@acoyne Ya and it’s all because of resources. Oil and gold currently do to prices
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Saskberger
2.2K posts
Saskberger
@saskberger
My opinions are my own, stock trading and energy worker. Sasky boy. Carnivore.
เข้าร่วม Ocak 2020
2K กำลังติดตาม704 ผู้ติดตาม
A trade surplus is not an indicator of that, or of anything, really.
Mark Carney@MarkJCarney
Canada has what the world wants.
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@Mudguy2013 @ExnerPirot Natural gas plants were cheap, not anymore with gas turbine prices tripling and order book years out from a select few manufacturers. It’s a big reason Saskatchewan went back all in with their coal fleet refurbished. Yes AECO feedstock is ridiculously cheap though
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@ExnerPirot Pretty hard to build nuclear in AB with cheap AECO and inexpensive plants. 1 GW Cascade was under $1B, nothing can match that.
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Yes this large reactor build will be expensive but Ontario seems to be the only province in Canada that has figured out that we need to build GWs of new firm electricity generation, and everyone else is just ragging the puck cause they’re afraid of the inevitable rate hikes
CTV News Toronto@CTVToronto
#EXCLUSIVE: Ontario enters $300M cost-sharing agreement that could make province the largest nuclear generating facility in the world cp24.com/politics/queen…
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@starman8888 @PweterPwarker @stokdog CANDU reactors use natural enrichment level but need heavy water ( D2O )
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@PweterPwarker @stokdog Nuclear enrichment is heavily restricted internationally as it’s the same technology that is used to produce nuclear weapons. It’s also extremely technically difficult and expensive.
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@jzed87 @Bratt_world Not compared to mid 2000’s dollar and last time we had sustained ~$100 bbl oil prices. During that time our purchasing power was strong and thus lower fuel prices compared to now
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Why would the industrial carbon tax apply to gas pumps in the city ?
Daniel Pharand@Danomachinist
@Bratt_world Of course it does you idiot. Fuck you’re a retard.
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@Bratt_world I just said oil price has gone ballistic, so obviously yes. Also our dollar sucks so that ain’t helping as well
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@saskberger So it has absolutely nothing to do with the global oil shock ? Nothing at all??
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@Bratt_world lol, well feedstock ( oil price ) has gone ballistic obviously as well. We are also in roll over into summer fuel switch. Many many factors on refiners feed stock at points in time with futures contracts etc etc. Previous stocks / storage. Either way taxes play a large part
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@rupasubramanya @grok did oil majors leave canada to concentrate on other low cost options after the 2014 oil crash?
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Big Oil spent years fleeing Canada while political elites treated Canada's energy sector like an embarrassment. Now, as global instability grows, they’re rushing back. Great news for Canada. finance.yahoo.com/sectors/energy…
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@chiamia2019 @GasPriceWizard We don’t sell the USA refined oil. Just raw crude and diluted bitumen. Which we produce significantly more than we need for our domestic refining needs. However eastern Canada imports a lot from the USA and Irving imports from Middle East / Africa. Ideally we need to end that
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@GasPriceWizard Sorry to be a bother…doesn’t the US sell our refined surplus at a profit? If so why wouldn’t we keep it here, define it here and make that profit?
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We send them surplus, although in eastern parts of Canada, like Quebec City and NB or NL, oil comes from the U.S. given pipeline limitations
Gail@chiamia2019
@GasPriceWizard Then why are we sending so much to us to be refined….or am I missing something?
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@Bratt_world Forgot to mention our dollar was a lot stronger too. Major impact there as well.
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@Bratt_world The primary issue is taxes. Industrial carbon tax that refiners pass on. Fed tax, prov tax, clean fuel act. On and on, we never had prices this high during the mid 2000’s oil spikes.
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I’ve actually been following the power crisis in America and it’s so so sad.
Some small towns will cease to exist in a few years because there is only one energy provider and they charge more for power than people’s mortgage costs 😢
Hedgeye@Hedgeye
Americans who live near data centers are paying as much as 267% more a month for energy than five years ago.
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@Martyupnorth @the_pauls_pizza Chefs special by the looks of it ?
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That was too easy. Yes, I was at Paul's pizza in Airdrie.
So here's the second & third questions. Which pizza did I order, and what does it say about me?
@the_pauls_pizza you're not allowed to answer.
Martyupnorth®- Unacceptable Fact Checker@Martyupnorth
Guess where I am.
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@Kevin113607 @aeberman12 @ericnuttall Sadly it’s the Canadian way, a store of goods the USA controls. We vote for mediocracy, it’s good “enough”
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@aeberman12 @ericnuttall And with it we continue to sell our greatest asset to the US for a huge discount. Winning? Not sure.
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A revived Keystone pipeline to the US would reset Canada's oil future, says @ericnuttall
It would add up to ~900 kb/d of export capacity into the U.S
And send the ill-conceived West Coast Pipeline & Pathways to a well-deserved death
#OilSands #Pipelines #EnergyPolicy #CanadaEnergy #OilMarkets
Eric Nuttall@ericnuttall
This is potentially a huge deal for the Canadian oil sector: 550,000 Bbl/d of new takeaway capacity, with upsize potential to 900,000, and onstream if FID'd ~2029. If this goes ahead, the "pipe-dream" West Coast pipeline is dead, and with it so too the obsolete Pathways Project.
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without alberta private sector jobs there would be zero private sector jobs added to canada in past 12 months
think about that
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@bigmothufacking Hell ya, I’m a pepper guy. Not sure I can that much though haha
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@Martyupnorth Have to disagree on this one, good sign foreign investment coming back. Especially since shell fled and dump assets cheap not too many years ago. Also likely motivates Shells ownership in the LNG Canada potential future expansion
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A Canadian company gets bought out by a foreign firm, and somehow the CBC spins this as a good deal.
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@Bratt_world Not Normal but everything is cycles , hopefully a big damper on fires this year
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@Bratt_world It took 4 years for the approval, getting built will be much easier. Should have been done 2 years ago
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