Do they prefer buying oil from terrorists

[TenPenny]

I believe that Canadians would not have the motivation to build more large scale refineries due to NIMBYISM, but we certainly moan when we are forced to but back the product from those that make the sacrifice.

We came very, very close to getting a new green-field refinery, that would sell 250,000 bbl/day of refined product to the Eastern Seaboard of the US, but in the end, the numbers didn't add up, and the project was cancelled. It would have been the first new refinery built in North America in decades.

 

[cranky]

Beware the fat fingered proctologist!

Just sayin.

beware of the doctor that pokes you, then you realize that both his hands are still on your waist line

 

[petros]

Ahhhhhhhh sooooo. Why didn't this hit me before?

Now it makes more sense.

It's not that they don't want the synthetic upgraded heavy crude from vast heavy crude deposits or from oil sands

Shell, Petro-Can, Syncrude, CO-OP all have one thing in common.

None of them are owned by the Chinese like Husky Energy which is a big player in Canadian heavy oil.

I see a squeeze play coming.

We drove them out of Libya.... Alberta and Sask are home turf.

Energy self-reliant is the only way to be.

 

[damngrumpy]

I think Canada should develop the oil sands yes but service Asia and America? Not necessarily, I am of
course an economic nationalist and I believe we should develop it for our own use primarily. There should
be a price for Canadians and a much higher price for the rest of the world. No we don't have to share it
with others it belongs to Canadians and we should take what we want for ourselves and maintain a huge
reserve, then contemplate sharing some with the world.

 

[petros]

Heavy oil has nothing to do with oil sands. Our heavy oil deposits (not bitumen) are massive as it is. I'm seeing a goal of North America being energy self-reliant within 5-6 years maximum and still exporting to Asia rather than Asia exporting from Canada.

 

[captain morgan]

We came very, very close to getting a new green-field refinery, that would sell 250,000 bbl/day of refined product to the Eastern Seaboard of the US, but in the end, the numbers didn't add up, and the project was cancelled. It would have been the first new refinery built in North America in decades.

The facility that you are referring too, where was it proposed to be built? I can easily appreciate that refineries are highly unpopular additions to a community, not only are the construction costs of these units is very prohibitive, but the social ramifications are not easily accepted by the community at large.

Unfortunately, refineries, pipelines and related elements are a necessary evil if we want to consume the fuel.

Heavy oil has nothing to do with oil sands. Our heavy oil deposits (not bitumen) are massive as it is. I'm seeing a goal of North America being energy self-reliant within 5-6 years maximum and still exporting to Asia rather than Asia exporting from Canada.

Ironically, there is a shortage of North American (possibly global) refineries that deal with heavy crude. It may be pretty interesting to see what happens on the world markets in the not so distant future.

 

[TenPenny]

The facility that you are referring too, where was it proposed to be built? I can easily appreciate that refineries are highly unpopular additions to a community, not only are the construction costs of these units is very prohibitive, but the social ramifications are not easily accepted by the community at large.

Unfortunately, refineries, pipelines and related elements are a necessary evil if we want to consume the fuel.

It was proposed for Saint John, NB, and was popular with well over 80% of the population, there was little question that it would go ahead as far as environmental approvals, but the projections for oil demand made the numbers uneconomic, and it was shelved. It would have been approx 250,000 bbl/day, and the refined products would pretty much all have gone to the Eastern Seaboard of the US. Since one of the partners was BP, it's unlikely that it will be restarted, but one never knows. A shame, in many ways, it would have been a huge economic boon to us and to the Canadian taxpayers.

 

[captain morgan]

It was proposed for Saint John, NB, and was popular with well over 80% of the population, there was little question that it would go ahead as far as environmental approvals, but the projections for oil demand made the numbers uneconomic, and it was shelved. It would have been approx 250,000 bbl/day, and the refined products would pretty much all have gone to the Eastern Seaboard of the US. Since one of the partners was BP, it's unlikely that it will be restarted, but one never knows. A shame, in many ways, it would have been a huge economic boon to us and to the Canadian taxpayers.

I am not familiar with this specific project, but I have to agree with the possible benefits in the local community.

Do you know where the crude is currently being shipped for refining? I'll wager that it is in New Jersey... Too bad if that's the case. Nothing like extracting your own oil and shipping it away only to have to buy it back at a higher price.

 

[petros]

Ironically, there is a shortage of North American (possibly global) refineries that deal with heavy crude. It may be pretty interesting to see what happens on the world markets in the not so distant future.

Heavy Oil Upgraders are being built all over Nor Am as we speak. The price gap between heavy and light crude is rapidly narrowing and production of upgraded crude is poised to make a hefty jump this fall with CCRL coming expansion coming on-line.

I haven't heard any complaints about the refinery/upgrader here. People cheered when expansions were planned and executed.

The biggest benefit of the Upgraders in AB and SK is the training the tradesmen get. With men and women from Canada wide being here in SK and AB building refinery expansions gives the travel card guys experience to take home to ON, NS, NB, PQ, NL to build eastern facilities.

Upgraders can be added to any refinery that has the extra space. In reality there is extra space becoming available. There is no need for as vast a tank farm if your supply is non-stop from a pipe rather than arriving in mass quantity by sea.

Browse a little. There are numerous facilities being built or are in the planning stages. Our future is in heavy oil and a self-reliant North America is not that far away.

5-6 years i say.

 

[captain morgan]

Thanks for the info... I will take a look around the net on this.

 

[petros]

The key feature you'll miss out on in browsing is that these puppys are being built modular. Canadian tech is going to make this happen in a heartbeat.

Now if we can just get our mitts on the Orinoco.

 

[TenPenny]

The key feature you'll miss out on in browsing is that these puppys are being built modular. Canadian tech is going to make this happen in a heartbeat.

Now if we can just get our mitts on the Orinoco.

Yes, they are definitely modular. Wasn't there a huge component that was being brought from China, by barge up into Montana or Idaho, from where it was being trucked up to Kearl Lake?

 

[petros]

Yes, they are definitely modular. Wasn't there a huge component that was being brought from China, by barge up into Montana or Idaho, from where it was being trucked up to Kearl Lake?

From South Korea which is basically Americans that look and speak funny.

Transportation of South Korean-made modular units no easy feat – Journal of Commerce