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Old 11-30-2016, 10:47 AM   #3341
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The general consensus in industry has always been that we needed 2 of 3 (KXL, EE, NGW) to clear the Alberta market. I suppose TMX makes it 2 of 4. And if the 100MT/yr cap on CO2 from the oil sands holds we probably will never need a third without some serious oil sands CO2/bbl reduction technologies.
Is this even a possibility?
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Old 11-30-2016, 10:48 AM   #3342
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People outside if Vancouver don't really care about pipelines either way.

It just happens that most of the province lives in the Frasier valley and on the island.
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Old 11-30-2016, 10:50 AM   #3343
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Wow! Christie Clark is happy with the deal. Her five conditions have more or less been met. Way to go social license.
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Old 11-30-2016, 10:50 AM   #3344
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Is this even a possibility?
Yes, we already have some stuff in the testing phase that should reduce the SOR via solvent injection. Less steam per barrel should reduce GHG emission intensity quite dramatically.
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Old 11-30-2016, 11:24 AM   #3345
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I think he realizes that his support in Ontario/Quebec will not be as high as it was last time, and he needs votes in the West to win another election, which will happen right at the same time when these pipelines should be in full swing.

On the other hand he probably pissed off every idiot in BC so who knows...
Or maybe cabinet looked at the facts and made a decision based on that? Not everything is politics. There are Liberals from Alberta sitting around that table and you can bet they argued and pushed for this based on the same reasons that we hear brought up on this board.
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Old 11-30-2016, 11:24 AM   #3346
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Old 11-30-2016, 12:04 PM   #3347
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Wow! Christie Clark is happy with the deal. Her five conditions have more or less been met. Way to go social license.
If people want to complain about politics it should be around the social license comments. Because a lot of that is the political cover required to make a decision that is unpopular in some constituencies.

Not that's its all bad, the coastal response plan and the moritorium in less industrialized areas I tend to agree with.

Things like a Carbon price without similar things in the US or where ever we are exporting to just encourages substitution from a country with worse environmental and human rights records.
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Old 11-30-2016, 12:52 PM   #3348
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Or maybe cabinet looked at the facts and made a decision based on that? Not everything is politics. There are Liberals from Alberta sitting around that table and you can bet they argued and pushed for this based on the same reasons that we hear brought up on this board.
Maybe. But don't kid yourself, the political ramifications were looked at as well.
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Old 11-30-2016, 12:52 PM   #3349
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Yes, we already have some stuff in the testing phase that should reduce the SOR via solvent injection. Less steam per barrel should reduce GHG emission intensity quite dramatically.
And reduce the issue with fracking leading to earthquakes?
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Old 11-30-2016, 01:01 PM   #3350
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And reduce the issue with fracking leading to earthquakes?
The fracking leading to earthquakes is pretty misleading.

The fracking to extract oil has not led to the increase in earthquakes. The fracking that occurs when the frack fluid is being disposed of in deep injection wells is causing the earthquakes.

So it becomes a treatment/disposal issue rather than an extraction issue.
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Old 11-30-2016, 01:05 PM   #3351
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There is little fracing in oil sands areas. Most induced seismicity events are in the Fox Creek area.
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Old 11-30-2016, 01:11 PM   #3352
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And reduce the issue with fracking leading to earthquakes?
Not related, we don't frac SAGD wells.
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Old 11-30-2016, 01:51 PM   #3353
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The fracking leading to earthquakes is pretty misleading.

The fracking to extract oil has not led to the increase in earthquakes. The fracking that occurs when the frack fluid is being disposed of in deep injection wells is causing the earthquakes.

So it becomes a treatment/disposal issue rather than an extraction issue.
I guess the media isn't exactly differentiating between the two.

I'm not anti-oil by any means, but I do believe we can become complacent in terms of not developing new technologies and methods to extract fossil fuels in a more efficient manner that will lead to reduction in emissions. Method X works well, and the oil is pumping, therefore money is being made and everyone is okay with that.

Its nice to see that some advancements can be made.
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Old 11-30-2016, 02:04 PM   #3354
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If you don't think Alberta has been leading the way on extraction technologies, you just haven't been paying attention. No one is complacent here.
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Old 11-30-2016, 02:14 PM   #3355
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I think you need an overall commitment from the whole world though. For some reason people think that completely eliminating fossil fuel usage is the answer, and I think finding ways to reduce emissions while still increasing oil production is more realistic.

I know Alberta has been leading the way, but as we all know, the Alberta oil industry isn't being portrayed very well.
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Old 11-30-2016, 02:25 PM   #3356
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Wow! Christie Clark is happy with the deal. Her five conditions have more or less been met. Way to go social license.
Or they basically said to Christie "Block it fine, but your footing the transfer payments alone in a few years and will get a bill not a payment"

Oh and that electric dam they want to sell us electricity for probably helped "social license"

Sorry but social license was supposed to win over the wing nuts like Elizabeth May, David Suzuki and his blind cultists followers. On that count she has failed so far.
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Old 11-30-2016, 02:35 PM   #3357
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^In fairness, literally nothing will win over the public personas May and Suzuki. But boy will they happily profit from it.
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Old 11-30-2016, 02:42 PM   #3358
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Or they basically said to Christie "Block it fine, but your footing the transfer payments alone in a few years and will get a bill not a payment"

Oh and that electric dam they want to sell us electricity for probably helped "social license"

Sorry but social license was supposed to win over the wing nuts like Elizabeth May, David Suzuki and his blind cultists followers. On that count she has failed so far.
Christie Clark has nothing to do with transfer payments.... and there is virtually no way BC will ever be the only Province to contribute.

And sorry, social license was never going to win over extremists, either far left or far right. It's purpose was to sway the moderates.
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Old 11-30-2016, 02:42 PM   #3359
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^In fairness, literally nothing will win over the public personas May and Suzuki. But boy will they happily profit from it.
Agree, but can we say public or legal perception was significantly changed that it will result in less or more successful lawsuits, less delay from protests, etc?

Because the carbon tax and coal phase outs cost a lot of money. I want to know what we are all paying for exactly, because for Northern Gateway it meant nothing.
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Old 11-30-2016, 04:13 PM   #3360
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https://www.fraserinstitute.org/site...ructionism.pdf

I want to point out (although it may have been done at some point in this thread already) the key driver for these pipelines allowing our product to a variety of markets is reducing price differential between WTI/Brent and WCS. We're getting hammered on differential. The above link explains that (Ironically it's a report from the Fraser Institute).

Here's a link showing the differential I'm referring to (see graph)

This is a good link showing how bitumen is priced
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