03-25-2018, 08:40 AM
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#3861
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Franchise Player
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Quote:
Originally Posted by Reaper
Personally, I would have liked a 15m no protest zone offset on either side of the road allowance of the entrance. Paint a line on the road and then sit in the cruiser between it and the gates.
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.....and snipers.
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03-25-2018, 11:15 AM
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#3862
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Franchise Player
Join Date: Sep 2002
Location: I'm right behind you
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Quote:
Originally Posted by Madman
...and snipers.
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I'd watch a live stream camera shooting protesters who skirt the no protest zone with tranquilizer darts for hours on end.
__________________
Don't fear me. Trust me.
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03-26-2018, 03:00 PM
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#3863
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Franchise Player
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Apparantly this came out on Friday.
Quote:
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The Federal Court of Appeal on Friday dismissed the B.C. government’s bid to challenge a National Energy Board ruling that allows Kinder Morgan to bypass local bylaws during construction.
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http://www.660news.com/2018/03/26/al...federal-court/
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03-27-2018, 07:38 AM
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#3865
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Franchise Player
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Quote:
Originally Posted by Madman
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Bill the protesters/tax payers. Line item: "moran tax".
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03-27-2018, 07:54 AM
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#3866
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First Line Centre
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Brent up over $70, but no double meat in Canadian's future due to lack of pipelines.
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03-27-2018, 09:02 AM
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#3867
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Franchise Player
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Quote:
Originally Posted by Reaper
I'd watch a live stream camera shooting protesters who skirt the no protest zone with tranquilizer darts for hours on end.
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I would subscribe to a FPS style stream where I get to control the gun...
__________________
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03-27-2018, 09:35 AM
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#3868
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Norm!
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Quote:
Originally Posted by Robbob
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I think that what comes next is the big one. If BC loses this it kicks the pegs out of the Native Groups and Protest Groups in a hard core way.
Quote:
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A case is still before the courts brought by a coalition of First Nations and environmental groups, along with the cities of Vancouver and Burnaby that is fighting the legitimacy of the NEB process in its entirety. A decision in that case is expected soon.
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If BC wins this, I would expect that Kinder Morgan would pull out rather then have to go through the whole process again.
__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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03-27-2018, 02:11 PM
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#3870
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Scoring Winger
Join Date: Aug 2007
Location: Section 307
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Dump your $US and get some Yuan. This will be interesting.
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03-27-2018, 03:00 PM
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#3871
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Franchise Player
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Quote:
Originally Posted by CaptainCrunch
If BC wins this, I would expect that Kinder Morgan would pull out rather then have to go through the whole process again.
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Is there really any chance B.C. wins at that hearing though? Both cases are based on very similar arguments, just seems like another stall tactic more than anything else.
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03-27-2018, 07:01 PM
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#3872
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First Line Centre
Join Date: Apr 2006
Location: Calgary
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Can KM sue the province of BC or even the city of Burnaby afterwards for legal costs and lost profits?
Has there been any precedent for such an obstructionist government to business and basically treating one company different than all the others?
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03-27-2018, 08:00 PM
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#3873
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#1 Goaltender
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Looking at proxies this year for some mid-cap oil companies I've bought - executive compensation is crazy for these guys. For example, the total pay-packet for the executive team at one of the companies is $20m+ vs the market capitalization of the company is $500m. These guy's are literally robbing the owners blind. They're getting paid more than the CEO's of companies that have market caps 10x their size!!! And their stock prices are down 90% in the past five years. It's disgusting.
Honestly, in the long run, the only oil & gas companies worth owning in this country are Suncor and CNRL. Among the many reasons why investors are shunning mid-cap and small-cap canadian oil and gas, this has to be one of them.
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03-28-2018, 05:51 AM
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#3874
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Franchise Player
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Quote:
Originally Posted by GullFoss
Looking at proxies this year for some mid-cap oil companies I've bought - executive compensation is crazy for these guys. For example, the total pay-packet for the executive team at one of the companies is $20m+ vs the market capitalization of the company is $500m. These guy's are literally robbing the owners blind. They're getting paid more than the CEO's of companies that have market caps 10x their size!!! And their stock prices are down 90% in the past five years. It's disgusting.
Honestly, in the long run, the only oil & gas companies worth owning in this country are Suncor and CNRL. Among the many reasons why investors are shunning mid-cap and small-cap canadian oil and gas, this has to be one of them.
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Sounds like my former company - small-cap services company was devastated by the 2007 downturn, share price went from $6 to 25 cents, lay-offs, salary freezes, and reduced hours for all employees, and the executives are still making their 500k a year salaries and 500k bonuses.
The problem with a lot of these companies is the board doesn't do its job because it's three people who are either current or former executives of the company, and they're all pals.
__________________
Quote:
Originally Posted by fotze
If this day gets you riled up, you obviously aren't numb to the disappointment yet to be a real fan.
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03-28-2018, 07:18 AM
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#3875
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Franchise Player
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Quote:
Originally Posted by GullFoss
Looking at proxies this year for some mid-cap oil companies I've bought - executive compensation is crazy for these guys. For example, the total pay-packet for the executive team at one of the companies is $20m+ vs the market capitalization of the company is $500m. These guy's are literally robbing the owners blind. They're getting paid more than the CEO's of companies that have market caps 10x their size!!! And their stock prices are down 90% in the past five years. It's disgusting.
Honestly, in the long run, the only oil & gas companies worth owning in this country are Suncor and CNRL. Among the many reasons why investors are shunning mid-cap and small-cap canadian oil and gas, this has to be one of them.
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Rhymes with Bathabasca?
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04-17-2018, 06:27 PM
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#3876
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#1 Goaltender
Join Date: Jan 2009
Location: Calgary
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WCS price at close to $52 today. Does anyone know what happened recently for the huge spike?
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04-17-2018, 06:34 PM
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#3877
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Franchise Player
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It spiked last Thursday. No idea why. Lets hope it stays. $52 WCS is pretty nice.
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04-17-2018, 06:46 PM
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#3878
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#1 Goaltender
Join Date: Aug 2009
Location: wearing raccoons for boots
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Quote:
Originally Posted by _Q_
WCS price at close to $52 today. Does anyone know what happened recently for the huge spike?
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Trump. Syria. Missiles.
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04-17-2018, 06:58 PM
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#3879
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Franchise Player
Join Date: Mar 2007
Location: Calgary
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Venezuela production is crashing to the lowest level in 70 years. Their heavy production is our biggest competitor and US refineries are desperate to replace the barrels.
Genscape also reported that nearly 300kbpd were exported on rail in January so the bottleneck is releasing.
Heavy differential will continue to tighten as heavy production falls in Venezuela and rail ramps up.
Read an article today that forecast Light Shale will start trading at a discount to WTI due to a lack of access and Canadian Heavy will continue to rally.
Funny how the tables are turning
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04-17-2018, 07:24 PM
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#3880
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Franchise Player
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Turnaround season is also coming up so May /June will have lower production within Canada as well
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