09-28-2016, 12:48 PM
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#2921
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
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09-28-2016, 12:49 PM
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#2922
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Could Care Less
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Meatsbackonthemenu.gif
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09-28-2016, 12:49 PM
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#2923
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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I'm having two hookers tonight!
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
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09-28-2016, 12:51 PM
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#2924
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Franchise Player
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Sweet. Can I have a job now?
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The Following User Says Thank You to calgarygeologist For This Useful Post:
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09-28-2016, 12:58 PM
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#2925
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First Line Centre
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Get the double meat in ya before the bluff is exposed later this week!
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09-28-2016, 01:01 PM
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#2926
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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Quote:
Originally Posted by calgarygeologist
Sweet. Can I have a job now?
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I guess I can hire three hookers tonight.
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
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TopChed,
verda13,
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09-28-2016, 01:08 PM
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#2927
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Franchise Player
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Quote:
Originally Posted by Shazam
I guess I can hire three hookers tonight.
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Meat for dinner! Huzzah
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The Following 4 Users Say Thank You to calgarygeologist For This Useful Post:
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09-28-2016, 01:19 PM
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#2928
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Scoring Winger
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Even with the conditional approval, I have serious doubts that Pacific NorthWest gets built. The economic environment to sell LNG has changed since these projects were first tabled. Terminals in the US and Australia have moved ahead and are seen as lower risk investments due to social and environmental issues in BC. Potential LNG customers are no longer willing to lock in long term fixed contracts that underpinned the viability of these projects, and spot prices have fallen dramatically alongside the price of crude oil.
That being said, if Petronas can work through the 190 conditions and find the money to get this terminal built, it will be a significant boon for the Canadian energy industry. Exporting up to 2.5 bcf/d would give a shot in the arm to the companies drilling in NE BC and help support the dwindling AECO price that AB producers are seeing.
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09-28-2016, 01:21 PM
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#2929
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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I'm sure the scummy communist Chinese told Trudeau a thing or two.
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
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09-28-2016, 01:22 PM
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#2930
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Lifetime Suspension
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Quote:
Originally Posted by Slava
Those darn Liberals hate the west and Trudeau is just like his fa...oh wait.
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Uncle Justin, Mommy Rachael! rabble rabble rabble
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09-28-2016, 01:34 PM
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#2931
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First Line Centre
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Good new from OPEC and timely with LNG approval. with LNG tide to Crude prices having OPEC agree to to production cut will hopefully improve economics enough for this project to get approval.
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09-28-2016, 01:35 PM
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#2932
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Franchise Player
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Just need that oil pipeline to the Pacific now.
__________________
Quote:
Originally Posted by MisterJoji
Johnny eats garbage and isn’t 100% committed.
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09-28-2016, 01:36 PM
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#2933
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Truculent!
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Quote:
Originally Posted by Brewmaster
Even with the conditional approval, I have serious doubts that Pacific NorthWest gets built. The economic environment to sell LNG has changed since these projects were first tabled. Terminals in the US and Australia have moved ahead and are seen as lower risk investments due to social and environmental issues in BC. Potential LNG customers are no longer willing to lock in long term fixed contracts that underpinned the viability of these projects, and spot prices have fallen dramatically alongside the price of crude oil.
That being said, if Petronas can work through the 190 conditions and find the money to get this terminal built, it will be a significant boon for the Canadian energy industry. Exporting up to 2.5 bcf/d would give a shot in the arm to the companies drilling in NE BC and help support the dwindling AECO price that AB producers are seeing.
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The majority of the conditions are items that are spec or industry standard already. There are probably more than a few tough ones, but I believe that the majority of the conditions can be met without any deal breakers.
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09-28-2016, 01:45 PM
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#2934
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Franchise Player
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I would be surprised if the LNG terminal actually gets built.
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09-28-2016, 01:56 PM
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#2935
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Truculent!
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Quote:
Originally Posted by Weitz
I would be surprised if the LNG terminal actually gets built.
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I wouldn't...
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09-28-2016, 03:34 PM
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#2937
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In the Sin Bin
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500K seems like nothing....
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09-28-2016, 03:43 PM
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#2938
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
Originally Posted by polak
500K seems like nothing....
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It's 740k, per day. That's down about 0.7% from 79.27Mb/d. Not a huge amount, but over a year, well, that's 270 million barrels. Of course, that all depends on OPEC actually following through on reductions, which they are notorious for not doing.
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09-28-2016, 10:23 PM
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#2939
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Could Care Less
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Official (Alberta) Oil Discussion Thread
Quote:
Originally Posted by polak
500K seems like nothing....
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If OPEC is starting to cut, non-OPEC continues to fall while demand continues to grow...that's huge. Well on our way back to a balanced market and $60+.
You gotta realize that demand is growing by 1-2MBPD annually.
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09-29-2016, 08:28 AM
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#2940
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Franchise Player
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Saw on the news this morning that Analysts are not convinced OPEC will actually cut production.
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