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Old 07-30-2012, 11:29 AM   #1
Sonny
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Default Weening Canada off OPEC Oil ? how smart do you have to be?

If Canada has the third largest deposit of oil reserves in the world, why are we importing it from Nigeria, Venezuela and other OPEC tyrants?

Reversing Enbridge’s ‘Line 9’ means securing jobs and cheaper Alberta crude oil for eastern Canada

edit add price comparisons:
The average price for Western Canada Select fell to $73.53 a barrel in the second quarter 2012.
West Texas Intermediate, a U.S. benchmark, averaged $93.35 a barrel in the second quarter.
And Brent, an international benchmark, popular on the North American northeast coast averaged $108.76



May 31, 2012
http://www.vancouversun.com/business...832/story.html




, the cross-country pipeline originally designed to ship oil from east to west — Enbridge’s Line 9 — is shipping oil the wrong way: sending imports from Quebec’s shipping ports to southern Ontario refineries. For oil companies, that peculiar arrangement made sense back when oilsands oil turned out to be too expensive to compete with foreign oil.

But that doesn’t make sense any more: Engineers figured out more efficient ways to produce oilsands oil as world oil prices climbed higher and higher and Canadian oil is, today, cheaper to buy than conflict oil sold by the Saudis and Hugo Chavez. Much cheaper: About $30 a barrel less than world oil prices.
- - -
July 27, 2012,
http://online.wsj.com/article/BT-CO-...27-716612.html
CALGARY, Alberta--The Canadian government on Friday approved Enbridge Inc.'s (ENB) proposal to reverse the flow of its Line 9 oil pipeline from Sarnia to Westover in Ontario.

The reversal will allow Enbridge customer Imperial Oil Ltd. (IMO) to feed its Nanticoke refinery with cheaper crude oil stocks from western Canada.
It is also the first stage in Enbridge's plan to reverse the Line 9 pipeline all the way to Montreal, so that refineries there, including one operated by Suncor Energy Inc. (SU), could also replace their current higher-cost imported crude oil feedstocks with western Canadian oil.

"The pipeline flow reversal decision recognizes our government's efforts to expand and diversify Canada's energy markets, and that includes improved pipeline access to Canada's west and east coasts," Canada's federal Labor Minister Lisa Raitt said at a press conference Friday.

Some environmental groups and citizens had opposed the reversal at public hearings in May, saying they didn't want the pipeline's reversal to support the growth of the oil sands industry in Western Canada.

Environmentalists are critical of oil sands production in Alberta because they're extremists who are against everything, hiding in plain sight behind a Green curtain.

The National Energy Board, Canada's federal energy regulator, added 15 conditions to its approval of the Line 9 reversal, mostly to improve pipeline safety.

Enbridge said in May the full Line 9 reversal to Montreal could ship up to 240,000 barrels a day by early 2014.


- - -
http://www.vancouversun.com/business...832/story.html
Say No to Green Extremists, Anarchists, and the hosers
, anti-oilsands extremists backed by Environmental Defence, the foreign-backed group that uses its charitable status to subsidize political attacks on politicians and Canadian jobs, has launched a campaign calling on its supporters to protest Enbridge’s proposed reversal of Line 9. It claims it’s too dangerous, because it crosses “countless sensitive ecosystems and farms.”

By opposing the reversal of Line 9, Environmental Defence and its allies show their truest, most militant colours. This, after all, isn’t about whether or not we move oil through a pipeline — there already is oil moving through Line 9, from east to west, crossing those same ecosystems and farms. The only thing that would change is the direction that the oil would flow.
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Last edited by Sonny; 07-30-2012 at 11:54 AM.
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Old 07-30-2012, 11:47 AM   #2
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We'll deal with the eco-hosers... trust me.
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Old 07-30-2012, 11:58 AM   #3
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Originally Posted by CanadaSue View Post
We'll deal with the eco-hosers... trust me.
"Only after the last tree has been cut down, Only after the last river has been poisoned, Only after the last fish has been caught, Only then will you find that money cannot be eaten."

Cree Indian Prophecy
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Old 07-30-2012, 11:59 AM   #4
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The other question, though, is...

Can the refineries in eastern Canada handle the oil sands oil? It's generally thought of as being quite heavy and sour, and more difficult to refine. Brent usually is sweeter (less sulfer) and Nigerian oil is some of the easiest to refine out there (part of the reason for it being more expensive). If the refineries back east can handle it, then by all means Canada should use its own oil... it's not like us Americans are going to figure out how to build a pipeline from Cushing to Houston [/sarc]

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Old 07-30-2012, 12:01 PM   #5
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Originally Posted by CanadaSue View Post
We'll deal with the eco-hosers... trust me.
Thanks Sue, and I do trust you.
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Old 07-30-2012, 12:59 PM   #6
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Quote:
Originally Posted by Mousehound View Post
"Only after the last tree has been cut down, Only after the last river has been poisoned, Only after the last fish has been caught, Only then will you find that money cannot be eaten."

Cree Indian Prophecy
That is a great truth to weigh. Anyone who can refute that will have to prove it. I'm a creek descendant. Go figure...
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Old 07-30-2012, 02:09 PM   #7
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? using Indian ancestry like a human shield ? em, no thank you.

But with much respect to their spirituality, I'd like to point out that it is rather clearly known that Germany, the largest importer of palm oil used to make ah-so-green biodiesel, is indirectly responsible for the deforestation of millions of hectares of rain forests in Malaysia and Indonesia, two of the most bio diverse ecosystems on the planet. So as far as Germany being so green, NOT !

Rain Forests for BioDiesel?
http://www.wupperinst.org/uploads/tx...l_study_en.pdf

Last edited by Sonny; 07-30-2012 at 02:16 PM.
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Old 07-30-2012, 06:44 PM   #8
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Quote:
Originally Posted by Sonny
If Canada has the third largest deposit of oil reserves in the world, why are we importing it from ...
Because it's cheaper and easier to ship it across the Atlantic Ocean. Same reason California uses a lot of foreign oil; there's no way to get domestic product across the Rocky Mountains.
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Old 07-30-2012, 11:53 PM   #9
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Because it's cheaper and easier to ship it across the Atlantic Ocean. Same reason California uses a lot of foreign oil; there's no way to get domestic product across the Rocky Mountains.
dharma, you feeling alright? I'm thinking You may need to take a nap. Because Refineries in California like Kern Oil are shipping in North Dakota Balkken Crude by rail cheaper then the price of local Heavy Cali crude.
And as you know, Balkken crude is lighter than WTI!



North Dakota oil, brought here In Cali, Will help gas prices

http://www.bakersfieldcalifornian.co...elp-gas-prices
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Old 07-31-2012, 12:02 AM   #10
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Refineries in California like Kern Oil are shipping in North Dakota Bakken crude by rail
Yes, and some oil sands oil will eventually make its way east, and there are in fact pipelines across the Rockies. All these have in common the fact that their volumes are negligible; it's easier for me to get a point across when I don't have to constantly qualify it with the few, and tiny, exceptions.
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Old 07-31-2012, 12:42 AM   #11
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Ah shit, I forgive you,, you arrogant asshole.
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Old 07-31-2012, 08:19 AM   #12
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Jesus, that article was painful. The 'ethical oil' autofellatio is tiring to begin with, but then a well regarded and reputable newspaper weighs in on an important subject with a poorly scribed rant by an astroturf advocacy mouthpiece. Might as well get Greenpeace to write an article about whaling.

Any number of sage articles could have been written drawing from both sides. Instead they pass off a self congratulatory editorial as 'news'. Disappointing.
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Old 07-31-2012, 09:09 AM   #13
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Ah shit, I forgive you, you arrogant asshole.
Very generous of you. I am deeply grateful.
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Old 07-31-2012, 11:49 AM   #14
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Originally Posted by Sonny View Post
? using Indian ancestry like a human shield ? em, no thank you.

But with much respect to their spirituality, I'd like to point out that it is rather clearly known that Germany, the largest importer of palm oil used to make ah-so-green biodiesel, is indirectly responsible for the deforestation of millions of hectares of rain forests in Malaysia and Indonesia, two of the most bio diverse ecosystems on the planet. So as far as Germany being so green, NOT !

Rain Forests for BioDiesel?
http://www.wupperinst.org/uploads/tx...l_study_en.pdf
I don't agree with Germany doing that either, and refuse to support it.
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Old 07-31-2012, 01:35 PM   #15
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Yeah Biodisel not from local garbage is a --- stupid thing, here we stopped importing palm oil after locals got real upset about the damage they caused in other nations.
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