Where we are today
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Yup - the pipeline will allow more oil to be put on the international market which will allow for higher prices. Good thought. It's working for liquid gas. We should see much higher heating bills next year. Remember, it ain't about the little people. Even big energy companies need to feed themselves.
wrote on 25 Feb 2025, 23:51 last edited by@kluurs said in Where we are today:
Yup - the pipeline will allow more oil to be put on the international market which will allow for higher prices. Good thought. It's working for liquid gas. We should see much higher heating bills next year. Remember, it ain't about the little people. Even big energy companies need to feed themselves.
Take that up with that Oklahoma pipeliner. The welders, the fitters, the dirt people and the guys that man the pumping stations.
Jobs. Good paying jobs.
Secondly, how does more supply equate with higher prices?
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@kluurs said in Where we are today:
Yup - the pipeline will allow more oil to be put on the international market which will allow for higher prices. Good thought. It's working for liquid gas. We should see much higher heating bills next year. Remember, it ain't about the little people. Even big energy companies need to feed themselves.
Take that up with that Oklahoma pipeliner. The welders, the fitters, the dirt people and the guys that man the pumping stations.
Jobs. Good paying jobs.
Secondly, how does more supply equate with higher prices?
wrote on 26 Feb 2025, 00:04 last edited by@Jolly said in Where we are today:
Secondly, how does more supply equate with higher prices?
We make more than enough liquid gas for the US - but we now are exporting more than ever - thus, rising prices even though the supply has never been greater.
Currently, the US gets a great deal on Canadian oil as we are most of their market. The supply won't be increasing so much as the market will be expanded. Thus, instead of a bargain price, oil companies will sell the oil internationally at higher prices. Canada hasn't been motivated to look for new markets - as we were "friends" - but now that we're not friends and tariffs are being threatened, Canada has motivation to look for new ways to get their oil to a broader market.
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wrote on 26 Feb 2025, 00:07 last edited by
They would be fools not to open up more west coast access after what Trump has done.
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wrote on 26 Feb 2025, 00:13 last edited by Renauda
Some of us here in Alberta are looking to either cap the oil and gas flow south or turn it back a tad or more if Trumpigula's punitive sanctions together with his rhetoric continue for any length of time. Constitutionally, the provinces have the regional power to do just that with any onshore natural resource mined inside their territory. We also have full jurisdiction over pipelines and what and how much gets shipped in them. Think about it.
And yes, Trumpigula is despised across the political spectrum here. Even Maxine Bernier’s far right party loathes him.
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wrote on 26 Feb 2025, 00:25 last edited by
He’s a uniter.
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wrote on 26 Feb 2025, 01:01 last edited by
He might make Canada Great Again. Will be short term pain, but conservatives have been pushing to build more pipelines and ports for a while. They’ve been shut down because of climate concerns.
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He might make Canada Great Again. Will be short term pain, but conservatives have been pushing to build more pipelines and ports for a while. They’ve been shut down because of climate concerns.
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wrote on 26 Feb 2025, 01:19 last edited by xenon
It’d mean higher prices for the US in the long term, but you can’t win them all.
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He might make Canada Great Again. Will be short term pain, but conservatives have been pushing to build more pipelines and ports for a while. They’ve been shut down because of climate concerns.
wrote on 26 Feb 2025, 01:23 last edited by Renauda@xenon said in Where we are today:
He might make Canada Great Again. Will be short term pain, but conservatives have been pushing to build more pipelines and ports for a while. They’ve been shut down because of climate concerns.
The Harper Conservatives could have built all the pipelines that were proposed but they chose instead to dither. Trudeau accomplished more with pipelines than Harper. I don’t buy the argument that it would have any different under a CP government from 2019. We would be exactly where we are today.
Not entirely climate concerns. Industry enthusiasm has been between lukewarm and cold. Different provincial governments, regulatory issues, aboriginal land claims and right of ways as well. Other than Trans Mountain 2 line (which in the end, needed the Federal Govt to take over for completion) has been little appetite for any major pipeline projects to the east or to the northwest toward Prince Rupert.
If that changes, the US can build XL but we may choose by then to sell into other more reliable and lucrative markets. In case should that happen it will be complete only after Trumpigula’s mummy has been laid to rest in its MAGAt Mausoleum on the Mall in Washington DC.
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wrote on 26 Feb 2025, 01:24 last edited by
@xenon said in Where we are today:
It’d mean higher prices for the US in the long term, but you can’t win them all.
You can't spell magnanimity without MAGA.
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@xenon said in Where we are today:
It’d mean higher prices for the US in the long term, but you can’t win them all.
You can't spell magnanimity without MAGA.
wrote on 26 Feb 2025, 01:24 last edited by@Horace said in Where we are today:
@xenon said in Where we are today:
It’d mean higher prices for the US in the long term, but you can’t win them all.
You can't spell magnanimity without MAGA.
Touché
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wrote on 26 Feb 2025, 02:37 last edited by
“Nay, Mini Magat” is an anagram of magnanimity.
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wrote on 26 Feb 2025, 02:50 last edited by
American farmers will feel it as well - as Canadians are sourcing more goods from elsewhere as a result of DJT's tariffs initiative. There's a new huge Canadian Facebook group where people are working to purchase more from Canadian sources and when that doesn't work, buy from anywhere other than the US.
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wrote on 26 Feb 2025, 03:09 last edited by
So it’s the pipeline that he’s after…
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wrote on 26 Feb 2025, 03:14 last edited by Renauda
Yes when we go grocery shopping we not only check the sodium and sugar level per serving but where the product is made or processed. So do our friends. There are always alternatives to made in USA. Likewise, American owned big box stores are now retail outlets of last resort for durables and hardware. People are also canceling their vacation plans to the US.
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So it’s the pipeline that he’s after…
wrote on 26 Feb 2025, 03:18 last edited by -
So it’s the pipeline that he’s after…
wrote on 26 Feb 2025, 03:22 last edited by Renauda@LuFins-Dad said in Where we are today:
So it’s the pipeline that he’s after…
Nope
….and the company isn’t interested in coming back either.