of stranded assets which is what investors need to be talking about

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


HemerHOID is sounding ever more CONFUSED AND FRUSTRATED!!!!!!!!!!!!!!!!!!!!!!!!


He speaks of "peak demand"...................................


as if fossil fuel markets WERE NOT EXPANDING BEFORE HIS EYES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Yes- improving wages in third world countries mean LARGER DEMAND for oil and gas for the forsee-able future!!!!!!!!!!!!!!!!!!!


And NOT LESS DEMAND as our imitation Baron Munchhausen story teller wants us to believe!!!!!!!!!!!!!!!!!!!!!!!!!!!


And Baron HemerHOID speaks of "stranded assets" while pretending NOT TO NOTICE...............................


that it is Alberta oil that IS STRANDED BY DELIBERATE LIE-beral sabotage!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Meaning LIE-beral refusal to allow the Kinder Morgan pipeline to be built!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Nor does hemerHOID wish to speak of the CHINESE natural gas market that could EXPAND GREATLY .....................................


if only Cdn LIE-berals would cooperate ........................................



as Beijing wants to move away from burning coal to generate electricity ..................................


but of course pig headed Cdb LIE-berals are so determined to KILL the Cdn fossil fuel industry..............................


that they would rather that China go on burning demon coal from Australia.......................................


instead of burning cleaner Cdn natural gas!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



LIE-berals will NOT RISK allowing any new profit flowing to Cdn fossil fuel producers!!!!!!!!!!!!!!!!!!!!!!!


no wonder LIE-beral policy is such a distorted mess.........................................


since they cater to LOONS like hemerHOID!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Twin_Moose]

I guess Hereditary Chiefs don't mean as much as you thought eh Cliffy?

B.C. Supreme Court grants natural gas pipeline company interlocutory injunction

VANCOUVER — The British Columbia Supreme Court has granted Coastal GasLink an interlocutory injunction against members of a First Nation and others who oppose the company's natural gas pipeline.
The company is building a pipeline from northeastern B.C. to LNG Canada's export terminal in Kitimat on the coast.
Coastal GasLink says it has signed agreements with all 20 elected First Nations councils along the 670-kilometres route but hereditary chiefs in the Wet'suwet'en First Nation say the project has no authority without their consent.
The court had granted the company an interim injunction last December against pipeline opponents and protests erupted around the world when RCMP enforced it in January, arresting 14 people along a logging road leading to the construction site near Houston, B.C.
In her ruling Tuesday, Justice Marguerite Church said Coastal GasLink has the permits and authorizations for the project and has satisfied the requirements for an interlocutory injunction.
She said there is evidence to indicate that the defendants have engaged in deliberate and unlawful conduct for the purpose of causing harm to the plaintiff and preventing it from constructing the pipeline.
"There is a public interest in upholding the rule of law and restraining illegal behaviour and protecting of the right of the public, including the plaintiff, to access on Crown roads," she wrote.
"The defendants may genuinely believe in their rights under indigenous law to prevent the plaintiff from entering Dark House territory, but the law does not recognize any right to blockade and obstruct the plaintiff from pursuing lawfully authorized activities."
In a statement, Wet'suwet'en hereditary chiefs representing all five clans of the First Nation said they "reject" the B.C. Supreme Court decision.
The First Nation said it is disappointed that the court rendered a decision that contradicts Wet'suwet'en law.
"Coastal GasLink has never obtained consent from the Wet'suwet'en Hereditary Chiefs to enter or work on our territories," the statement said.
"Under the threat of continued police violence, the Wet'suwet'en have complied with the interim injunction order imposed throughout our territories."
Coastal GasLink said in a statement that it remains focused on constructing the $6.6-billion project safely and with respect to its Indigenous partners and local communities along the route.
"We are proud of the relationships we’ve built with all 20 First Nations along the corridor, the significant benefits we continue to deliver to Indigenous and local communities, and the role we are playing in reducing global greenhouse gas emissions," the statement said.
"Coastal GasLink will continue to abide by the terms of the access protocol agreed with Dark House and the Unist’ot’en Camp for access beyond the Morice River bridge and will continue efforts to engage with any affected groups to ensure public safety while our field crews continue to progress their critical activities."
The company contends the pipeline will deliver significant, long-term benefits for Indigenous and northern B.C. communities along its path and reduce global greenhouse gas emissions by providing natural gas to replace coal burning in Asian markets.
Church said in her decision there is "evidence of significant harm" to the company and others if the pipeline project cannot go ahead because of the blockades, including Coastal GasLink's contractors and sub-contractors.
"There would be loss of employment opportunities for employees involved in the construction of the export facility and its operation, employees involved in the construction of the pipeline project, and loss of opportunity for members of Indigenous communities to take advantage of training and employment," she wrote.
The evidence before her was "not clear" on the harm that would be brought to the Wet’suwet’en nation, she said.
"There is considerable disagreement among members of the Wet’suwet’en nation with respect to the pipeline project and many in the community who support the pipeline project and are of the view that it will have substantial benefits to the Wet’suwet’en nation as a whole."
Church also said this is an appropriate case to include enforcement provisions within the injunction order, to inform the public of the consequences of non-compliance.
Activities at the Unist’ot’en Camp have continued since the interim injunction and the company is not seeking to restrain the defendants from continuing to occupy the Unist’ot’en camp, operating their healing centre or otherwise using their traditional territories, provided that they do not block or prevent use of the roads or interfere with the plaintiff’s construction activities, she said.
"The interlocutory injunction order would only prevent the defendants from blocking the roads when construction activities are underway," Church wrote.
Those opposed to the pipeline did not challenge the validity of the company's permits and authorizations through legal means but rather chose to pursue "unlawful self-help remedies" to further their goal of preventing construction, she said in her decision.
"Use of self-help remedies is contrary to the rule of law and is an abuse of process," she said.

 

[spilledthebeer]

I guess Hereditary Chiefs don't mean as much as you thought eh Cliffy?

B.C. Supreme Court grants natural gas pipeline company interlocutory injunction

"Hereditary Chief"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Isnt that LIE-beral talk meaning some sort of



back woods ROYALTY????????????????????


Is Clueless Cliffy Claiming that some "hereditary chiefs" have



inherited some thing OTHER than a fondness for abusing



alcohol and collecting welfare and blaming white people for EVERYTHING??????????????????


As usual Cliffy HAS NOT thought his position through fully!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



He is now trying to CLAIM that some hereditary chiefs should have real power like the EUROPEAN ROYALTY............................


of past centuries that CLIFFY USUALLY SCORNS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


The REAL IRONY Is that his vaunted hereditary chiefs DO HAVE exactly the same level of authority and power as ALL OTHER



CURRENT European Monarchs!!!!!!!!!!!!!!!!!!!!!!!!!!!!


THEY ARE ALL FIGUREHEADS WHO DO WHAT THEIR ELECTED PARLIAMENT ORDERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Poor Clueless Cliffy - what an amazing MAROON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[JLM]

Anyone have a clue as to when this pipeline is finally going to be done? We needed it yesterday and the stalling is getting ridiculous. Anyone who doesn't want a pipeline in our province should move. We are sick and tired of high gas prices!

 

[spilledthebeer]

Anyone have a clue as to when this pipeline is finally going to be done? We needed it yesterday and the stalling is getting ridiculous. Anyone who doesn't want a pipeline in our province should move. We are sick and tired of high gas prices!

I HAVE TOLD YOU BEFORE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


But - being foolish you apparently did not believe me!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



The Kinder Morgan pipeline oil pipeline WILL BE COMPLETED..........................


AFTER Our idiot Boy and his loser LIE-berals ARE FIRED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


The other little detail that you are over looking is that EVEN AFTER the itself pipeline is completed..........................


we can still look forward to endless DELAYS AND DEBATES........................................


as the port facilities will STILL NEED TO BE BUILT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And the pipelines IS USELESS without some way to load oil onto ships!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And of course EVEN THEN things will NOT go smoothly..................................


because it is likely that an armada of gas guzzling MOTORBOATS operated by protestors...............................


will be out trying to block the harbour to prevent entry by tankers!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Hoid]

https://www.cbc.ca/news/indigenous/wet-suwet-en-coastal-gaslink-jan7-1.5417641

Coastal Gaslink pipeline is shutdown and will remain shutdown until Canadian governments reach a comprehension agreement with hereditary chiefs.

Christie Clark said natural gas was going to eliminate BC public debt. It is currently an all but worthless commodity

 

[Hoid]

btw this is how the trans mountain expansion will end up as well.

 

[petros]

btw this is where how the trans mountain expansion will end up as well.

Try that again in english.

 

[DaSleeper]

He was late with the edit:lol:

 

[petros]

He was late with the edit:lol:

3 minutes late.

 

[Twin_Moose]

https://www.cbc.ca/news/indigenous/wet-suwet-en-coastal-gaslink-jan7-1.5417641
Coastal Gaslink pipeline is shutdown and will remain shutdown until Canadian governments reach a comprehension agreement with hereditary chiefs.
Christie Clark said natural gas was going to eliminate BC public debt. It is currently an all but worthless commodity

BS Hoid

'Scalable approach'
In a statement to CBC News, the RCMP said its priority is "to assess the situation and to engage with industry, Indigenous communities and government to facilitate a resolution that ensures any protest activity is lawful, peaceful and safe."
The RCMP said a senior commander has been in contact with all parties involved and that police will "take the actions necessary, using a carefully measured and scalable approach, should there be any criminal activities that pose a threat to individuals or property."
Coastal GasLink has signed benefit agreements with 20 band council governments along the route of the project. Wet'suwet'en hereditary leadership says band councils do not have authority over land outside of the reserve boundaries.
"The Wet'suwet'en people are deeply divided with respect to either opposition to or support for the Pipeline Project," wrote Church in her Dec. 31 ruling.
The Dec. 31 court ruling acknowledged submissions from the Wet'suwet'en on asserting their law on the territory, but said "the law does not recognize any right to blockade and obstruct the plaintiff from pursuing lawfully authorized activities."
Since last year's enforcement actions, an increasing number of sites have been reoccupied by the Wet'suwet'en on different parts of the territory. Recently, trees were felled along the Morice Forest Service road, kilometres away from the re-established Gidimt'en camp. The route is currently impassable.

 

[Hoid]

Recently, trees were felled along the Morice Forest Service road, kilometres away from the re-established Gidimt'en camp. The route is currently impassable.

 

[petros]

Recently, trees were felled along the Morice Forest Service road, kilometres away from the re-established Gidimt'en camp. The route is currently impassable.

Nothing a D10 can't rectify post haste.

 

[Cliffy]

Alberta’s $200 Billion Oil & Gas Clean-Up Bill Will Be Footed By The Rest Of Canada

How much is in Alberta’s industry funded cleanup fund for orphaned wells? $30 million. How much is in Alberta’s industry funded cleanup fund for overall liabilities? $1.6 billion.
What are the liabilities again? $100-$260 billion.
The saved clean up funds are orders of magnitude off of the scale of the problem. That’s part of the reason oil companies intentionally shuffle older wells into abandon-able corporate shells. It’s cheaper still to just never do anything with a played out well and just let it sit there as if it’s productive while paying the minimal annual leasing fees.
It’s not like the Ponzi scheme of increasing oil revenues is going to pay for this. International capital is fleeing the oil sands. Alberta’s product will be first to see the taps turned off as global demand flattens and disappears. It’s too heavy, too high in carbon for extraction and too far from water, with or without a pipeline. That was always the premise, that they would clean it up tomorrow out of oil profits. But tomorrow is never coming, and that’s been clear for years.

More: https://cleantechnica.com/2020/01/0...-up-bill-will-be-footed-by-the-rest-of-canada

 

[petros]

Experts say: Cliff is full of shit. Toxic decontamination of Cliff will cost $3T with taxpayers holding the bag.

If an article doesn't cite a source it's fake news.

 

[spilledthebeer]

https://www.cbc.ca/news/indigenous/wet-suwet-en-coastal-gaslink-jan7-1.5417641

Coastal Gaslink pipeline is shutdown and will remain shutdown until Canadian governments reach a comprehension agreement with hereditary chiefs.

Christie Clark said natural gas was going to eliminate BC public debt. It is currently an all but worthless commodity

YES HEMERHOID!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


But it is not only B.C. debt that is an almost worthless commodity!!!!!!!!!!!!!!!!!!!!!!!!!!!


THE UGLY FACT IS THAT ALL Cdn debt is falling into JUNK BOND territory!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


We are getting perilously CLOSE to the debt wall!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Just LOOK at the hundreds of billions of dollars worth of USELESS IOU`s that LIE-berals have handed out.................................


to civil service union HOGS in exchange for their votes!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


AND YES AGAIN HEMERHOID!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


As I have said before - there will be NO PIPELINES completed in Canada............................


UNTIL we FIRE that idiot Boy and his loser LIE-berals!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!