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Old 03-02-2016, 02:42 PM   #24
Locke
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Quote:
Originally Posted by Cyclops View Post
I understand that it's safer when transporting oil but her point is the fact that we aren't transporting oil, we are transporting bitumen.

The concern that I have is that we were doing just fine up until the drop in oil prices, everyone was making money and everyone was happy. Now (and this seems to be the last 3 or 4 years) it seems that we need more, more, more but I'm unsure as to why.

And as far as Elizabeth Mays party or where she leans I was simply looking at arguments against what she is saying.
Its a numbers game. When oil prices were high there was enough money going around that no one really minded taking the shipping costs on the chin. Now that things are leaner they have to be more efficient.

The few dollars per barrel that they spend on shipping can be cut down especially when you're talking millions of barrels over time.

This is very similar to the outrage over the Royalty review.

"Its not a big deal."

It is. Oil production in Alberta is an intensive process requiring a lot of labour and logistics over the long-game, it isnt just a few buck here and there today its about the up and down-stream effects of those dollars over time.

Same with pipelines, we're talking about dollars per barrel from now until the foreseeable future.
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