Alberta Soap Box ūüá®ūüá¶

Comments Effecting Canadian Events – Ken McGregor

Posts Tagged ‘alberta oil sands

Obama’s KeystoneXL Veto – Were Still Optimistic!

leave a comment »


arctic pipline

Proposed Arctic pipeline

Here we are in Alberta, moving into the 3rd month of 2015 and still trying to figure out how we can ship our oil by pipeline to a national market, instead of being held hostage¬†by our only buyer, the US. Can’t ship west , can’t ship east, even trouble increasing output to the US going south thanks to Obama’s veto. Its starting to be one of these topics people are tired of thinking about or just stopped thinking about. It’s probably because the oil is still flowing that people have lost interest . So what’s new that we Albertans be optimistic about?

Aside from oil prices plummeting and Obama’s veto of the Keystone, Alberta’s long-term future sill looks good to me. ¬†The completion of the new Enbridge Inc. Flanagan South and the newly twinned Seaway Crude pipeline in December 2014, allowed large quantities of heavy crude oil from Alberta to flow to the Freeport TX. on the US Gulf Coast for the first time. Elbridge’s network is the first coming from western Canada to the US beating out the Keystone.¬†It will¬†double Canadian shipments to the Gulf Coast to 400,000 barrels a day this year. There wasn’t a lot of fan fare but still a good news story for Albertans .

Another semi good news story which got a lot of attention was the Keystone Pipeline. It finally got passed through the US senate . Normally I’ve been pessimistic over the years of this ever getting passed, but today I’m¬† optimistic regardless of the veto. Just a little. Even though Obama¬†has decided not to give permission for the Keystone, he left the door open for the¬†Calgary-based TransCanada Corp. to reapply for a permit at a later date after coming up with a more environmentally acceptable route. Good News. Also the Republic party leadership intends to attach Keystone measures on to other pieces of legislation like energy, appropriations, the highway bill etc..¬†If nothing else, the ¬†future is looking very interesting for Albertans on this issue.

To put more pressure on Obama, Trans Mountain has applied for a permit for a new cross border pipeline called¬†‘Upland’ that will run in the opposite direction from North Dakota to the proposed Energy East pipeline at Moosomin, Sask. where TransCanada intends to build a 1.05 million barrel receipt and delivery terminal. Since the U.S. Bakken fracking producers¬†also can’t get an answer from Obama regarding the Keystone, they want to ship their oil through Canada by pipeline rather than by¬†less safe¬†rail through the US.¬†If the US government approves this cross border pipeline, that benefits the US, ¬†into Canada, it will prove that the veto of the Keystone is all political. The fight for cross border pipelines isn’t over yet.

Another pipeline that is looking for approval in Canada is Trans Canada’s east west pipeline that will convert an existing TransCanada 40 year-old natural gas pipeline from Saskatchewan to Ontario, connecting it with a new pipeline through Quebec and on to Saint John, New Brunswick. I think Trans Canada will be a lot more involved and vocal to tell the public the benefits than they did with the Keystone. Hopefully with a newly elected conservative government in 2015 this pipeline will have a good chance to be approved. It would be unfortunate in Justin Trudeau and the liberals got elected to govern. It would most certainly be the end of this venture¬†since the pipe must cross over¬†3 providences¬†with¬†3 Liberal governments (Ontario , Quebec and New Brunswick), and since¬†Ms. Wynne and Mr. Couillard have remained vague on their demands.¬† Also Mr. Trudeau has already been telling Quebecers’ that a pipeline through Quebec is harmful. We will¬†¬†need PM Harper’s conservative government for this one. I’ll¬†be more excited after the 2015 election when the Conservatives get re-elected..

The pipeline I find most exciting for Albertans and Canadians, is the proposed Arctic route from Fort McMurray to the northern port of Tuktoyaktuk, then to Pacific and Atlantic markets.  Since the Harper government reduced the layers of oversight, centralizing the territory’s complex land and water board system into a single review board, this route is plausible. A northern pipeline project could make 35 million barrels of diluted bitumen a year available for trans-ocean export. There might be a pilot project using small test shipments that could be started this year (2015). Very exciting for Albertans. With friendly provincial and territorial governments ready to do business, this could turn out to be the ultimate pipeline for Alberta.

There is definitely lots happening in the pipeline sector for Alberta. From the newly operating Flannigan pipeline taking Alberta oil to the US, to the proposed Arctic pipeline. Very exciting times for Alberta and Canada.

Please leave a comment below or email: ALBERTASOAPBOX@gmail.com

 

Oil Sands Hypocrisy

with one comment


orinoco 01Utah has¬†little problem with their oil sands, yet¬†Alberta’s oil sands and the Key Stone Pipeline is trashed around the world as an environmental nightmare. Why the hypocrisy? This is a question that no one seems to want to tackle and give an answer. Oil sands are the same around the world. You can’t have¬†good and bad oil sand. So why is the world just picking on the¬†Alberta oil sands? The argument of being an environmental catastrophe just doesn’t wash.¬†¬†Since other oil sands around the world are not being attacked by the same environmental groups with the same gusto as¬†attacking Alberta, how can it possibly be an environmental motive that drives the push to shut down the Alberta Oil Sands. ¬†Just the idea of an environmentalist having two different views on oil sands depending on the country is ludicrous. ¬†It can’t be. The drive to shut down the Alberta Oil Sands must have another motive.

Venezuela is now producing more extra heavy crude in the Orinoco oil sands than its four upgraders can handle. The upgraders have a combined capacity of 630,000¬†bbl/d . There is¬†approximately 300 bn bbl of bitumen estimated to be recoverable (largest recoverable deposit on earth) compared to Alberta’s 168 bn bbl.¬†¬†The mostly¬†in-situ operations, as in Alberta (80%),¬†in Venezuela¬† are massive and very carbon intensive projects, so where is the protest to shut down Orinoco. Where is¬†the outrage and the news coverage. The largest oil sands deposit on earth being mined with little to no CO2 emissions regulations and¬†hardly a word.

The USA also has its oil sands production going on in the¬† Uinta Basin¬†in Utah. Although the Utah’s Uinta Basin bitumen deposits contain 90% less sulfur than the bitumen found in Alberta’s Athabasca region and Venezuela which averages about 5%, it is still Oil sands and comes with all the environmental problems all oil sands come with. Again, little opposition for the Utah product to be shipped by pipe through the USA. Not a word from the Obama administration.

An Italian oil company¬†ENI announced a project to develop a small oil sands deposit estimated between 500 million and 2.5 billion barrels reserves of recoverable oil sands ¬†in the Republic of Congo. Production is scheduled to commence in 2014. Small potatoes compared to Venezuela and Alberta but still oil sands.¬† Again very little criticism from our world environmentalists¬†even though it could¬†¬†destroy the Congo’s rainforest.

We could¬†go on with examples around the world from Russian oil sands to ¬†Kazakhstan, bottom line, Alberta is the only¬†oil sand producing country that is getting the shaft from the environmental community. Why does¬†so many factions¬†want Alberta Oil Sands and the Keystone pipeline¬†shut down or reduced to limited production. The answer has little to do with the environment and much more as to who is going to get the oil business and make the money. Venezuela¬†is going to be a big winner with the Alberta oil sands stalled. With its business dwindling to the US and oil accounting for 90% of its export business¬†, Venezuela has sold China¬†on their oil sands¬†resulting in China¬†dramatically altering its international investment policy, pulling back on its plans for direct participation in Canada‚Äôs oil sands. With Alberta Oil sands land locked its businesses as usual for the other oil-producing countries, the environment and CO2 emission’s be dammed.

As¬†David Hannum once said “there’s a sucker Born every minute”. Guess they all ended up in Canada since we’re the biggest dupe’s and losers in the oil sands environmental game. We coulda , woulda been a world-class¬†oil-producing nation if only we had known what game we were playing.

Please comment below or email me direct at ALBERTASOAPBOX@gmail.com

 

BC Premier Clark and The Enviormental Bogeyman

with one comment


News shocker! Alberta blocks BC truckers from travelling to East Canada. Wants its FAIR SHARE

So Christy Clark , leader of the BC liberals, whats to kick Alberta and Canada in the face with her selfish politics and greed. Well , I have always said what goes around comes around and in Premier Clarks case I doubt very much she will be the premier come next election. The only thing she stands up for is her own political survival and the BC voters are seeing and hearing this loud and clear.

Trying to pick the pockets of other provinces for transporting goods through BC goes against decades of cooperation. Asking the Alberta taxpayers to subsidize the Gateway Pipeline because it runs through BC is ridiculous and sets a very bad precedent for trade between provinces. I think Premier Clark forgets that BC is just as isolated from the rest of Canada as Alberta is isolated from the west coast sea ports. Quite frankly her thinking is foolish.

Environmentalist and Premier Clark  have been exaggerating and misrepresenting environmental problems of the Gateway Pipeline to the BC residents just for their own gain and agenda, just looking after number one, and stiffing the rest of Canada who badly needs the riches of the oil sands. These games they are playing will cause delays in a west coast pipeline that will cost Alberta and Canada the oil market with Asia that we are all counting on to pay for health care and other benefits we have been accustom to. Only today , Venezuela announced it will be looking to China to sell its oil. Being one of the largest oil reserves in the world with ease of access ( unlike Canada thanks to the BC Premier and the environmental Bogeyman) will give Venezuela a major advantage over Canada. How long is the Asian market going to wait for Canada?

So, is BC prepared to increase their transfer payments to subsidize Alberta, Saskatchewan, NWT and the other Canadian provinces for their loss of oil revenue since they are responsible for blocking oil commodities from travelling to west coast ports for sale ? Is BC prepared for retaliation from the other provinces. Does BC really think they can strip Canadian provinces from their major source of income with no consequence? I would suggest that Premier Clark think again. The path she and her environmental cohorts are on will only cause a lot tension between provinces. BC would be in shock if Alberta decided to block all truck traffic travelling through to the east demanding its FAIR SHARE of taxes from the BC taxpayer.

Here is BC’s¬†Premier Christy¬†Clarks email address premier@gov.bc.ca¬†. Email her and tell her to quite using our livelihoods¬†to further her own political career¬†, Its shameful, and to get a pipeline¬†approved to the west coast ASAP.

Please comment below or email me at ALBERTASOAPBOX@yahoo.ca

Is The Gateway Pipeline Just A Trick?

leave a comment »


What if the Northern Gateway pipeline was just a¬†trick¬†and the real target to get Alberta Oil to market was to ship it to Prince Rupert by train. By now it should be obvious to¬†even the harden supporter¬†that the Gateway has so much bad publicity and environmental flaws that there is no way it’s going to fly. So why is it still being touted as the only and best way to get Alberta Oil to the pacific. Maybe its the perfect bait and switch.

When Warren Buffett and Bill Gates sparked some speculation with their¬†visit to Canada’s oil sands in August 2008, most thought they might invest in the oil sands companies. But instead, Bill Gates and Warren Buffett, have both been investing in railroads. In 2011 Bill Gates became largest shareholder in Montreal-based Canadian National Railway with over 10% of the shares.¬†A $3.8 billion dollar investment. Huge even for a Bill Gates investment. Buffett’s Berkshire Hathaway¬†acquired the Burlington Northern Santa Fe railroad in 2010 after having first bought up over 20% of its shares over a period of several years . And now the Burlington Northern Santa Fe is among the U.S. and Canadian railroads that stand to benefit from the Obama administration‚Äôs decision to reject the Keystone XL oil pipeline permit. Turns out¬†a very smart investment from very smart investors.

And then there is the Canadian National Railway, the company that Bill bought, now considered¬†the biggest Canadian railroad based on annual sales, considers the Alberta oil sands a chance to expand its business, according to company filings. Flying under the radar¬†of the environmentalists rath, it¬†already has an established right-of-way to Prince Rupert¬†and could start shipping oil¬† to Asia as soon as loading facilities are built . Its been calculated that¬†CN Rail has the capacity to deliver 2.6 million barrels of bitumen to Prince Rupert each day, compared to 525,000 barrels via the Northern Gateway Pipeline. Plus CN has already upgraded their track. A wise move by CN. Sounds like a lot more dollars in Bill Gates pocket and a great plan, but¬† another blow for Premier Clark. And all the while the environmentalist and first nations have been putting all their efforts to stop the Gateway and the Keystone pipeline. Dumbo’s. Do they really think they are smarter than Gates and Buffet.

The Alberta Oil Sands will get their oil to market. My guess is that the Harper government will say, oops, your all right, the Gateway pipeline and that untrustworthy Enbridge with all its oil leaks is a no go. How about we  use CN Railway. A great Canadian company with a great record. With the likes of Bill Gates, Warren Buffet and now the Chinese all with billions invested, its going to happen. In the mean time the environmentalists are being led around like the bunch of sheep and dopes that they are.

Ship Your Crude Oil Products by Rail. When you choose CN’s Crude by Rail service, you choose to ship cleaner and greener.
http://www.cn.ca/en/shipping-north-america-crude-by-rail.htm

Just a thought!

Please comment below or email ALBERTASOAPBOX@yahoo.ca

.

Climate Change Denier -The Climate Is Changing

leave a comment »


(images created by Robert A. Rohde / Global Warming Art) We are in a deep freeze not global warming

If the 65 million year climate change graph where a stock chart we would have bailed out or shorted the stock long ago. Regardless what all the environmentalist say we are witnessing some of the coldest temperatures in our 65 million year history. Temperatures are only considered to be increasing if viewed for the last 150 years, from 1850 onward which is what climate change fanatics like to point to while ignoring the complete history. So , yes, you climate deniers, the climate is changing , but history suggests we are presently in some of the coolest times in history.

Looking even further back over the past 540 million years, we are actually below the average temperature(15c¬†– to cold for dinosaurs) which¬† fluctuate from around 12¬įC up to 22¬įC. The cooling periods seem to have all bottomed at around 12C. If this is the case we may be naturally headed for warmer times ahead .

540 million years of climate change and 65 million year graphs

Charging a carbon tax on CO2¬†(Alberta Oil Sands)¬†isn’t going to stop the change. It will just transfer our wealth to someone else.

In the last 4500 years there has been as many as 75 major temperature¬†swings, none of them caused by cars or big industry. As late as the 1800’s we were just coming out of the little ice age. The fact is, global warming and cooling will go on with or without man’s involvement. This doesn’t¬†mean we should go out and pollute¬†the earth, it just suggest we have very little control over the temperature.

This natural climate change also suggest that we should not be over taxing industry in the name of climate change (carbon tax). All this does is transfer our jobs and wealth somewhere else. Greece is a good example of what happens when over taxing companies that create the jobs. They¬†become less competitive¬†with the rest of the world and¬†end up¬†struggling just to stay afloat. We can’t buy into this carbon tax grab in the name of¬† global warming. All the evidence that is being presented for warming of the climate is from 1850 to today. Just a blip¬†in history.¬†Environmentalist dooms day¬†scenario¬†is purely conjecture. We will always ¬†have devastating droughts like the American dirty 30’s and catastrophic floods like in Japan in 2012¬†, the¬† Netherlands, when the North Sea storms flooded the¬†lowlands with¬†10,000 lives lost in 1916 or the¬†Huang He (Yellow) River in¬†China in 1642 with a death toll of¬†300,000. Its nothing new.

In a March 28 a letter addressed to NASA Administrator Charles Bolden,¬†a group¬† of 49 former¬†top astronauts and scientist¬†ask NASA and the Goddard Institute for Space Studies to ‚Äúrefrain from including unproven remarks on global warming in public releases and websites‚ÄĚ because ‚Äúit is clear that the science is NOT settled.‚ÄĚ Far , far from everyone, believes in todays global warming nonsense.

Quote from letter РThe unbridled advocacy of CO2 being the major cause of climate change is unbecoming of NASA’s history of making an objective assessment of all available scientific data prior to making decisions or public statements

The one thing we can all agree on is that the climate is changing by looking at the millions of years of climate history. We would be more prudent to learn to work with the changing climate rather to pretend we can stop it. So Deniers, stop denying and worring about the torrential rains in China today and get with the program.With the changing climate can be opportunity.

Please comment below or email ALBERTASOAPBOX@yahoo.ca