Is Saskatchewan less landlocked than Alberta? Is Saskatchewan’s heavy oil being extracted and processed like Alberta’s?Why would it be concern for Alberta when Saskatchewan is the King of Heavy Oil?
Is Saskatchewan less landlocked than Alberta? Is Saskatchewan’s heavy oil being extracted and processed like Alberta’s?Why would it be concern for Alberta when Saskatchewan is the King of Heavy Oil?
Doesn't matter. Heavy crude isn't bitumen.Is Saskatchewan less landlocked than Alberta? Is Saskatchewan’s heavy oil being extracted and processed like Alberta’s?
How is Heavy crude or Bitumen (or it’s refined products) exported from either Saskatchewan or Alberta for the most part (?) and to where?Doesn't matter. Heavy crude isn't bitumen.
Does it matter?How is Heavy crude or Bitumen (or it’s refined products) exported from either Saskatchewan or Alberta for the most part (?) and to where?
It will, ‘if’ let’s say Trump through his second and third terms (?) can bring Venezuela online to export its crude almost exclusively to the US Gulf Coast, replacing a 1/4 to 1/3 of Canadian exports to the U.S., if Canada doesn’t have significant access to otherDoes it matter?
Trump and you will be dead long before Venezuela production becomes a threat.It will, ‘if’ let’s say Trump through his second and third terms (?) can bring Venezuela online to export its crude almost exclusively to the US Gulf Coast, replacing a 1/4 to 1/3 of Canadian exports to the U.S., if Canada doesn’t have significant access to otherbasketsmarkets like China or India or other points East of B.C.? What will happen to the WCS price in this scenario?
Venezuela’s current production I’m assuming it’s about 1 million barrels a day, right now, but it’s spread out to several different nations in export (biggest going to China, next biggest portion being America). What if all production now goes to America? That can happen in a fairly short amount of time without having to double or triple production, etc…Trump and you will be dead long before Venezuela production becomes a threat.
If it all goes to US it frees up a fuck tonne of rail tankers to haul to our coasts.Venezuela’s current production I’m assuming it’s about 1 million barrels a day, right now, but it’s spread out to several different nations in export (biggest going to China, next biggest portion being America). What if all production now goes to America? That can happen in a fairly short amount of time without having to double or triple production, etc…
Expanded production can be a decade or two, but diverted production…can be what? A year or two, more or less?
Think of your own household budget. Gross income minus expenses = what you have to play with and make life interesting. Then take 25% off the top of that. Does that change your lifestyle?
What are you on about Trumps second or third term . Have you looked at the man lately ? He is no longer the picture of health . I will be surprised if he lasts through his full term .It will, ‘if’ let’s say Trump through his second and third terms (?) can bring Venezuela online to export its crude almost exclusively to the US Gulf Coast, replacing a 1/4 to 1/3 of Canadian exports to the U.S., if Canada doesn’t have significant access to otherbasketsmarkets like China or India or other points East of B.C.? What will happen to the WCS price in this scenario?
Towards the end of his last term, Biden was a finger puppet and yet he stayed in office until that debate lasted longer than his Adderall dosage. Reagan for his last term couldn’t even stay awake most of the time, etc…What are you on about Trumps second or third term . Have you looked at the man lately ? He is no longer the picture of health . I will be surprised if he lasts through his full term .
That sure sounds like a bottleneck to be held hostage to rail strikes just getting there, and the same infrastructure to get it onto tankers once it gets there, etc…& I’m not saying that can’t be part of a solution, but it would be ‘part’ of ‘a’ solution.If it all goes to US it frees up a fuck tonne of rail tankers to haul to our coasts.
Nowhere deep enough.Seriously, play this last video above with your eyes closed and just listen.
The Burnaby terminal shoe size is 22 Canoe.That sure sounds like a bottleneck to be held hostage to rail strikes just getting there, and the same infrastructure to get it onto tankers once it gets there, etc…& I’m not saying that can’t be part of a solution, but it would be ‘part’ of ‘a’ solution.
If your shoe size is size 11 and you’re still a growing boy, and somebody gives you a pair of shoes that are size 8, exchanging the size 8 shoes for size 9 shoes is better…but it’s not ideal by any means.