Oil downturn drives 'Alberta invasion' across B.C. border

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
The mfg sector in AB is doing quite well due to the low CAD... Lots of oilfield stuff like top drives, wireline trucks and whatnot being ordered and shipped South (and abroad).

Guess we're a little too busy with that and really there isn't any impetus to get into the siding mfg business.



Nope, not even at the operators shack(s) at the leases

Not that I would believe you in the first place but you really have no shame when you make these kind of posts lol
 

AnnaG

Hall of Fame Member
Jul 5, 2009
17,507
117
63
Hubby played with life-sized Meccano set for a while. He worked for a outfit called National Tank building and assembling tanks and scaffolding and catwalks and stuff like that. He says places like Red Earth and High Level (in AB) can get kind of nipply in the winter but they are really interesting places.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36

I work in the architectural construction industry, maybe you could tell me some of the projects you've worked on. I do a lot of work in the Toronto area, and around north America, maybe we've worked on the same projects.


Recent ones over the last year ...

BMO Field, the new Mills Mall in Tswassen, the PanAm Games Aquatic facility, new airport construction all over the world ... Bali, Montego Bay, Soeul,
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
Financial Post: Oilsands boom dries up in Alberta, taking thousands of jobs with it



Oilsands boom dries up in Alberta, taking thousands of jobs with it

FORT McMURRAY, Alta. — At a camp for oil workers here, a collection of 16 three-story buildings that once housed 2,000 workers sits empty. A parking lot at a neighboring camp is now dotted with abandoned cars. With oil prices falling precipitously, capital-intensive projects rooted in the heavy crude mined from Alberta’s oilsands are losing money, contributing to the loss of about 35,000 energy industry jobs across the province.

more
Oilsands boom dries up in Alberta, taking thousands of jobs with it
 
Last edited by a moderator:

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
63
RR1 Distopia 666 Discordia
Re: Financial Post: Oilsands boom dries up in Alberta, taking thousands of jobs with

.... And billions of dollars in transfer payments.

Looks like you'll be having a blue Christmas Flossy

All kidding aside, those billions don't look like they'll be back any time soon. It hard to understand why the oil sands got off the ground in the first place unless you consider politics and rumours of war. The strangle hold on oil prices looks to be coming apart and the US dollar with it. I really can't see any future in oil that heavy.
 

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
63
RR1 Distopia 666 Discordia
The downturn is permanent!






Oh Oil, where is thy peak?

Column: Economics
Region: USA in the World


There are two great myths used in recent years to convince the world of imminent catastophe unless we drastically change our living style in the direction of austerity. Both myths are based on scientific fraud and uncritical propagation by sympatheic mainstream and even some alternative media. One is the idea that world climate is warming, or at least “changing,” owing almost solely to us, to our man-made emissions. The second great myth, launched first in 1956 in Houston Texas by an employee of one of the world’s largest oil companies, was dusted off some 15 years ago at the start of the Dick Cheney-George W. Bush Administration. It’s called the theory of Peak Oil.
more Oh Oil, where is thy peak? | New Eastern Outlook

How oil is ‘born’
The accepted oil industry explanation holds that oil is a finite resource, a so-called fossil fuel, biological in origin, that was created hundreds of millions of years ago by the death of dinosaurs whose detritis by some yet-unidentified physical process transformed into hydrocarbons. The claim is that concentrated biological detritis somehow sank deep into the earth—the world’s deepest oil drillling in Russia’s Sakhalin region, drilled by Exxon, is more than 12 kilometers deep. There it supposedly flowed into underground pockets they call reservoirs. Others say also algae and tree leaves and other biological decayed matter added to the process.
In the 1950s a group of Soviet scientists was tasked with making the USSR self-sufficient in oil and gas as the Cold War heated up. The first step in their research was to critically investigate all known scientific literature on origins of hydrocarbons. As they looked closely at the so-called fossil fuel theory of oil, they were amazed how unscientific it was. One physicist estimated that for the huge oil that has come out of one giant well, Ghawar, in Saudi Arabia, it would require a block of dead dinosaurs, assuming 100% conversion of meat and bone to oil, that would reach 19 miles wide, deep and high. They soon looked for other explanations for the birth of oil.
They made exhaustive tests in the deep-earth research labs in Moscow of the Soviet military. They developed the brilliant hypothesis that oil was constantly being created deep in the bowels of the Earth below the mantle. It pushes upward towards the surface passing through beds of various elements such as ferrite. They did repeated laboratory experiments producing hydrocarbons under tempetrature and pressure imitating that in the mantle. These migration channels, as the Soviet scientists termed them, were fissures in the mantle caused over millions of years under the expanding of the earth and forced by the enormous temperatures and pressures inside the mantle. The path the initial methane gas takes upwards towards the surface determines whether it emerges and collects as oil or as gas, as coal, as bitumen as in Canada’s Athabasca Tar Sands, or even as diamonds which are also hydrocarbons. The Russian and Ukrainian scientists also discovered, not surprisingly, that every giant oilfield was “self-replentishing,” that is new oil or gas is being constantly pushed up from inside the mantle via the faults or migration channels to replace oil withdrawn. Old oilwells across Russia that were pumped far beyond their natural full rate during the end of the Soviet era when maximum production was considered highest priority, were then shut, considered exhausted. Twenty years later, according to Russian geophysicists I have spoken with, those “depleted” wells are being reopened and, lo and behold, completely refilled with new oil.
The Russians have tested their hypothesis to the present day, though with little support until now from their own government, whose oil companies perhaps feared that a glut of new oil would collapse oil prices. In the west, the last thing Exxon or other Anglo-American oil majors wanted was to lose their (once) iron grip on the world oil market. They had no interest in a theory that would contradict their Peak Oil theory.
Today a geopolitical decision by Saudi Arabia to wipe out the market-disturbing recent emergence of the United States as world’s largest oil producer owing to the major increase in shale oil production, has temporarily collapsed world oil prices from over $100 a barrel in July 2014 to around $43 today in the US market. That is leading to a dramatic cut-back in oil exploration around the world. In a fair world, oil or gas should be available at affordable prices to every nation to serve its own energy requirements and not the monopoly of a tiny cartel of British or American companies. Good to know is the fact that the oil and gas are there in super-abundance that we need not freeze in the dark or turn to windmills until the time mankind develops completely different forms of energy that are clean and earth-friendly. Wars to control oil or gas would become silly nonsense.
F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”.
First appeared: Oh Oil, where is thy peak? | New Eastern Outlook


Aberta oilsands are doomed!
 

MHz

Time Out
Mar 16, 2007
41,030
43
48
Red Deer AB
I wonder how many decades before people realize you can drive on it and it doesn't blow away with the wind.
 

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
63
RR1 Distopia 666 Discordia
I wonder how many decades before people realize you can drive on it and it doesn't blow away with the wind.

They can pave the whole province? It's too heavy to ship by rail very far, that's why they have to squeeze the oil out of it now. They'd have to pave the whole planet to recover thier money, I mean our money.


The war is about shutting off the terrorist oil producers especially them that don't care about dollars. Alberta's the first victim. It won't be long before we have to send them relief fish again. We got lots of oil down here.

Breaking the monopoly on hydro carbons will actually promote it's wide spread responsible use. As long as the sun shines there will be oil. We will use it to get off this goddamn planet.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
28,429
148
63
A Mouse Once Bit My Sister
Re: Financial Post: Oilsands boom dries up in Alberta, taking thousands of jobs with

you really have no clue, do you?

Ahhh, good times.

Get back to me when you have played in this sector and succeeded.

We'll talk then

The downturn is permanent!

Oh Oil, where is thy peak?

Funny.. I was just a kid when this was being bandied-about, but the same sheep seem to yearn to be fleeced this time around too.

Jimmy Carter — the peak oil president - Salon.com



Proposed Energy Policy . Jimmy Carter . WGBH American Experience | PBS
Jimmy Carter delivered this televised speech on April 18, 1977.



"Because we are now running out of gas and oil, we must prepare quickly for a third change, to strict conservation and to the use of coal and permanent renewable energy sources, like solar power."



.. And more recently,
Jimmy Carter: The World Will Run Out of Oil in 2011 ...

Which leads us to the current MSM dictates that we are awash in oil, therefore, the low cost of the commodity... Sorry bud, the oilsands are in their infancy and will be thriving for the next 50 years
 

CDNBear

Custom Troll
Sep 24, 2006
43,839
207
63
Ontario

I work in the architectural construction industry, maybe you could tell me some of the projects you've worked on. I do a lot of work in the Toronto area, and around north America, maybe we've worked on the same projects.


Recent ones over the last year ...

BMO Field, the new Mills Mall in Tswassen, the PanAm Games Aquatic facility, new airport construction all over the world ... Bali, Montego Bay, Soeul,
Oh ya, BMO Field. We were heavily involved in BMO Field. We'll be heavily involved in next years work as well.

What exactly did you do, and for what firm?



Oilsands boom dries up in Alberta, taking thousands of jobs with it

FORT McMURRAY, Alta. — At a camp for oil workers here, a collection of 16 three-story buildings that once housed 2,000 workers sits empty. A parking lot at a neighboring camp is now dotted with abandoned cars. With oil prices falling precipitously, capital-intensive projects rooted in the heavy crude mined from Alberta’s oilsands are losing money, contributing to the loss of about 35,000 energy industry jobs across the province.

more
Oilsands boom dries up in Alberta, taking thousands of jobs with it
Because ActionPlan Canada's mandate was only the oilsands, lol.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36
Oh ya, BMO Field. We were heavily involved in BMO Field. We'll be heavily involved in next years work as well.

What exactly did you do, and for what firm?

Because ActionPlan Canada's mandate was only the oilsands, lol.
You must work for PCL.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36
Oh ya, BMO Field. We were heavily involved in BMO Field. We'll be heavily involved in next years work as well.

What exactly did you do, and for what firm?

Because ActionPlan Canada's mandate was only the oilsands, lol.
You must work for PCL.

I have no intention of saying who I work for on an open forum like this and neither should you, if you had any brains, junior.

So what firm did you get your drawings from? Since the designs weren't done by your company?

Again, I wouldn't divulge that to a snotty little sh1t like you in an open forum like that in a million years.

PCL, right? That must be who you work for. I'm sure that your bosses will be mightily impressed with you as they read what you post on here.
 

petros

The Central Scrutinizer
Nov 21, 2008
118,602
14,561
113
Low Earth Orbit
PeopleComeLast? My bro owns the 10th building they built.

Oh ya, BMO Field. We were heavily involved in BMO Field. We'll be heavily involved in next years work as well.

What exactly did you do, and for what firm?

Because ActionPlan Canada's mandate was only the oilsands, lol.

mentalflaws neds to look into how much of his industry was publiclly funded and compare to resources.

He'd never bitch about actionplan or tax credits ever again.
 

CDNBear

Custom Troll
Sep 24, 2006
43,839
207
63
Ontario
You must work for PCL.

I have no intention of saying who I work for on an open forum like this and neither should you, if you had any brains, junior.
lol...

I knew you were full of sh!t. I didn't ask who you worked for, I asked what firm you got your drawings from, since you didn't design anything for BMO. The designs came from an outside firm, lol.

Again, I wouldn't divulge that to a snotty little sh1t like you in an open forum like that in a million years.
My my, someone is upset that they got outed as a fraud, lol.

PCL, right? That must be who you work for. I'm sure that your bosses will be mightily impressed with you as they read what you post on here.
Bwaaahaha, and a rat too.

I love you little girls that get exposed and want to run to the real world and exact revenge. Please go right a head and embarrass yourself, lol.

BTW, my real name is Bear, seriously, feel free to make sure you pass that along, LMAO! You want PCL's corp # or HR's#?

mentalflaws neds to look into how much of his industry was publiclly funded and compare to resources.

He'd never bitch about actionplan or tax credits ever again.
He'd bitch anyways, he's too emotionally invested in his hate for Harper, lol.
 

petros

The Central Scrutinizer
Nov 21, 2008
118,602
14,561
113
Low Earth Orbit
I can't say who I'm working for, Harper won't let me. I'd rather be at home but I have a million kids to put through daycare.