04-25-2018, 11:31 AM
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#3901
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Franchise Player
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Don't OPEC countries have a bunch of extra production they are voluntarily keeping offline?
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04-25-2018, 11:35 AM
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#3902
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Franchise Player
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OK, that first link had me really confused. It felt like I was reading an article from the past...
Turns out it is from the past...2008.
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04-25-2018, 11:36 AM
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#3903
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Franchise Player
Join Date: Mar 2007
Location: Calgary
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They have maybe 1MBPD that they could add back, mostly from Saudi, but Venezuela and others have lost production that can't be recovered easily. Between Russia and Saudi there is probably 1.25-1.5MBPD that could be put back into the market.
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04-25-2018, 11:58 AM
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#3904
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In Your MCP
Join Date: Apr 2004
Location: Watching Hot Dog Hans
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Quote:
Originally Posted by Fuzz
OK, that first link had me really confused. It felt like I was reading an article from the past...
Turns out it is from the past...2008.
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Lol oops!
Here’s another
http://business.financialpost.com/co...ergy/oil-shock
I’m googling and posting from a phone. Didn’t notice the dates!
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04-27-2018, 04:45 PM
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#3906
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Norm!
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__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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04-27-2018, 04:52 PM
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#3907
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Franchise Player
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Nm
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05-07-2018, 08:04 AM
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#3908
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Franchise Player
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Oil is over $70. Why can't I get excited about double meat? It should be a double meat party, but...ugh..,it doesn't feel right to celebrate.
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05-07-2018, 08:08 AM
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#3909
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Franchise Player
Join Date: Feb 2011
Location: Somewhere down the crazy river.
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Quote:
Originally Posted by Fuzz
Oil is over $70. Why can't I get excited about double meat? It should be a double meat party, but...ugh..,it doesn't feel right to celebrate.
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It is being tempered by not being able to afford the gas to get to Subway.
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05-07-2018, 08:15 AM
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#3910
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Franchise Player
Join Date: Mar 2007
Location: Calgary
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I don't know about individual companies but we're doing a hell of a lot better at this price. Differential has narrowed and natural gas was free on Friday.
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05-07-2018, 09:43 AM
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#3911
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Franchise Player
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Quote:
Originally Posted by burn_this_city
I don't know about individual companies but we're doing a hell of a lot better at this price. Differential has narrowed and natural gas was free on Friday.
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Still a struggle for us (service side). Our U.S. division is doing slightly better but the Canadian side is still battling low activity levels, low prices for services, and increasing costs. Any increase in oil drilling has largely been negated by a reduction in gas drilling in Canada.
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07-25-2018, 06:10 PM
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#3913
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Franchise Player
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That would require a delivery mechanism, and we can't have those apparently.
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The Following 6 Users Say Thank You to nik- For This Useful Post:
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07-25-2018, 06:31 PM
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#3914
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Franchise Player
Join Date: Jul 2005
Location: 555 Saddledome Rise SE
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Makes sense. USGC is much closer to the EU while Asia is our target market for the same reason. Still need a damn plant though.
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07-26-2018, 08:32 AM
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#3915
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Franchise Player
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There is talk of building an export terminal in Quebec that plans to use western Canadian gas, involve new pipeline construction in Quebec yet somehow not have to meet the same environmental test as Energy East did.
But yes, we are going to miss the boat so to speak on this opportunity as well I would think. (Europe).
http://energiesaguenay.com/en/
http://brianlilley.com/quebec-gets-a...ets-the-shaft/
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08-07-2018, 08:36 AM
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#3916
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Franchise Player
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Not sure where the best place for this is, as it is pipeline related...
Quote:
A ruling is expected Aug. 10. If the city's injunction doesn't go through, Cory Morgan, a Priddis, Alta., libertarian blogger, and members of a Facebook group called "Citizens committee to evict Camp Cloud" plan on travelling to Burnaby around Aug. 18 to clean up the camp, anyway. Morgan sees Camp Cloud as a small but vocal symbol of opposition to the pipeline — and the inability of the government to legally remove it as a sign of weakness to potential investors in the Canadian oil industry.
Morgan shied away from using the term "vigilante" to describe the group, instead referring to them as an "irregular law enforcement group."
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https://www.thestar.com/calgary/2018...amp-cloud.html
Like, what do they plan on doing, bulldoze it? Ya, that'll sort it out real quick.
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08-07-2018, 09:23 AM
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#3917
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Powerplay Quarterback
Join Date: Jan 2009
Location: Calgary
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Is that Cory Morgan THE Cory Morgan? Like First Lady Morgan?
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08-07-2018, 09:41 AM
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#3918
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Franchise Player
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Yup.
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08-07-2018, 10:05 AM
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#3919
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Franchise Player
Join Date: Apr 2012
Location: Maryland State House, Annapolis
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Quote:
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Irregular law enforcement group
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Well I know what my next band name is gonna be.
__________________
"Think I'm gonna be the scapegoat for the whole damn machine? Sheeee......."
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The Following 3 Users Say Thank You to Senator Clay Davis For This Useful Post:
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08-07-2018, 10:17 AM
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#3920
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Norm!
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Quote:
Originally Posted by Senator Clay Davis
Well I know what my next band name is gonna be.
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The Sisterhood of the traveling pants jugband?
oh wait
__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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