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Old 11-30-2016, 08:49 AM   #3301
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Fantastic news! Way to go Justin!

For he's a jolly good fellow! For he's a jolly good fellow! You take the next verse CaptainCrunch!
http://boereport.com/2016/11/30/pipe...s-meaningless/
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Old 11-30-2016, 08:56 AM   #3302
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Man, what a drama queen.
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Old 11-30-2016, 09:00 AM   #3303
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Fair and square Notley and Trudeau got this done. As much as I dislike them both, they got the first step on this.

Now Trudeau has to show some courage and stand up to eco terrorist and BC political grandstanding, so we'll see if he is up to the challenge.
Yup. Full credit to Trudeau and Notley for getting this done.

Now get EE and work with President Trump to get KXL done.
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Old 11-30-2016, 09:01 AM   #3304
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Josh Groberman? The fella who used to do morning traffic for Global from the helicopter? All that time with Leslie Horton must make ones brain mush.
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Old 11-30-2016, 09:01 AM   #3305
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Man, what a drama queen.
Truth hurts eh?
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Old 11-30-2016, 09:06 AM   #3306
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Like I said, this is a good first step, but I still have my doubts that we'll see these pipelines under construction for a good long time.

There is no way that and ignoring the whole eco protests threat because that's easy to deal with (arrest them and drop them off in the middle of the forest without a map) that this isn't going to be delayed and tied up in court for years.

As some have pointed out Harper did approve pipelines but the courts killed them, this is going to happen here because the whole consultation with indigenous groups is a nebulous concept at best and how much consultation is enough has yet to be defined, and I doubt could be defined.

I would expect that this will be an election issue in the next federal election and that the shovels won't be in the ground by then.

Like I said, I give Trudeau all kinds of credit for going against his voting base and burning a lot of political capital in just issuing approvals. But the good thing for Trudeau now is he can say he approved it, he doesn't have a course to do anymore, he can't contravene the courts and there's nothing he can do about the protesters except bring in the water canons.

What he does have to do is remind the provinces and the municipalities that this is a federal issue under the constitution and to shut their pie holes.
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Old 11-30-2016, 09:09 AM   #3307
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I akin this approval to my IT department saying we will get WIFI in the office.

Until I see a wifi signal for my laptop (shovels in the ground for the pipeline), it's just a pipe dream.
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Old 11-30-2016, 09:10 AM   #3308
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Construction will probably start late next year.
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Old 11-30-2016, 09:10 AM   #3309
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Oprah: "You get double meat! and YOU get double meat!"
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Old 11-30-2016, 09:10 AM   #3310
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I akin this approval to my IT department saying we will get WIFI in the office.

Until I see a wifi signal for my laptop (shovels in the ground for the pipeline), it's just a pipeline dream.
fixed
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Old 11-30-2016, 09:14 AM   #3311
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Even when they put shovels in the ground, it might not be finished for another year or two.

And even when it is finished, it would take half a year to commission it.

And even when product does flow through it, we never know what the price of oil would be. Could be $10.

Just not worth it. It's a BAD deal.
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Old 11-30-2016, 09:19 AM   #3312
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Even when they put shovels in the ground, it might not be finished for another year or two.

And even when it is finished, it would take half a year to commission it.

And even when product does flow through it, we never know what the price of oil would be. Could be $10.

Just not worth it. It's a BAD deal.
Is this sarcasm?

I think it will take more than a year or two to build out these pipes. The money to build it is being spent by private enterprise, so they are taking the risk that oil might be $10 at that time, not government.

Imagine this attitude in other industries? "Could take a couple years to engineer and build a new solar plant, who knows what energy will cost then. Not worth it, bad deal". Where would we be then.
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Old 11-30-2016, 09:23 AM   #3313
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nm!
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Old 11-30-2016, 09:27 AM   #3314
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I would think Line 3 is going to get going quickly. It is basically a line replacement(with bigger pipe) that doesn't go through BC, crosses fairly easy terrain and I'm sure Enbridge is eager to replace the old one ASAP as it is not able to run at full capacity. Plus they get a jump on contracts over TC if KXL gets the go ahead.

TMX is probably going to run into protests and court challenges, even though it mostly follows an existing pipeline.
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Old 11-30-2016, 09:33 AM   #3315
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http://www.cbc.ca/news/business/opec...sday-1.3874039

OPEC deal sees Saudis cutting production, pushing prices up

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An OPEC told Reuters the cartel also had reached agreement to suspend Indonesia from the Organization of the Petroleum Exporting Countries and allow Iran to set new production levels at 3.797 million bpd, a modest increase for the country trying to rebuild exports after its embargo was lifted.

The meeting was still ongoing after around six hours of debate. A news conference is planned once details are available.

Without Indonesia in the mix, it was not yet determined how much output would be cut overall.
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Old 11-30-2016, 09:36 AM   #3316
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Man, what a drama queen.
He's not wrong though.
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Old 11-30-2016, 09:39 AM   #3317
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Even when they put shovels in the ground, it might not be finished for another year or two.

And even when it is finished, it would take half a year to commission it.

And even when product does flow through it, we never know what the price of oil would be. Could be $10.

Just not worth it. It's a BAD deal.
Oil is more likely to be back at $100 than it is to fall to $10. Neither is very likely though.

If it is a bad deal, then it will be all the people you hate suffering: private industry and shareholders.

The winner, even if oil collapses the way you hope, are still the governments. Who get the tax revenues from construction jobs (for as long as they last).

Honestly, Iggy. You should love this.
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Old 11-30-2016, 09:39 AM   #3318
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Construction will probably start late next year.
Is there a reason it takes that long to start?
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Old 11-30-2016, 09:40 AM   #3319
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Like I said, this is a good first step, but I still have my doubts that we'll see these pipelines under construction for a good long time.

There is no way that and ignoring the whole eco protests threat because that's easy to deal with (arrest them and drop them off in the middle of the forest without a map) that this isn't going to be delayed and tied up in court for years.

As some have pointed out Harper did approve pipelines but the courts killed them, this is going to happen here because the whole consultation with indigenous groups is a nebulous concept at best and how much consultation is enough has yet to be defined, and I doubt could be defined.

I would expect that this will be an election issue in the next federal election and that the shovels won't be in the ground by then.


Like I said, I give Trudeau all kinds of credit for going against his voting base and burning a lot of political capital in just issuing approvals. But the good thing for Trudeau now is he can say he approved it, he doesn't have a course to do anymore, he can't contravene the courts and there's nothing he can do about the protesters except bring in the water canons.

What he does have to do is remind the provinces and the municipalities that this is a federal issue under the constitution and to shut their pie holes.
It is a nebulous concept (consultation), but they've definitely tried. The capital Trudeau spent on this decision wasn't just the decision either. It was coming out right away and coming out in full support of the pipelines. He acknowledged that there are people who are going to be upset and showed no signs of backing down.

I also wonder about what legal grounds these pipelines could be challenged on? There really isn't much to go on here for the environmentalists or first nations because the land use has been granted for over 50 years.

And maybe what I'm most curious about is how this would be an election issue next time? The NDP and Greens might see it as one because they are against the pipelines anyway. But really the CPC and Liberals agree here. I suppose the CPC stance could be "NG ought to have been approved also", but that's hardly divisive and won't win many votes.

I recognize that the pipelines aren't built and there are still challenges. But reading some of the responses (not so much on CP) makes me wonder if some of the political opponents are just hoping for failure and just purely unable to acknowledge the positive aspects here. Its a lot of "sure, that's great, but they'll back down and nothing will happen" and that's a shame. I clearly didn't love Harper and his politics, but I think cheering for economic disaster and hoping for failure is disgusting.
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Old 11-30-2016, 09:41 AM   #3320
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Haha no you misunderstand, my comment was sarcasm to those saying that this approval means nothing.

(I work in the pipeline industry)
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