Encana to moves to the U.S. - more job losses for Alberta
- Thread starter B00Mer
- Start date
If they survive the start up period that they still seem to be in.There's always a strong opportunity in Tesla!
One thing is certain. If Tesla fails, another will take it's place then another and another. The only hope to grow oil is to grow the Earth's population but you are in a losing race with the technology that will eventually replace you.
Seen a lot of growth in the value of oil over the last decade?
There might be. FedEx needed to be capitalized three times. Seems to be doing OK now.There's always a strong opportunity in Tesla!
What's up with you, Cap? You're usually not like this.
Everything OK?
The Calgary oil towers are emptying out and it's someone else's fault sez the rooti-tootin he-men.
Yeah, sure... tesla has been in it's 'start up' period for around 15 years now... Still no profits
Like Solyndra?
The 2 largest populations on the planet representing almost a third of the global pop can't get enough oil/gas and are clearly angling for as much as possible for the future
"Jamnagar refinery is the world’s largest oil refinery with an aggregate capacity of 1.24 million barrels per day (bpd). The refinery complex is located at Jamnagar in Gujarat, India. It is owned and operated by Reliance Industries. The refinery complex is spread across 7,500 acres and has more than 50 process units which refine the basic feedstock, crude oil to obtain various finished products."
The nature of the sector is cyclical, it's the way it always has been
Encana is Natural gas they have a different division for Oil, so sorry try again
With tater tot at the helm, it was the only decision available.
... All the corp taxes will now go to benefiting Colorado and the US Feds, but don't forget, they will be still producing and selling CDN oil
Yeah, pretty much. Do you think that the failure of Solyndra doomed the solar-energy industry?
How about the failure of Studebaker? Did that kill off the automobile industry?
Never said that, but since you brought it up, Solyndra failed (in large part) due to the economics relative to the demand domestically and abroad... Put simply, the cost/benefit analysis could not justify their price compared to international competitors or (especially) alternatives like oil/gas, nuclear or coal.
Quite true. Just as FedEx operated at such a deficit that it required re-capitalization twice before it took off.
You know, because you've already said, that energy will be an increasing mix of providers, with fossil shrinking as solar, wind, possibly nuclear, and sources that are now in the laboratory, or even merely theoretical stage, come online. And there will be government interference in the markets along the way, just as there has been with the development of rail, road, aviation, telecommunications, shipping, steel, and every other major industry in history. Why trouble yourself with the True Believers on either side of the issue?
I'm happy to talk with you about whether any particular measure is a good idea or a bad idea, but really, why bother with the trolls?
Forty years ago, Kodak was the colossus of the Imaging industry. Nobody was going to knock Big Yellow off of their stratospheric perch.
Up a mere 1700% since 2010There's always a strong opportunity in Tesla!
Encana is an even worse performer than Husky.
If that's even possible
Well thing in the USA and Canada are moving slower than in Norway, Germany and other Europe countries Hydrogen Fuel..
Hemp is being used more and Hydrogen cars.. which I strongly believe is the future..
Hydrogen car have the distance and Gasoline vehicle, cheaper to fuel and no pollution, just water.
http://www.scandinavianhydrogen.org/h2moves-scandinavia/
https://www.wired.com/2006/05/norways-hydroge/
https://www.greentechmedia.com/articles/read/californias-hydrogen-highway-runs-through-my-backyard
https://en.wikipedia.org/wiki/BC_hydrogen_highway
I have $250,000+ invested in stocks with FuelCell Energy and Plug Power. It is the future.
So, does that mean that my heating costs are going to go down because of the more efficient and profitable gas companies that are surviving up here?
With the wet harvest and the liquification plants coming online your gas prices are going up, still not what happened to Encana though
I hear ya on the trolls.
In terms of renewables and conversion to electricity, it's only an issue of 'when', not 'if'.
Storage is poised to be one of the big factors that will cause the 'when' to get into gear fully.... Another related issue that will rear-up will be infrastructure concerns relative to distribution of the far larger amounts of electricity to the end consumer.
I can't help but wonder what a city like London, Rome or Paris will do in order to accommodate this transition... Consider the hiccups that were experienced in transitioning from foot and horse traffic to vehicular useage. Hell some of the European cities have original lane ways (I know it's a poor choice of words) that remain barely accessible to small vehicles, I can't begin to imagine the engineering nightmare of a complex distribution network of cables to be set beneath the top side structures.
All in all though, a solution will evolve and likely a compact storage solution may in fact solve large elements of the distribution concerns that I have mentioned