bush_cheney2004 Posted June 7, 2011 Report Posted June 7, 2011 (edited) Then Time is wrong. I was a salesman in the oilpatch at the time, calling on GCOS and Syncrude. Sorry you believe your local propaganda. OK ...if it's worth fighting over...GCOS apparently has roots in Sunoco's Suncor subsidiary....which is/was....AMERICAN! History Suncor had its origins in Sun Oil Company's (now known as Sunoco) 1917 establishment of a Canadian subsidiary. After originally selling lubricating oil and kerosene, Sun began to open Sunoco-branded service stations in Toronto, Montreal, and Quebec City in 1930. After the Second World War, Sun added exploration and refining operations in Canada. Talk of developing the Athabasca oil sands began in the 1940s, and by the early 1950s Sun was taking concrete actions. It acquired some leases and formed Great Canadian Oil Sands (GCOS) Limited. Things progressed slowly until 1963, when Sun placed a major bet on a still largely unproven method of oil extraction by investing some $250 million in GCOS. At the time it was the largest single private investment in Canada. The funds were used to build the GCOS plant in Fort McMurray, Alberta, that opened in 1967 as the first commercial-scale oil sands processing facility. The following year crude oil began to flow from the facility through a pipeline to Sun’s refinery in Sarnia, Ontario. Key Dates: 1917: Sun Company begins operating in Montreal. 1930: The first Sunoco service stations are opened in Toronto, Montreal, and Quebec City. 1950: Lease 86 is acquired, the site of future oil sands development. 1953: Great Canadian Oil Sands Ltd. is incorporated. 1967: Construction of the first commercial-scale oil sands processing facility is completed. 1979: Canadian operations of Sun Company are combined with Great Canadian Oil Sands, creating Suncor Inc. 1991: Richard George is appointed Suncor's president and chief executive officer. 1992: Suncor completes its initial public offering of stock. 1997: Plans are announced for a massive expansion program called Project Millennium. 2001: Project Millennium moves from construction phase to production phase. 2002: Project Voyageur is expected to increase production to 550,000 barrels per day by 2012. Edited June 7, 2011 by bush_cheney2004 Quote Economics trumps Virtue.
RNG Posted June 7, 2011 Report Posted June 7, 2011 OK ...if it's worth fighting over...GCOS apparently has roots in Sunoco's Suncor subsidiary....which is/was....AMERICAN! History Suncor had its origins in Sun Oil Company's (now known as Sunoco) 1917 establishment of a Canadian subsidiary. After originally selling lubricating oil and kerosene, Sun began to open Sunoco-branded service stations in Toronto, Montreal, and Quebec City in 1930. After the Second World War, Sun added exploration and refining operations in Canada. Talk of developing the Athabasca oil sands began in the 1940s, and by the early 1950s Sun was taking concrete actions. It acquired some leases and formed Great Canadian Oil Sands (GCOS) Limited. Things progressed slowly until 1963, when Sun placed a major bet on a still largely unproven method of oil extraction by investing some $250 million in GCOS. At the time it was the largest single private investment in Canada. The funds were used to build the GCOS plant in Fort McMurray, Alberta, that opened in 1967 as the first commercial-scale oil sands processing facility. The following year crude oil began to flow from the facility through a pipeline to Sun’s refinery in Sarnia, Ontario. Key Dates: 1917: Sun Company begins operating in Montreal. 1930: The first Sunoco service stations are opened in Toronto, Montreal, and Quebec City. 1950: Lease 86 is acquired, the site of future oil sands development. 1953: Great Canadian Oil Sands Ltd. is incorporated. 1967: Construction of the first commercial-scale oil sands processing facility is completed. 1979: Canadian operations of Sun Company are combined with Great Canadian Oil Sands, creating Suncor Inc. 1991: Richard George is appointed Suncor's president and chief executive officer. 1992: Suncor completes its initial public offering of stock. 1997: Plans are announced for a massive expansion program called Project Millennium. 2001: Project Millennium moves from construction phase to production phase. 2002: Project Voyageur is expected to increase production to 550,000 barrels per day by 2012. I don't get your point here. Quote The government can't give anything to anyone without having first taken it from someone else.
bush_cheney2004 Posted June 7, 2011 Report Posted June 7, 2011 I don't get your point here. Of course you don't...you think GCOS/Suncor were "indigenous"! Quote Economics trumps Virtue.
RNG Posted June 7, 2011 Report Posted June 7, 2011 Of course you don't...you think GCOS/Suncor were "indigenous"! I worked there, they were. But don't let that inflated American ego be deflated, because that never happens. I know. How's them WMD? Quote The government can't give anything to anyone without having first taken it from someone else.
bush_cheney2004 Posted June 7, 2011 Report Posted June 7, 2011 (edited) I worked there, they were. But don't let that inflated American ego be deflated, because that never happens. I know. And GM is a Canadian car company....got it! How's them WMD? Great...Canada is buying some more right now from the US to bomb Libyans. Edited June 7, 2011 by bush_cheney2004 Quote Economics trumps Virtue.
Shwa Posted June 7, 2011 Report Posted June 7, 2011 Oh goody....Canada has some capital....now. That's cute! Wanna buy another railroad? So essentially you are admitting you have been wrong all along. Thanks for confirming that. No, I think you resent being aptly compared to a 1950's Saudi Arabia. Not at all. I just love it when you prove yourself to be wrong. Yep...that would include American capital. Ownership is not so much the issue as usage. Quote
bush_cheney2004 Posted June 7, 2011 Report Posted June 7, 2011 So essentially you are admitting you have been wrong all along. Thanks for confirming that. No, I am confirming that you want to ignore the historical role of American capital in such development in Canada. Not at all. I just love it when you prove yourself to be wrong. Then I was right. Ownership is not so much the issue as usage. Bill Withers said so many years ago, just like American capital! Quote Economics trumps Virtue.
Shwa Posted June 7, 2011 Report Posted June 7, 2011 No, I am confirming that you want to ignore the historical role of American capital in such development in Canada. No one is ignoring any such thing. The point that Canada has capital is the point I made, set and match. Thanks for coming out. Collect your participation trophy at the gift table. Next... Then I was right. With your admittance that you were wrong. Yes, that is correct. Bill Withers said so many years ago, just like American capital! Don't drag Bill Withers down... Quote
bush_cheney2004 Posted June 7, 2011 Report Posted June 7, 2011 No one is ignoring any such thing. The point that Canada has capital is the point I made, set and match. Thanks for coming out. Collect your participation trophy at the gift table. Next... Pretty hard to ignore the obvious once...errr....shoved in your face. Sorry, but the oil development trophies were being handed out over 50 years years ago. Your modern anecdote about arena naming rights is hardly a cause for celebration. Thank you for playing. Quote Economics trumps Virtue.
Oleg Bach Posted June 7, 2011 Report Posted June 7, 2011 Correct...without the American and other foreign capital investment, pipeline transport, refining capacity, and huge market, there would never have been any such thing. ....Should five per cent appear too small, Be thankful we don't take it all. So thankful....so very very thankful - just don't drone us to death and you can have even more. Quote
Shwa Posted June 8, 2011 Report Posted June 8, 2011 (edited) Pretty hard to ignore the obvious once...errr....shoved in your face. Sorry, but the oil development trophies were being handed out over 50 years years ago. Your modern anecdote about arena naming rights is hardly a cause for celebration. Thank you for playing. What is obvious is that your insight into this country and it's abilities is masked by an obvious and familiar strain of chauvinism. But that's OK, you're still wrong. Again. Edited June 8, 2011 by Shwa Quote
Molly Posted June 8, 2011 Report Posted June 8, 2011 (edited) What is obvious is that your insight into this country and it's abilities is masked by an obvious and familiar strain of chauvinism. But that's OK, you're still wrong. Again. So why feed the troll? The pony only has one poor trick. Surely you were tired of it after the first 137 times a conversation was interrupted and ultimately scuttled so that it could be repeated again and again and again... Edited June 8, 2011 by Molly Quote "Pay no attention to the man behind the curtain!" — L. Frank Baum "For Conservatives, ministerial responsibility seems to be a temporary and constantly shifting phenomenon," -- Goodale
bush_cheney2004 Posted June 8, 2011 Report Posted June 8, 2011 What is obvious is that your insight into this country and it's abilities is masked by an obvious and familiar strain of chauvinism. But that's OK, you're still wrong. Again. I love being wrong this way...anytime somebody points to an American subsidiary (i.e. Sun Oil) as the basis of their argument means that those damn 'merkins have really been successful. Quote Economics trumps Virtue.
bush_cheney2004 Posted June 8, 2011 Report Posted June 8, 2011 So why feed the troll? Because they can't help themselves. The pony only has one poor trick. Surely you were tired of it after the first 137 times a conversation was interrupted and ultimately scuttled so that it could be repeated again and again and again... ...and again. Stay on point and pound it home. If you can't take it...don't dish it out. Quote Economics trumps Virtue.
Shwa Posted June 8, 2011 Report Posted June 8, 2011 I love being wrong this way...anytime somebody points to an American subsidiary (i.e. Sun Oil) as the basis of their argument means that those damn 'merkins have really been successful. Anyone that has to persistently use Canada as a foil proves that "marekin" ain't too bright. Probably has self-esteem issues too. Quote
bush_cheney2004 Posted June 8, 2011 Report Posted June 8, 2011 Anyone that has to persistently use Canada as a foil proves that "marekin" ain't too bright. Probably has self-esteem issues too. Bright enough to have you parroting back what you have been told. See...it works. Probably is more fun than a bathtub full of (American) otters. Quote Economics trumps Virtue.
Shwa Posted June 9, 2011 Report Posted June 9, 2011 Bright enough to have you parroting back what you have been told. See...it works. Probably is more fun than a bathtub full of (American) otters. But still not bright enough to make the point and hide behind little dodge attempts. Quote
Jerry J. Fortin Posted June 9, 2011 Report Posted June 9, 2011 Oh goody....Canada has some capital....now. That's cute! Wanna buy another railroad? Hunter almost killed the IC, but it is in better shape now. CN has great position in railroad terms. No, I think you resent being aptly compared to a 1950's Saudi Arabia. I think they may have fared better than we! Yep...that would include American capital. Yes American capital was of great help. Thank you very much. Quote
bush_cheney2004 Posted June 9, 2011 Report Posted June 9, 2011 But still not bright enough to make the point and hide behind little dodge attempts. Well, in this case, how bright does one need to be? The history of Sun Oil is well documented....sorry. Quote Economics trumps Virtue.
bush_cheney2004 Posted June 9, 2011 Report Posted June 9, 2011 Hunter almost killed the IC, but it is in better shape now. CN has great position in railroad terms. Sure does, and I wish it well. I think they may have fared better than we! Only because of the nature and quantity of easily recovered sweet crude. Yes American capital was of great help. Thank you very much. You are most certainly welcome. Just don't pull a Cuba on us. Quote Economics trumps Virtue.
Jerry J. Fortin Posted June 9, 2011 Report Posted June 9, 2011 '679692Sure does, and I wish it well. So do I, 34 more months to retirement! Only because of the nature and quantity of easily recovered sweet crude. Yeah they have a economic advantage for sure. Yet the Royal family eats all the money over there, not sure whether it filters down properly or not, none of my business really. Their money and they can do what they want with it. You are most certainly welcome. Just don't pull a Cuba on us. I think not! Alberta has good working relations with the USA. We owe them that at least. In order to keep that relationship solid, we need to talk! We can benefit greatly from each other, already have, are continuing to do so, and shall do so in the future. We are actually very alike, because we both want to just get it done, whatever it is. Quote
Shwa Posted June 9, 2011 Report Posted June 9, 2011 Well, in this case, how bright does one need to be? The history of Sun Oil is well documented....sorry. Bright enough to cease with the endless dodging when you are proven wrong. That is "well documented" also. Quote
bush_cheney2004 Posted June 9, 2011 Report Posted June 9, 2011 Bright enough to cease with the endless dodging when you are proven wrong. That is "well documented" also. There is/was nothing to prove wrong. How can I be wrong about the well documented American and other foreign investment capital for Canada over 50 years ago? Canada lacked the capital, and vigorously pursued such investment as a matter of policy well into the 1990's. Quote Economics trumps Virtue.
Shwa Posted June 9, 2011 Report Posted June 9, 2011 There is/was nothing to prove wrong. How can I be wrong about the well documented American and other foreign investment capital for Canada over 50 years ago? Canada lacked the capital, and vigorously pursued such investment as a matter of policy well into the 1990's. Attracting and vigorously pursuing foreign investment is STILL a matter of policy in Canada. But that does not equate to Canada not having capital to invest in anything she chooses to. I mean seriously B-C... Quote
thepatrickblack Posted June 9, 2011 Report Posted June 9, 2011 Attracting and vigorously pursuing foreign investment is STILL a matter of policy in Canada. But that does not equate to Canada not having capital to invest in anything she chooses to. I mean seriously B-C... All that being said, Gentlemen, there are many energy opportunities available to Canada now. Is there value to crafting a new National Energy Policy (try to get past the historical baggage)? Something that can guide the country's decision makers to clean, affordable energy. Quote
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