Omnibus : Gas prices, Oil prices, Embargos
- Thread starter B00Mer
- Start date
Actually it does , that two Billion paid for all the things you mentioned and more , including kickbacks to the governing Liberal Party .
Oil prices plunge as UAE supports supply boost
www.bbc.com
Gas prices take the elevator up and the stairs down.
Ukraine war: Oil price rises again due to fears over Russian shortfall
There is confusion over whether major oil producers will help to plug a gap in supplies from Russia.
www.bbc.com
Gas prices take the elevator up and the stairs down.
Why are B.C. gas prices surging when the province gets most of its gas from local refineries?
Posthaste: What $200 oil could do to Canada and the world economy — and it's not pretty
Posthaste: What $200 oil could do to Canada and the world economy — and it's not pretty
Not even our energy producing nation would get a boost from prices this high
Jesse Kline: Joe Biden begs dictators for oil while Canada's energy industry remains hobbled — National Post
Lost in Biden's salacious courting of autocrats is much talk about the role Canada could play in contributing to the West’s energy security — largely because we no longer have the ability to do so
Lost in all this salacious courting of dictators and autocrats is much talk about the role Canada could play in contributing to the West’s energy security — largely because we no longer have the ability to do so.
It’s true that Canada supplies the U.S. with around 4.3 million bpd of oil and could increase that to some extent. According to Alberta Energy Minister Sonya Savage, there is excess capacity in Enbridge’s Line 3 pipeline and along rail lines, which could handle around 200,000 bpd.
And some companies do have the ability to increase output. Canadian Natural, for example, said it planned to increase production by about five per cent this year. Others will undoubtedly follow suit if prices remain high and they have the means to do so.
But experts seem to agree that our contribution will be marginal at best, because our energy industry has been starved of investment for years. All because governments have scared away investors by consistently blocking proposed pipelines and LNG export terminals, which could now be supplying our allies in the U.S., Asia and Europe with oil and gas from a democratic country that abides by the rule of law, has strong environmental standards and has no imperial or genocidal ambitions.
The tragedy is that if governments — including the Biden administration, which nixed the Keystone XL pipeline on Day 1 — had simply gotten out of the way and allowed decisions over pipelines and other infrastructure projects to be made by private businesses and landowners, including First Nations, Canada would have a much greater ability to produce and export its natural resources, at little to no cost to the treasury.
Instead, billions of dollars worth of public money has been poured into the Keystone and Trans Mountain pipelines and the leader of the free world is running cap-in-hand to some decidedly unfree countries because they seem like the lesser evil at the moment.
It is, of course, never too late to start turning things around. Even if Canada cannot be part of the solution to the current crisis — though for all we know, the West could have reason to impose crippling sanctions on Russia for years to come — we could help free the democratic world from being at the mercy of tyrants and despots for its energy needs.
That would take a concerted effort on the part of all levels of government to remove the impediments to energy development in this country. Which seems unlikely. But stranger things have happened, I suppose.
The rest at the above LINK.
That’s all fine the Americans are simply going to start buying clean from Venezuela and continue to finance Putin .
Psaki said today that there is no plans to re-permit Keystone xl because it's 600,000 barrels a day would have no impact on the US oil short fall todayTo summarize: in order to punish its longtime enemy, which it tried to be friends with, but is now quite sure is an enemy again (Russia), the U.S. turned to a friend that should be an enemy (Saudi Arabia), which won’t talk to the Americans because they’re helping a common enemy (Iran), while negotiating with another enemy (Venezuela), even though it’s friends with the enemy that started this whole crisis (Putin). Got that?
Jesse Kline: Joe Biden begs dictators for oil while Canada's energy industry remains hobbled — National Post
Lost in Biden's salacious courting of autocrats is much talk about the role Canada could play in contributing to the West’s energy security — largely because we no longer have the ability to do soapple.news
Lost in all this salacious courting of dictators and autocrats is much talk about the role Canada could play in contributing to the West’s energy security — largely because we no longer have the ability to do so.
It’s true that Canada supplies the U.S. with around 4.3 million bpd of oil and could increase that to some extent. According to Alberta Energy Minister Sonya Savage, there is excess capacity in Enbridge’s Line 3 pipeline and along rail lines, which could handle around 200,000 bpd.
And some companies do have the ability to increase output. Canadian Natural, for example, said it planned to increase production by about five per cent this year. Others will undoubtedly follow suit if prices remain high and they have the means to do so.
But experts seem to agree that our contribution will be marginal at best, because our energy industry has been starved of investment for years. All because governments have scared away investors by consistently blocking proposed pipelines and LNG export terminals, which could now be supplying our allies in the U.S., Asia and Europe with oil and gas from a democratic country that abides by the rule of law, has strong environmental standards and has no imperial or genocidal ambitions.
The tragedy is that if governments — including the Biden administration, which nixed the Keystone XL pipeline on Day 1 — had simply gotten out of the way and allowed decisions over pipelines and other infrastructure projects to be made by private businesses and landowners, including First Nations, Canada would have a much greater ability to produce and export its natural resources, at little to no cost to the treasury.
Instead, billions of dollars worth of public money has been poured into the Keystone and Trans Mountain pipelines and the leader of the free world is running cap-in-hand to some decidedly unfree countries because they seem like the lesser evil at the moment.
It is, of course, never too late to start turning things around. Even if Canada cannot be part of the solution to the current crisis — though for all we know, the West could have reason to impose crippling sanctions on Russia for years to come — we could help free the democratic world from being at the mercy of tyrants and despots for its energy needs.
That would take a concerted effort on the part of all levels of government to remove the impediments to energy development in this country. Which seems unlikely. But stranger things have happened, I suppose.
The rest at the above LINK.
There are plenty of shut in wells that could be, if not are being serviced to get back into production right now to immediately up our oil production
So they’re leaving this project cancelled because it’s not a big enough cancelled pipeline (?) ‘cuz the environment??
Immediate in terms of O&G upping production is 6 months.
The completed shut in oil wells depending on separators, seals and bearings should be up and running in a week or so depending on service rigs