Canadian oil sector to be looking toward renewable energy
- Thread starter mentalfloss
- Start date
They still use coal? Yikes
In a First, Renewable Energy Is Poised to Eclipse Coal in U.S.
https://www.nytimes.com/2020/05/13/climate/coronavirus-coal-electricity-renewables.html
In a First, Renewable Energy Is Poised to Eclipse Coal in U.S.
https://www.nytimes.com/2020/05/13/climate/coronavirus-coal-electricity-renewables.html
And NATURAL GAS is BURYING BOTH COAL AND RENEWABLE energy!
it is a notable fact that wind and solar power ARE SO UNRELIABLE that for every kilowatt hour of mouldy green power
that is created - THERE MUST ALSO BE a kilowatt hour of electrical generation created and fueled with NATURAL GAS
with those natural gas plants kept FULLY MANNED ANF FULLY CHARGED UP - and ready at a moments notice
TO TAKE OVER from the mouldy green - when the wind gust passes or the sun doesnt shine!
Considering the amount of steel and aluminum and the masses of concrete needed to build just ONE wind tower - and then build all
the other infrastructure needed to connect the mouldy green power producer to the main GRID via those big steel towers and
aluminum wires - it becomes EASY TO SEE that expecting mouldy green power to accomplish ANYTHING - other than making
some LIE-berals and HOGS RICH using electricity price gouging justified by FALSE ADVERTISING
is entirely UNREASONABLE!
Don’t forget all the trees cleared to make room for the towers and transmission . All those carbon sequestering trees removed .
Third party projections see oil at USD $60 in the near future.
Gonna be awfully busy in the Port of Vancouver!
Gonna be awfully busy in the Port of Vancouver!
Well then buy it.
Buy one share.
Should we all start a fund for you?
What ya say everyone?
And it burns burns buuuurns..
Alberta Cuts 1 Million Bpd In Oil Production
Indeed, Alberta has been a step ahead of other producers when it came to cutting production, although not by design. Pipeline constraints had already forced Canadian crude prices low enough for many producers to struggle to survive, and the fallout of the oil price war and the coronavirus pandemic only sped up the inevitable: forced production cuts on top of government-instituted ones.
Alberta’s oil sector was one of the first and hardest hit by the crisis, with doubts emerging at one point about whether the oil sands industry would even survive this crisis. The industry itself is pessimistic. A recent Business Outlook Survey from the Bank of Canada found that the industry was more pessimistic about its outlook than it was in either 2008, during the Great Recession, or even 2014 when oil price last fell in the $20s and below.
https://oilprice.com/Latest-Energy-News/World-News/Alberta-Cuts-1-Million-Bpd-In-Oil-Production.html
Alberta Cuts 1 Million Bpd In Oil Production
Indeed, Alberta has been a step ahead of other producers when it came to cutting production, although not by design. Pipeline constraints had already forced Canadian crude prices low enough for many producers to struggle to survive, and the fallout of the oil price war and the coronavirus pandemic only sped up the inevitable: forced production cuts on top of government-instituted ones.
Alberta’s oil sector was one of the first and hardest hit by the crisis, with doubts emerging at one point about whether the oil sands industry would even survive this crisis. The industry itself is pessimistic. A recent Business Outlook Survey from the Bank of Canada found that the industry was more pessimistic about its outlook than it was in either 2008, during the Great Recession, or even 2014 when oil price last fell in the $20s and below.
https://oilprice.com/Latest-Energy-News/World-News/Alberta-Cuts-1-Million-Bpd-In-Oil-Production.html
This is something Saskpower was considering doing decades ago let's see how this plays out
Fossil fuel giant faces uphill push to build green mega-project: Don Pittis
Fossil fuel giant faces uphill push to build green mega-project: Don Pittis