Zeihan

[fjlip]

Just like WELFARE, you,your family get hooked and it's real HARD to get off the free money and get off your ASS, and contribute to society or Kebec to Canada!

[6V53]

I'll answer the question for you Chuck. Revenue Quebec collects the income tax, encourages their citizens to cheat when they file,then they can get Albertans to top up their *****ng incomes every year.

[LEP]

Line 3 and the Keystone XL are being held up in the US. Trudeau is committed to building the TMX 2.

This notion that pipelines to improve market access are not moving forward because of Trudeau is an outright lie.

Alberta is experiencing a big downturn because the price of crude and gas has fallen. World benchmark prices for crude have fallen around 20% in the last 10 months or so. Most of the oil sands were and are not economic at such low prices.

Natural Gas prices have fallen because of a glut of natural gas in north america.

Alberta's issues are mostly the result of world supply and demand and a huge growth in oil and gas production in the USA.


The Western Select price differential is part market access and partly a quality issue.

Alberta loves to blame Trudeau for their economic misfortunes.

Who in their right mind thought oil would stay above a $100 per barrel and the boom would last for very long?

As I said before, the oil industry loves to invest when the price is high but quickly leaves town when the price falls.

Take the profits and run.

And blame someone else for your misfortune and mismanagement!

TMX 2 reduces that differential substantially. How much more profitable would your farm be if canola was 20 to 25% higher?

The next thing is an LNG pipeline to the coast as most of the world would love another source of LNG over Russia.

All this adds billions to the federal treasury to pay for Jagmeet’s drugs or Justin’s green energy wants.

[AlbertaFarmer5]

Zeihan has written about https://us11.campaign-archive.com/?u=de2bc41f8324e6955ef65e0c9&id=9e03e3be59 Canada post election . Interesting....

There is no modern Canada without Albertan and Saskatchewan financial strength, and there is no Albertan and Saskatchewan financial strength without the two provinces’ energy sectors. Now, with the Liberals needing Green/NDP support to rule, the already-deep political split is taking on more ideological, more hostile overtones.

The Canadian system is splitting along provincial, economic, demographic and ideological lines, and there is no one in the Trump administration who likes Justin Trudeau personally, ideologically or politically. Add in a now-unrestrained America, an America who sees Canada as a competitor, an America who sees the Canadian government as a mix of annoying and ungrateful and self-righteous, and a complete role-reversal is fully in play. Unless the Canadians can get their shit together, it will be eeeeeeasy for Washington to start cutting deals with individual Canadian provinces to hammer preexisting wedges ever-deeper into the Canadian system.

Alberta has the means and motive to destroy Canada. Washington has the means and motive to destroy Canada. And the likely format of the new Trudeau government is providing the opportunity.

And the other very important take away:

Second, the Americans are likely to take both notice and action

And I would argue that they already are and have been for some time, and that most of what the useful idiots in the green movement and Ottawa are doing is because of this notice. All playing out the way it was intended. Except this way we will have no leverage left when we finally join, just desperation.

[helmsdale]

Danielle Smith has this guy booked for Monday. Should be interesting.

[macdon02]

Danielle Smith has this guy booked for Monday. Should be interesting.

It's ironic that Obama and Thunberg try influencing our election. He might be stirring pot but the two previous opened the door lol. Careful what you wish for...

[sumdumguy]

Yep, talk about foreign interference.

[the big wheel]

You don't know jack about oil or even your own country. The pipelines to tidewater, TMX, EE and NG would have added at lest $10 to the price differential because the product would be pointed at multiple markets. With Venezuela crude dropping off it was the perfect opportunity to grab market share.

They aren't just trying to move the oil, they are trying to increase its value. And Trudeau blocked that with his stupid bills, carbon tax. TMX is NOT built, not even close.

We know more about oil than you think oil companies would be better served if they didn’t charge us domestically way above world price for oil and gas. This expansion that is so sought after gets paid for by the other industries in our country. And mainly within our provinces. Pst in Saskatchewan is a result of stupid spending by our government and not collecting enough from the oil industry to pay for the infrastructure they deemed necessary for the expansion. There is no way they will ever get a higher price just because of increasing output a higher supply of an inferior product does not induce higher price unless the locals pay for it.
Oil is not the future for anyone it is only the last future hope for the bought off walls of rhe world who are making money while the rest of us pay for their involvement in a plan to destroy the country.
We have so many other opportunities for resources and industry that intentionally is getting left behind just to keep the focus and salaries of the losers of oil that want to fight the extreme losers of anti oil. We in the middle pay for both of them carbon tax and pst.

[AlbertaFarmer5]

We know more about oil than you think oil companies would be better served if they didn’t charge us domestically way above world price for oil and gas. This expansion that is so sought after gets paid for by the other industries in our country. And mainly within our provinces. Pst in Saskatchewan is a result of stupid spending by our government and not collecting enough from the oil industry to pay for the infrastructure they deemed necessary for the expansion. There is no way they will ever get a higher price just because of increasing output a higher supply of an inferior product does not induce higher price unless the locals pay for it.
Oil is not the future for anyone it is only the last future hope for the bought off walls of rhe world who are making money while the rest of us pay for their involvement in a plan to destroy the country.
We have so many other opportunities for resources and industry that intentionally is getting left behind just to keep the focus and salaries of the losers of oil that want to fight the extreme losers of anti oil. We in the middle pay for both of them carbon tax and pst.

Who is this "we" that you keep referring to?

And as for oil not being the future, I'll ask the same question I asked Chuck, can you find one credible agency who is predicting a decline in fossil fuel consumption in the foreseeable future?

[jazz]

Did you read the article wheel? Its simple to see, check your bias.

Canada is aging fast and its being supported by the wealth output of two main provinces. That wealth output is their energy sectors. There is nothing else ready for prime time.

What resource would you like t replace oil with? We have lots of potash. Doest seem to be flying out of the ground lately. Ag? Forestry? Mining? All suffering and neglected. Maybe a boom in syrian restaurants though.

So lets go back the old stand by, those green jobs.

Anybody with an ounce of critical thinking can see the forces unleashed in the country. Aging, dependency and no commensurate increase in our economic output to counter it. Canada has entered secular stagnation.