Largest oil drop in history underway, analysts say

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Hoid

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Who would be stupid enough to have bought the trans mountain pipeline?
 
petros

petros

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You do realize more crude will now flow to port now rather than finished product for BC consumers? Gas is going to skyrocket in your market.
 
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petros

petros

The Central Scrutinizer
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petros said:
You do realize more crude will now flow to port now rather than finished product for BC consumers? Gas is going to skyrocket in your market.
Click to expand...
Looks like it's already happening in Comox. The two stations with the lowest prices truck their fuel in from Saskatchewan.
Chevron is Parkland BBY and Shell Washington and both reliant of TMPL pipeline "batches".
 
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H

Hoid

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11:51 am CST 18/03/2020

Canadian Crude Index
8.870 -36.00%

Quick! Let's increase pipeline capacity!
 
Tecumsehsbones

Tecumsehsbones

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Hoid said:
Who would be stupid enough to have bought the trans mountain pipeline?
Click to expand...
I know, right? It's like buying the five-gallon bucket of mustard at Costco!

Who needs five f*cking gallons of mustard?

Who needs a whole damn pipeline? Coupla miles is plenty.

Ya know the guy who bought the whole thing fell for the "volume discount" bullshit.
 
H

Hoid

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Here we are stuck with the $4.5 billion 65 year old pipeline used for a product nobody wants.

And we're going to spend another $10 billion expanding it?

Only the Canadian federal government could get fleeced like that.
 
Tecumsehsbones

Tecumsehsbones

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Mar 18, 2013
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Hoid said:
Here we are stuck with the $4.5 billion 65 year old pipeline used for a product nobody wants.
And we're going to spend another $10 billion expanding it?
Only the Canadian federal government could get fleeced like that.
Click to expand...
Hey, don't feel bad. You won't be the first man to spend a lot of money trying to expand his pipeline, hoping it'd make a difference.
 
H

Hoid

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That's $15 billion we could use saving Canadians from coronavirus instead of trying to save a dying industry from reality.
 
petros

petros

The Central Scrutinizer
Nov 21, 2008
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Hoid said:
Here we are stuck with the $4.5 billion 65 year old pipeline used for a product nobody wants.
And we're going to spend another $10 billion expanding it?
Only the Canadian federal government could get fleeced like that.
Click to expand...
You are relying on it.
 
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