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Energy East is done.


PIK

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Do to interference from the liberals, trans canada has quit. But this remark from Carr is interesting.

 

''Mr. Carr said Ottawa's job is to regulate in Canada. He added the Liberals are not prepared to engage in a "race to the bottom" to match environmental regulations in Venezuela or Saudi Arabia.''

 

 So without pipelines I guess that is where our oil will come from. lol

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58 minutes ago, PIK said:

Do to interference from the liberals, trans canada has quit. But this remark from Carr is interesting.

 

''Mr. Carr said Ottawa's job is to regulate in Canada. He added the Liberals are not prepared to engage in a "race to the bottom" to match environmental regulations in Venezuela or Saudi Arabia.''

 

 So without pipelines I guess that is where our oil will come from. lol

Canada is simply not a place or business to invest any more. I said that some time ago. Don't expect this government to approve ANY resource development projects - unless they come from natives, of course. Foreign businesses are withdrawing their investments and Canadian corporations are investing tens of billions anywhere but Canada.

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When trudeau is done  there will be no more pumping and no more logging  and no more white people. I can't understand the hate he has for the people that built this country ,so he can live as a trust fund baby and even have the power to raise taxes on everyone,except himself.

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20 minutes ago, PIK said:

I can't understand the hate he has for the people that built this country

Another false claim.  I have no love for Trudeau but your rhetoric just comes across as angry bullhorning here.  I'm getting tired of it.  Are you eventually going to back up your claims or no ?  

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58 minutes ago, Michael Hardner said:

Another false claim.  I have no love for Trudeau but your rhetoric just comes across as angry bullhorning here.  I'm getting tired of it.  Are you eventually going to back up your claims or no ?  

I don't have to, trudeau does it for me . But when a leader calls out white supremacy because a black guy went nuts, tells me alot. When he calls Canadians ,canadians by default and the all mighty immigrant is the real canadian, that he is jealous of. that tells me alot. And you know what mike you complete lack of knowledge on this ,is really started to get tiresome. When he gives a convicted terrorist 10.5 million dollars tells me alot. If you don't like it, put something up to prove me wrong or ban me. Have a nice weekend mike.

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12 minutes ago, PIK said:

And you know what mike you complete lack of knowledge on this ,is really started to get tiresome.

Complete lack of knowledge of Trudeau saying he hates white people ?  Of Ontario implementing Sharia law ?

You're right, I have no knowledge of that and sorry to stress you out by asking you to back up your false claims.  Because you don't seem to know how this works, YOU are responsible for backing up what you post.  It's MLW 101 and I"m surprised I have to spoonfeed people on this again and again.  

The weekend starts tomorrow.  See yourself out.

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The time to have made hay with Canada's oil sands was decades ago.

Count me in the leave-it-in-the-ground crowd now.  There are less harmful sources of oil in the world that will suffice until carbon is mostly phased out so who needs it...Alberta? Like I said, the time for Alberta to make hay with their oil sands was decades ago.  There's no excuse whatsoever to say it couldn't or shouldn't have been done, not with the example Norway provided and as evidenced by their possession of largest sovereign fund in the known universe.

I chalk our failure up to a combination of our misbegotten constitution coupled with some of the slackest institutions of official accountability in the developed world.  The former is unable to deal with the latter because our political system is loath to open up the former to change.

Stuck between a stupid and a selfish place we are.    

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4 hours ago, eyeball said:

The time to have made hay with Canada's oil sands was decades ago.

Count me in the leave-it-in-the-ground crowd now.  There are less harmful sources of oil in the world that will suffice until carbon is mostly phased out so who needs it...Alberta? Like I said, the time for Alberta to make hay with their oil sands was decades ago.  There's no excuse whatsoever to say it couldn't or shouldn't have been done, not with the example Norway provided and as evidenced by their possession of largest sovereign fund in the known universe.

I chalk our failure up to a combination of our misbegotten constitution coupled with some of the slackest institutions of official accountability in the developed world.  The former is unable to deal with the latter because our political system is loath to open up the former to change.

Stuck between a stupid and a selfish place we are.    

Pretty sure most of the energy projects finally being shot down now WERE started decades ago. That's how long it takes to get anything approved/processed in Canada. 

As for less harmful oil elsewhere... kinda depends on what kind of harm you mean. If by harm you mean it makes Alberta's wilderness areas a bit less wild and a bit more ugly, then yeah, the oil sands cause a lot of harm. But if you mean CO2 emissions, then no. Because you have to consider that when the oil is produced in, for example, Saudi Arabia, they then provide a giant subsidy to their own citizens and make oil use essentially free, causing massive absurd overuse, leading to more emissions. Additionally, the money they make from selling oil is used to fund extremism around the world. 

All that said, I'm fine with leaving it in the ground provided that Canada had other industries ready to go, but I'm not sure that's the case either. 

Edited by Bonam
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15 hours ago, eyeball said:

 

I chalk our failure up to a combination of our misbegotten constitution coupled with some of the slackest institutions of official accountability in the developed world.  The former is unable to deal with the latter because our political system is loath to open up the former to change.

Stuck between a stupid and a selfish place we are.    

 Yes, much better to be an oligarchy.

Hating on Canada again. No trend here folks.

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Now the left is lying thru their teeth about this. First they say that had nothing to do with the decision and second they are saying it is bitchumen ,where it is oil . 1.2 million people out of work and the green party thinks keeping them jobless is great news for canada. Can't wait for the next election.

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4 hours ago, PIK said:

Now the left is lying thru their teeth about this. First they say that had nothing to do with the decision and second they are saying it is bitchumen ,where it is oil . 1.2 million people out of work and the green party thinks keeping them jobless is great news for canada. Can't wait for the next election.

When future references are made to TransCanada cancelling energy east, it will be recalled that this disastrous decision was made while Justin Trudeau and his Liberals were in government. They will not be left unscathed.

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19 hours ago, Bonam said:

Pretty sure most of the energy projects finally being shot down now WERE started decades ago. That's how long it takes to get anything approved/processed in Canada. 

I meant the NEP...which is why I pointed to Norway's successes.

Oh well there's still Keystone and Trump is expediting his environmental review of that so I fail to see why Alberta is so freaked out.  Alberta could also get into refining itself - add some value to it themselves instead of buying into the globalization shtick that commodities need to be shipped abroad first.  Alberta could also invite energy intensive industries to relocate to Alberta and offer them a break on energy costs to make the move worthwhile.

Quote

As for less harmful oil elsewhere... kinda depends on what kind of harm you mean. If by harm you mean it makes Alberta's wilderness areas a bit less wild and a bit more ugly, then yeah, the oil sands cause a lot of harm. But if you mean CO2 emissions, then no. Because you have to consider that when the oil is produced in, for example, Saudi Arabia, they then provide a giant subsidy to their own citizens and make oil use essentially free, causing massive absurd overuse, leading to more emissions. Additionally, the money they make from selling oil is used to fund extremism around the world. 

If extremism were really that important to Canadians then we wouldn't be selling SA the sorts of weapons that cause/force people to become extremists.  As for SA's CO2 emissions

 

Quote

All that said, I'm fine with leaving it in the ground provided that Canada had other industries ready to go, but I'm not sure that's the case either.

Its not like we're paupers.

 

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Excuse me while I interrupt this little ignorant circle jerk here with some reality.

Guess who has been ranked #1 as the best country to do business?

Here is a hint: It's a leftist (socialist/communist - eh Betsy?), immigrant/refugee loving country, which is falling apart (right Betsy?):

https://www.forbes.com/best-countries-for-business/list/#tab:overall

Canada sits 10th in the world.

Sorry Trudeau-hating whiners.

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14 hours ago, eyeball said:
1 hour ago, marcus said:

Excuse me while I interrupt this little ignorant circle jerk here with some reality.

Guess who has been ranked #1 as the best country to do business?

Here is a hint: It's a leftist (socialist/communist - eh Betsy?), immigrant/refugee loving country, which is falling apart (right Betsy?):

https://www.forbes.com/best-countries-for-business/list/#tab:overall

Canada sits 10th in the world.

Sorry Trudeau-hating whiners.

It's relative, isn't it?

Red tape is a burden to the leftist countries you seem to have hero worship for.

On many lists, Canada doesn't make the grade. 

Sorry Trudeau lovers.

http://uk.businessinsider.com/the-12-best-countries-in-the-world-to-do-business-in-2017-9/#3-denmark-this-scandinavian-country-has-fallen-one-place-since-last-year-but-has-maintained-its-position-in-first-place-for-trading-across-borders-for-ease-of-getting-credit-however-it-ranks-32nd-10

 

 

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11 hours ago, SpankyMcFarland said:

The price of oil deserves a mention here. It's part of the story. 

Also worth a mention is that investment in the oil sands has been fleeing south to sunnier climes since Trudeau got in power. Without the investment, the oil sands are not growing the way they were expected to grow. Instead the money is flooding into the US, with a much friendlier business climate, no climate taxes, and no ridiculous bureaucratic hurdles put in front of development.

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6 hours ago, marcus said:

Excuse me while I interrupt this little ignorant circle jerk here with some reality.

Guess who has been ranked #1 as the best country to do business?

Here is a hint: It's a leftist (socialist/communist - eh Betsy?), immigrant/refugee loving country, which is falling apart (right Betsy?):

https://www.forbes.com/best-countries-for-business/list/#tab:overall

Canada sits 10th in the world.

Sorry Trudeau-hating whiners.

When the list was put together climate taxes hadn't yet been imposed, and the rising level of bureaucratic red tape being placed in front of resource development had not yet had much impact. We will feel that impact over the coming years, as resource development grinds to a halt while heavy manufacturing flees under the burden of heavy taxes and regulations.

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20 hours ago, eyeball said:

I meant the NEP...which is why I pointed to Norway's successes.

Oh well there's still Keystone and Trump is expediting his environmental review of that so I fail to see why Alberta is so freaked out.  Alberta could also get into refining itself - add some value to it themselves instead of buying into the globalization shtick that commodities need to be shipped abroad first.  Alberta could also invite energy intensive industries to relocate to Alberta and offer them a break on energy costs to make the move worthwhile.

If extremism were really that important to Canadians then we wouldn't be selling SA the sorts of weapons that cause/force people to become extremists.  As for SA's CO2 emissions

 

Its not like we're paupers.

 

We will be paupers before long the way Trudeau is going.

You obviously don't understand how the free market system works.  Because Alberta cannot ship much oil to international markets, it is forced to sell it at a lower price to the Americans.  They are the big beneficiaries of no pipelines to the east coast.  Enabling Alberta to ship it's oil to the east coast through an Energy East pipeline would have allowed them to ship Canadian oil across the Atlantic to Europe and other countries, thus reducing the dependency on the U.S. market.  This would have meant they would get a higher price for their oil.

Edited by blackbird
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2 hours ago, blackbird said:

We will be paupers before long the way Trudeau is going.

Sure, just like we'll all be speaking Arabic and replacing the constitution with Sharia Law

Quote

You obviously don't understand how the free market system works..

What is there to not understand?  I come in the harbour with a boatload of fish and I head for the buyer offering the highest price. I need the engine repaired I hire the best qualified guy available.  Maybe I offer him cash or a couple of fish to speed things up.

You obviously ignored everything else I suggested didn't you?

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