Canada’s Oil And Gas Sector Sees Record Job Losses

Danbones

Hall of Fame Member
Sep 23, 2015
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Move your butt down the road babe!
;)
I ain't slappin' ya (again) unless you pay me double the last time!
 
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Danbones

Hall of Fame Member
Sep 23, 2015
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We are communication in the written word:
:)
...unless you are getting someone to read this to you.
 

Danbones

Hall of Fame Member
Sep 23, 2015
24,505
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MANITOBA OFFICIAL ADMITS PUBLIC HEALTH ORDERS DON'T APPLY TO ANY LEVEL OF GOVERNMENT​

| JAN 20TH 2021​


Someone(s) seriously needs to be bitchslapped.
 
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Danbones

Hall of Fame Member
Sep 23, 2015
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No, you didn't read deeply enough into that...
;)
I guess some IS reading this stuff to you!
 

bob the dog

Council Member
Aug 14, 2020
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"TC Energy Corp. has brought another backer into its corner for the Keystone XL pipeline.

The Calgary-based company announced Tuesday it struck an agreement for Natural Law Energy (NLE) – an alliance of First Nations representing the traditional territories of Treaty No. 4, Treaty No. 6 and Treaty No. 7 – to invest up to $1 billion in the controversial pipeline that's been the subject of years of delays and regulatory uncertainty. TC Energy pointed out the investment is dependent on NLE securing financing.

It's the second significant equity partner that TC Energy has brought on board for Keystone XL after the province of Alberta signed up for a $1.5-billion investment in the project – plus a $6-billion loan guarantee – in March. And it's being announced despite a murky outlook for Keystone XL in light of U.S. President-elect Joe Biden's campaign pledge to block the project.

"Natural Law Energy has used the same blueprint our ancestors used when they negotiated the Treaties that governed working together to share the land,” said NLE CEO Travis Meguinis in a release."
More stuff you'll have a hard time finding the true story about. Lets round it off and call it $10 billion wasted on pipelines for zero return. Oh well.
 
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bob the dog

Council Member
Aug 14, 2020
1,768
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More stuff you'll have a hard time finding the true story about. Lets round it off and call it $10 billion wasted on pipelines for zero return. Oh well.
That announcement was from Nov. 17, 2020. Post US election and six months from the project being abandoned. Money is like water to these people.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
28,987
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Regina, Saskatchewan
:)

Keystone XL, Trans Mountain and Line 3 last pipelines Canada will ever need, says energy regulator​


De Silva notes that if the three oil and gas pipelines under construction get finished — Keystone XL, Trans Mountain and Enbridge Line 3 — they will together be the final pipelines Canada needs to build to handle the projected growth and fossil fuel production before it begins to decline.

Canada is the world’s fourth-largest oil producer, currently supplying 6% of global production. Canada is the fifth-largest producer of natural gas, supplying 5% of global demand. The energy sector (oil, gas, electricity) constitutes more than 10% of Canada’s total gross domestic product (GDP). In 2023, the latest year of available data, the energy sector provided, directly and indirectly, almost 700,000 jobs or 3.5% of all jobs in Canada. And Canadian energy exports totalling $200 billion comprised 28% of all Canadian exported goods.

BUT…however vast and vital Canada’s energy sector is to our well being, Prime Minister Trudeau worked tirelessly to restrain, restrict, diminish and ultimately “phase out” Canada’s fossil fuel industries. Here are some of the highlights of his war on Canada’s energy sector.

In 2017, Trudeau introduced Bill C-48, which restricts oil tankers off Canada’s west coast and limits the ability of Canada’s oilsands sector to export product to new markets, keeping Canada’s energy resources trapped in a discount-price U.S. market. Also in 2017, much to the fury of many Albertans, Trudeau announced his intention to phase out oilsands production, the foundation of Alberta’s prosperity.

In 2018, Trudeau introduced Bill C-69, which tightened Canada’s environmental assessment process for major infrastructure projects and made the process of obtaining government permission for major energy projects more costly, time-consuming and arbitrary, thus increasing uncertainty across the energy sector. And he introduced the carbon tax despite strenuous opposition by Canada’s energy sector and energy-producing provinces.

In 2020, Trudeau launched his broadest and most intense regulatory crusade against Canada’s energy sector, introducing Bill C-12, which committed Canada to reach “net-zero” emissions of greenhouse gases by 2050. Net-zero means Canada cannot emit more greenhouse gases via energy production and consumption than is taken out of the air by natural processes and the ecosystem. This would require vastly reduced production and consumption of fossil fuels in Canada, with consequences for the energy sector’s productivity and employment potential moving toward 2050. Oh well.
In 2023, Trudeau attacked fossil fuel use in the transportation sector by mandating that all new cars sales be electric vehicles by 2035. And he released draft “clean electricity regulations” to phase out the use of fossil fuels in electricity generation by the year 2050.

During his time as prime minister, Trudeau attacked Canada’s energy sector, with eliminationist language and onerous regulations meant to essentially phase out a major supplier of economic productivity and employment in Canada, to the great detriment of Canadians. It’s his legacy.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,187
14,245
113
Low Earth Orbit
Canada is the world’s fourth-largest oil producer, currently supplying 6% of global production. Canada is the fifth-largest producer of natural gas, supplying 5% of global demand. The energy sector (oil, gas, electricity) constitutes more than 10% of Canada’s total gross domestic product (GDP). In 2023, the latest year of available data, the energy sector provided, directly and indirectly, almost 700,000 jobs or 3.5% of all jobs in Canada. And Canadian energy exports totalling $200 billion comprised 28% of all Canadian exported goods.

BUT…however vast and vital Canada’s energy sector is to our well being, Prime Minister Trudeau worked tirelessly to restrain, restrict, diminish and ultimately “phase out” Canada’s fossil fuel industries. Here are some of the highlights of his war on Canada’s energy sector.

In 2017, Trudeau introduced Bill C-48, which restricts oil tankers off Canada’s west coast and limits the ability of Canada’s oilsands sector to export product to new markets, keeping Canada’s energy resources trapped in a discount-price U.S. market. Also in 2017, much to the fury of many Albertans, Trudeau announced his intention to phase out oilsands production, the foundation of Alberta’s prosperity.

In 2018, Trudeau introduced Bill C-69, which tightened Canada’s environmental assessment process for major infrastructure projects and made the process of obtaining government permission for major energy projects more costly, time-consuming and arbitrary, thus increasing uncertainty across the energy sector. And he introduced the carbon tax despite strenuous opposition by Canada’s energy sector and energy-producing provinces.

In 2020, Trudeau launched his broadest and most intense regulatory crusade against Canada’s energy sector, introducing Bill C-12, which committed Canada to reach “net-zero” emissions of greenhouse gases by 2050. Net-zero means Canada cannot emit more greenhouse gases via energy production and consumption than is taken out of the air by natural processes and the ecosystem. This would require vastly reduced production and consumption of fossil fuels in Canada, with consequences for the energy sector’s productivity and employment potential moving toward 2050. Oh well.
In 2023, Trudeau attacked fossil fuel use in the transportation sector by mandating that all new cars sales be electric vehicles by 2035. And he released draft “clean electricity regulations” to phase out the use of fossil fuels in electricity generation by the year 2050.

During his time as prime minister, Trudeau attacked Canada’s energy sector, with eliminationist language and onerous regulations meant to essentially phase out a major supplier of economic productivity and employment in Canada, to the great detriment of Canadians. It’s his legacy.

1737730549351.jpeg
 

petros

The Central Scrutinizer
Nov 21, 2008
117,187
14,245
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Low Earth Orbit
Yes, in spite of the federal liberal government. How about Canadian exports elsewhere, other than to the US?
2023 exports

United States: Canada exported 192.9 million metric tons of crude oil to the United States

China: Canada exported 7.5 million metric tons of crude oil to China in 2023

Europe: Canada exported 6.7 million metric tons of crude oil to Europe in 2023
 
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