Wexit

[jazz]

You have waited too long . The leverage you might have had is leaving with the decline of oil economy. Sask and alta are turning into have not provinces.

Did you see the EIA report I posted? Nothing of the sort is going to happen. AB needs to position itself for the next gold rush.

https://www.jwnenergy.com/article/2019/9/canadian-oil-production-spike-between-2040-2050-eia/ Canadian oil production to spike between 2040-2050: EIA

A new forecast from the U.S. Energy Information Administration predicts that Canadian oil production will surge between 2040 and 2050 after slow growth in the near decades as market balances shift.

Canadian oil and condensate production is expected to grow from 4.1 million bbls/d this year to 6.1 million bbls/d in 2040, then surge to 9.6 million bbls/d by 2050.
“Canada’s 5.4 million-bbl/d increase in production by 2050 is a result of oilsands development, particularly toward the end of the projection period, as easily accessible global resources are increasingly depleted and global oil prices gradually increase,” the EIA said. Its reference case predicts Brent oil pricing to average US$100/bbl in 2050.

[chuckChuck]

Did you see the EIA report I posted? Nothing of the sort is going to happen. AB needs to position itself for the next gold rush.

https://www.jwnenergy.com/article/2019/9/canadian-oil-production-spike-between-2040-2050-eia/ Canadian oil production to spike between 2040-2050: EIA

A new forecast from the U.S. Energy Information Administration predicts that Canadian oil production will surge between 2040 and 2050 after slow growth in the near decades as market balances shift.

Canadian oil and condensate production is expected to grow from 4.1 million bbls/d this year to 6.1 million bbls/d in 2040, then surge to 9.6 million bbls/d by 2050.
“Canada’s 5.4 million-bbl/d increase in production by 2050 is a result of oilsands development, particularly toward the end of the projection period, as easily accessible global resources are increasingly depleted and global oil prices gradually increase,” the EIA said. Its reference case predicts Brent oil pricing to average US$100/bbl in 2050.

What? Now you believe in the experts and economists who are "forecasting" oil production in 2040-2050 based on their data and computer models!!! LMAO

Don't you believe all experts, economists and academics don't know shit!!

Why don't you just ask the farmer down the road to estimate the price and quantity of oil in 2050? Surely they know more than the IEA! LOL

[grassfarmer]

The leadership of CPC was doomed from the start, not that Scheers a bad guy but he got played by certain interest groups that turned on him anyway. Quebec dairy cartel influencing the leadership and then CPC gets no extra seats in Quebec. Hopefully we wont be fooled like that again.

Yep, they are real big players the Quebec dairy cartel - NOT! Over 6 million votes in Quebec but less than 8000 dairy farms. Even if 2 people off each farm voted thats only 1/4 of 1% of the electorate. Time to find someone else to blame.

[AlbertaFarmer5]

What? Now you believe in the experts and economists who are "forecasting" oil production in 2040-2050 based on their data and computer models!!! LMAO

Don't you believe all experts, economists and academics don't know shit!!

Why don't you just ask the farmer down the road to estimate the price and quantity of oil in 2050? Surely they know more than the IEA! LOL

Chuck, you also keep bringing up the decline of the oil industry. And I keep asking for your evidence, or even forecast. Have you found any source that shows fossil fuel usage declining already, or forecasts it to start declining anytime in the future? Can you even find a source that shows renewables outpacing the growth of fossil fuels so far, since we will need that to happen first, before we can start declining the use of fossil fuels?

[bucket]

my farm size has been fairly consistent for the past few years and yet my fuel usage has gone up....so called lower emission tractors burn more fuel it seems...dropped to one combine and still didn't seem to make a difference...

Oh and if you have kids in sports or post secondary school the fuel seems to burn whether you like it or not...

Sometimes I wonder why people that know better make what seem to be stupid comments about the demand of oil decreasing....its not happening in western canada with a growing population...

You can't drive EVs in the middle of nowhere....and public transportation is not happening here...

Saskatchewan is at what 1.3million people now....there is no bus, train or air service to 99 percent of the communities so how do you think the population moves????

Think they built the regina bypass for rail or plane inconveniences.....nope they built it for trucks....to bypass the city ...think electric trucks in the middle of saskatchewan at minus 40 is going to work?????

anyone that thinks so is a phucking moron.

[chuckChuck]

https://oilprice.com/Energy/Energy-General/Bank-Of-America-Oil-Demand-Growth-To-Hit-Zero-Within-A-Decade.html

Bank Of America: Oil Demand Growth To Hit Zero Within A Decade
By Nick Cunningham - Feb 05, 2019, 6:00 PM CST

“The major driver of structural change in oil demand trends in the next five years and beyond is expected to be electric vehicles,” BofAML said. By 2020, EVs will capture 5 percent of global vehicle sales, which will balloon to 40 percent by 2030, before rising to 95 percent by 2050.

All of that implies a peak in oil demand by 2030, a little over a decade from now. We are in the midst of the “biggest structural shift in demand growth since the proliferation of the car began in the early 1900s,” BofAML concluded.


There are numerous different forecasts available on the outlook for oil. There are too many unknown factors to be certain what will happen. Pick one or look at them all before you decide who's likely correct.

[jazz]

https://oilprice.com/Energy/Energy-General/Bank-Of-America-Oil-Demand-Growth-To-Hit-Zero-Within-A-Decade.html

Bank Of America: Oil Demand Growth To Hit Zero Within A Decade
By Nick Cunningham - Feb 05, 2019, 6:00 PM CST

“The major driver of structural change in oil demand trends in the next five years and beyond is expected to be electric vehicles,” BofAML said. By 2020, EVs will capture 5 percent of global vehicle sales, which will balloon to 40 percent by 2030, before rising to 95 percent by 2050.

All of that implies a peak in oil demand by 2030, a little over a decade from now. We are in the midst of the “biggest structural shift in demand growth since the proliferation of the car began in the early 1900s,” BofAML concluded.


There are numerous different forecasts available on the outlook for oil. There are too many unknown factors to be certain what will happen. Pick one or look at them all before you decide who's likely correct.

Not a chance that happens.

So you don't like the oil sands strip mining but rare earth metals mining and lithium extraction are ok?

Where is all the electricity going to come from? Solar panels? You know the only places in Canada where solar is viable is southern AB and Sk right? how are we going to get that to Toronto and Vancouver? So it will be natural gas generation. That make you feel better?

What an uninformed hypocrite you are chuck

[helmsdale]

Not a chance that happens.

So you don't like the oil sands strip mining but rare earth metals mining and lithium extraction are ok?

Where is all the electricity going to come from? Solar panels? You know the only places in Canada where solar is viable is southern AB and Sk right? how are we going to get that to Toronto and Vancouver? So it will be natural gas generation. That make you feel better?

What an uninformed hypocrite you are chuck

The big thing we're all missing here... EV penetration of 95% by 2050 is kind of pointless considering we're all dead in *checks extinction clock countdown wristwatch* 11 years plus or minus a few minutes?

[Guest]

You have waited too long . The leverage you might have had is leaving with the decline of oil economy. Sask and alta are turning into have not provinces.

surely , you can't be serious??????
i weathered several of these in my time out there
the old prick actually done more damage in the early eighties than his offspring , so far , anyways
if you think the can. patch won't be back you will be sadly mistaken
we were on a 5 yr contract in 81( i think) when the NEP came out everything went south
in fact i signed some papers for a visa to work in australia
there was a convoy of rigs heading south just ****ing hammered alberta
anyone that supports this horseshit should be tried for treason

[fjlip]

The big thing we're all missing here... EV penetration of 95% by 2050 is kind of pointless considering we're all dead in *checks extinction clock countdown wristwatch* 11 years plus or minus a few minutes?

YES CC, Greta and all DOOMSAYERS, we are DEAD by 2030 who the f*ck is driving the EV's? Grow a brain PLEASE!