Official (Alberta) Oil Discussion Thread

[SebC]

Originally Posted by GP_Matt

I think Canada might just be more receptive to protesters.
I spoke to a few guys in charge of building LRT lines in both Canada and the US. The Canadian side had protests at every line while the American said he hadn't experienced these protests until he started working in Canada.

Is it possible that listening to them causes them to shout louder?

Just to confirm, we're actually talking about Light Rail Transit protesters?

[burn_this_city]

http://www.cbc.ca/news/canada/calgar...tics-1.3598568

Gregor Robertson claims an oil spill would result in 400,000 job losses in Vancouver. In the absence of a reasonable argument, just swing for the fences with hyperbole.

[Fuzz]

I call BS. I've been to Vancouver. Nobody there has jobs, so unless he's talking negative employment....

[GGG]

75 cents away from a true double meat day.

[Fuzz]

I'm surprised to see WTI so close to Brent.

[GP_Matt]

Originally Posted by SebC

Just to confirm, we're actually talking about Light Rail Transit protesters?

There is an active group of protesters against light rail in Edmonton.

A foot bridge is being temporarily removed during construction and some people don't like the route.

The contract is awarded for construction but there is an active group that wants the city to undo 10 years of effort and plan a new route that doesn't impact what they care about.

That, and I thought the protesters were really rude during the ground breaking. They stood directly behind the mayor/officials and shouted over his speech.

[Ozy_Flame]

Originally Posted by burn_this_city

http://www.cbc.ca/news/canada/calgar...tics-1.3598568

Gregor Robertson claims an oil spill would result in 400,000 job losses in Vancouver. In the absence of a reasonable argument, just swing for the fences with hyperbole.

That's misleading. Such an event would add 1.2 million jobs to the local anti-oil activist market; everyone could protest energy transportation all day long and earn decent livings.

[GGG]

Originally Posted by Fuzz

I'm surprised to see WTI so close to Brent.

That's the dollar plus North America is where most of the supply cuts have occurred.

[burn_this_city]

4M barrel draw last week.

[nik-]

Originally Posted by Ozy_Flame

That's misleading. Such an event would add 1.2 million jobs to the local anti-oil activist market; everyone could protest energy transportation all day long and earn decent livings.

Just imagine all the jobs created for White People Dreads maintenance staff

[MelBridgeman]

Originally Posted by burn_this_city

http://www.cbc.ca/news/canada/calgar...tics-1.3598568

Gregor Robertson claims an oil spill would result in 400,000 job losses in Vancouver. In the absence of a reasonable argument, just swing for the fences with hyperbole.

He's big campaign promise when he was first elected was to end homelessness, How's that going Mr. R?

[Violator]

Originally Posted by burn_this_city

http://www.cbc.ca/news/canada/calgar...tics-1.3598568

Gregor Robertson claims an oil spill would result in 400,000 job losses in Vancouver. In the absence of a reasonable argument, just swing for the fences with hyperbole.

Mayor moonbeam is such a tool he's gonna be the reason the housing bubble pops in Vancouver.

[stampsx2]

Originally Posted by Violator

Mayor moonbeam is such a tool he's gonna be the reason the housing bubble pops in Vancouver.

No he won't, if you're talking about foreign ownership. Too much money for the city through sales then property taxes. Then again this mayor doesn't understand economics so maybe you're right.

[Fuzz]

Oil briefly broke 50 this morning! Woohoo! Currently $49.95.

[GGG]

Double meat

[Hack&Lube]

Originally Posted by burn_this_city

4M barrel draw last week.

What does this mean?

[Fuzz]

^
crude in storage dropped by 4M barrels.

[linecook]

Natural gas has been on a really good rally of late due to technical support levels and a warm summer forecasted.

http://www.wsj.com/articles/natural-...ade-1464708892

At what price would we see drilling pick up?

[nik-]

Originally Posted by linecook

Natural gas has been on a really good rally of late due to technical support levels and a warm summer forecasted.

http://www.wsj.com/articles/natural-...ade-1464708892

At what price would we see drilling pick up?

Actually not so hot for the SAGD operations I'm guessing since it will increase the energy costs per barrel.

[Weitz]

Does anyone drill conventional Gas anymore? I don't know what the price would need to be to boost drilling but I assume its high.