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So Much For Falling Oil Demand

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    So Much For Falling Oil Demand

    Canadas own regulator predicts a 40% increase in crude production. Canada on its way to 7M bbl per day in 20 yrs, almost double our current production.

    Read the report for your self. Funny result for a sunset industry.

    https://www.cer-rec.gc.ca/nrg/ntgrtd/ftr/2019/index-eng.html Canada’s Energy Future 2019

    Renewables still a fraction of our mix. Coal is sacrificed for natural gas. In 20 yrs wind and solar will still not be economical other than virtue signalling sideshow. No real commitment to Nuclear which is surprising.

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    #2
    Best of all, Canada is going to do it in a way that our own emissions from FF will flatline. Again natural gas is key to that.

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    Comment


      #3
      Originally posted by jazz View Post
      Canadas own regulator predicts a 40% increase in crude production. Canada on its way to 7M bbl per day in 20 yrs, almost double our current production.

      Read the report for your self. Funny result for a sunset industry.

      https://www.cer-rec.gc.ca/nrg/ntgrtd/ftr/2019/index-eng.html Canada’s Energy Future 2019

      Renewables still a fraction of our mix. Coal is sacrificed for natural gas. In 20 yrs wind and solar will still not be economical other than virtue signalling sideshow. No real commitment to Nuclear which is surprising.

      [ATTACH]5400[/ATTACH]
      [ATTACH]5401[/ATTACH]
      Isn't it funny how wind and solar are always shown in green on these charts. The least green of all of the current offerings. Hydro and Natural Gas or even Nuclear would have been more accurately displayed in green.

      Your title makes it sound like there was ever any doubt about oil demand growth. Near as I can tell, the only place there wasn't growth was in Chuck and Grassfarmers posts, and the misleading headlines they were cut and pasting.

      Comment


        #4
        Originally posted by jazz View Post
        Canadas own regulator predicts a 40% increase in crude production. Canada on its way to 7M bbl per day in 20 yrs, almost double our current production.

        Read the report for your self. Funny result for a sunset industry.

        https://www.cer-rec.gc.ca/nrg/ntgrtd/ftr/2019/index-eng.html Canada’s Energy Future 2019

        Renewables still a fraction of our mix. Coal is sacrificed for natural gas. In 20 yrs wind and solar will still not be economical other than virtue signalling sideshow. No real commitment to Nuclear which is surprising.

        [ATTACH]5400[/ATTACH]
        [ATTACH]5401[/ATTACH]
        Lets keep repeating and LOUDLY like Catherine says "those people" should!
        Reality/common sense might sink through the thick mental blockages.

        Thanks jazz

        Comment


          #5
          I thought Trudeau was going to kill oil!

          Prime Minister Harper said we would stop using it and fossil fuels as an energy source by the year 2100. What a radical! LOL

          This forecast clearly show the end of coal for electricity before 2030. Other than natural gas our electricity supply will have quite low carbon emissions. And renewables are a significant part! Hydro looks dominant.

          No doubt we will be dependent on oil for many decades until another large supply of portable energy comes along. What will it be? Batteries for sure. Hydrogen?

          Oil will also remain an important industrial feed stock for petro chemicals.

          Its not all gloom and doom is it? There are lots of opportunities for investment, innovation and new technology.

          Comment


            #6
            Trudeau says we will be using oil for along time in this country.

            Comment


              #7
              Hydrogen, or hydro as in water?

              Comment


                #8
                Originally posted by malleefarmer View Post
                Hydrogen, or hydro as in water?
                hydrogen as in fuel cells. Toyota said all its manufacturing and cars would be zero emission using hydrogen fuel cells by 2050. Not sure if they still stand by this. Can it be done?

                They already have the Mirai. "Mirai is the first mass production hydrogen Fuel Cell Electric Vehicle. Powered by hydrogen, it enables you to enjoy silent, responsive, long distance, zero CO2 emissions driving - while only emitting water from the tailpipe."

                Looks like there are only 3 hydrogen filling stations in Canada at the moment.

                There are 44 stations in California and about 7800 vehicles in the USA.

                https://www.toyota.ca/toyota/en/safety-innovation/hydrogen-fuel-cell-mirai https://www.toyota.ca/toyota/en/safety-innovation/hydrogen-fuel-cell-mirai
                Last edited by chuckChuck; Dec 26, 2019, 16:07.

                Comment


                  #9
                  This forecast clearly show the end of coal for electricity before 2030.

                  When is China and India committing to end Coal? Still adding plants...
                  If US elects the RIGHT LEFTIST Democrat, internal combustion engines illegal after 2030.

                  Comment


                    #10
                    But private jets and 10000 sq ft seaside second and third and fourth homes will still be ok ,though, right ??

                    Comment


                      #11
                      Originally posted by fjlip View Post
                      This forecast clearly show the end of coal for electricity before 2030.

                      When is China and India committing to end Coal? Still adding plants...
                      If US elects the RIGHT LEFTIST Democrat, internal combustion engines illegal after 2030.
                      End of coal in Canada. This thread is about a forecast of Canada's energy future.

                      Comment


                        #12
                        Originally posted by chuckChuck View Post
                        End of coal in Canada. This thread is about a forecast of Canada's energy future.
                        So long as its replaced by a viable, economical replacement found here in the west, then I have no problem with this.

                        Comment


                          #13
                          That's what is happening in Sask. Gas, wind, hydro imports, co generation, solar, geo-thermal (which is just beginning), maybe nuclear.

                          Coal is done. Gas is abundant, cheaper and cleaner. Coal with CCS is too expensive says Sask Power.

                          Comment

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