Originally posted by farmaholic
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3.7B$ to lease 4400 oil cars for how long? AND... How is this not an export subsidy?
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If you talk to those higher up in the industry, they agree that if additional rail cars was the solution, they would have already done it themselves. It is not a solution, and they didn't do it, and that is really all we need to know. Oil by rail is not economic, it is at best a stop gap measure.
If it goes according to AB Goverments plan, it wouldn't be a subsidy, since they intend to make a profit. Ie. buy the oil at Alberta discounted prices, sell it on the other end at a profitable price. If it were that simple, it would have been done already.
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Originally posted by jazz View PostThe cars can be a storage play as much as they can be for transport. 7000 cars is 5 million barrels that can sit on a siding for a few yrs until we get rid of the rot in this country. Its probably just a place to park some of the oil until some pipeline capacity comes on. They might deliver some of it by rail though. They don't want to have to shut in production when there is no need to do so.
The enbridge line 3 crosses my land but they say they cant be in service for another yr because the US leg is held up so they are going to fill it up with oil and let it sit in the pipeline until then.
I am not an advocate for oil by rail unless necessary but we have to do something to show we are fighting back. Protests wont shut down the rail lines.
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Greens, NDP wackos, Enviro Nazis, certain lazy Native groups have all the answers...ALL FOSSIL FUELS ILLEGAL! Land is covered with windmills and solar panels. Electric only car/trucks. No livestock, no grains, just lush green grass, pristine waters and trees...happy birds chirping...people?... well if any want to live in paradise, like about the year 1900...they are taking names
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Originally posted by AlbertaFarmer5 View PostIf you talk to those higher up in the industry, they agree that if additional rail cars was the solution, they would have already done it themselves. It is not a solution, and they didn't do it, and that is really all we need to know. Oil by rail is not economic, it is at best a stop gap measure.
If it goes according to AB Goverments plan, it wouldn't be a subsidy, since they intend to make a profit. Ie. buy the oil at Alberta discounted prices, sell it on the other end at a profitable price. If it were that simple, it would have been done already.
-Other negative consequences of leasing oil cars will be it takes the pressure off of the Trudeau loons to get out of the way of pipeline construction.
-It will also have a negative effect on grain movement.
Unfortunately it might take a massive spill and large death toll in downtown Liberal Montreal before the Liberals will try to help get another pipeline built.
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Originally posted by fjlip View PostGreens, NDP wackos, Enviro Nazis, certain lazy Native groups have all the answers...ALL FOSSIL FUELS ILLEGAL! Land is covered with windmills and solar panels. Electric only car/trucks. No livestock, no grains, just lush green grass, pristine waters and trees...happy birds chirping...people?... well if any want to live in paradise, like about the year 1900...they are taking names
As for economics of moving oil why would the oil cos change , they were doing very well as it is, its only those working for the cos that are hurting ,and sooner or later they have to run out of places to drill ,so I think those people had better start to look for new cariers.
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