smokinafatty
Active Member
Nope. We're getting paid, so we're on a paid vacation right now. Hell, keep it shut down.
http://politicalticker.blogs.cnn.com/2013/10/05/house-votes-to-give-furloughed-federal-workers-back-pay/
It's Canada's fault the US gov shut down.
- Thread starter ricky1lung
- Start date
http://politicalticker.blogs.cnn.com/2013/10/05/house-votes-to-give-furloughed-federal-workers-back-pay/
Doer
Well-Known Member
Two Markets. Two Oceans. No Panama crossing with either. So that is the choice....see?
BTW, where are MOST Canadians on the fraking thing?
Doer
Well-Known Member
If that was so, we would kow-tow to China for the oil to go west through B.C., by blocking the Keystone Pipeline south, to the other oil market...oh wait....
ChesusRice
Well-Known Member
One of the most important facts that is missing in the national debate surrounding the proposed Keystone XL tar sands pipeline is this Keystone XL will not bring any more oil into the United State for decades to come. Canada doesnt have nearly enough oil to fill existing pipelines going to the United States. However, existing Canadian oil pipelines all go to the Midwest, where the only buyer for their crude is the United States. Keystone XL would divert Canadian oil from refineries in the Midwest to the Gulf Coast where it can be refined and exported. Many of these refineries are in Foriegn Trade Zones where oil may be exported to international buyers without paying U.S. taxes. And that is exactly what Valero, one of the largest potential buyers of Keystone XL's oil, has told its investors it will do. The idea that Keystone XL will improve U.S. oil supply is a documented scam being played on the American people by Big Oil and its friends in Washington DC
http://switchboard.nrdc.org/blogs/aswift/keystone_xl_is_a_tar_sands_pip.html
ChesusRice
Well-Known Member
By Mark ClaytonStaff writerChristian Science Monitor
updated 3/9/2012 11:08:14 PM ET2012-03-10T04:08:14
-
Often lost in the political wrangling over the controversial Keystone XL pipeline – on hold after President Obama rejected TransCanada’s initial construction proposal – are some key findings that run counter to the rosy picture of abundant supply and lower prices so often painted by US politicians.
These little-publicized findings are contained in the studies and testimony of experts working for TransCanada, the company that wants to build the pipeline from Alberta’s tar sands across America’s heartland to Gulf Coast refineries
updated 3/9/2012 11:08:14 PM ET2012-03-10T04:08:14
-
Often lost in the political wrangling over the controversial Keystone XL pipeline – on hold after President Obama rejected TransCanada’s initial construction proposal – are some key findings that run counter to the rosy picture of abundant supply and lower prices so often painted by US politicians.
- More US news from the Christian Science Monitor
These little-publicized findings are contained in the studies and testimony of experts working for TransCanada, the company that wants to build the pipeline from Alberta’s tar sands across America’s heartland to Gulf Coast refineries
ChesusRice
Well-Known Member
This report shows how Keystone XL will help maximize Big Oil’s profits while doing nothing to enhance U.S. energy security. It explains that:
- there is currently a glut of pipeline capacity from Canada to the U.S. with around 50% currently unused;
- Canadian oil production is not forecast to fill existing pipeline capacity until after 2025;
- this means that Keystone XL would simply be diverting oil to the Gulf Coast that would have supplied the Mid West;
- this will likely raise the price of Canadian oil in the Mid West as Canadian oil moves from surplus to shortage;
- Gulf Coast refiners represent a comparatively limitless market because they are able to export products to anywhere in the world;
- With U.S. gasoline demand in terminal decline, Gulf Coast refiners are maximizing diesel output to serve the export market;
- With 25% of refinery output and growing going to export, the Gulf Coast is becoming an international refining center in which U.S. domestic demand is becoming increasingly irrelevant.
Dr Kynes
Well-Known Member
one of three copy/paste posts attributed. hey youre getting better!
but you are still listening to fools and repeating what they say.
oil going into a refinery is bought by the refinery, and then sold as finished materials by the refinery for sale to whoever will pay the best price for it.
pretending that this is some nefarious scheme to sell canadian oil to china by bulldozing and poisoning the midwest with the evil pipeline is specious.
greater supply moving faster to refineries will reduce the global market price, which means the saudis, iranians and new "Post-Baathist" shiite dominated iraqis will lose money.
when sandland has less money, they cannot buy as many gold curtain rods, blue silk drapes, gucci sunglasses and katuscha rockets for hamas and hezzbollah.
it's win/win!
but you are still listening to fools and repeating what they say.
oil going into a refinery is bought by the refinery, and then sold as finished materials by the refinery for sale to whoever will pay the best price for it.
pretending that this is some nefarious scheme to sell canadian oil to china by bulldozing and poisoning the midwest with the evil pipeline is specious.
greater supply moving faster to refineries will reduce the global market price, which means the saudis, iranians and new "Post-Baathist" shiite dominated iraqis will lose money.
when sandland has less money, they cannot buy as many gold curtain rods, blue silk drapes, gucci sunglasses and katuscha rockets for hamas and hezzbollah.
it's win/win!
ricky1lung
Well-Known Member
^^^This
It is a shared economic interest. It is more about keeping profits from other nations than it is lower fuel
prices at home.
Canada has the third largest proven oil reserves in the world. We are behind Venezuela & Saudi Arabia.
There is plenty of oil. It is a matter of who to buy it from and who to keep the money away from.
ricky1lung
Well-Known Member
The fracking thing is surprisingly quiet here, with the exception of people living near areas where fracking is done.
Just like anything else we have our supporters and opponents.
ChesusRice
Well-Known Member
And what better way to keep profits away fom others than to sell it here in the midwest United States where the pipeline ends now ?
bird mcbride
Well-Known Member
Oil is no longer an issue here in Canada. We know longer require it for producing electricity. Our reliablity on nucleur reactors are down also to the Bruce and Point Lapro reactoers. I haven't recieved any recent information about Point Lapro but I know that Bruce is burning tailings (spent rods) and the others are shut down. A not so completely new technology has come into play to produce hydro which hasn't any pollutive side effects on the ecosystem what so ever. Of course these inovations will remain secret until a specified date where the author will release the data to the rest of the world. Just like the U.S. , Canada has to look after it's best interest. I can't have a whole bunch of unemployed angry people like what happened with the barcode. I say we treat it like a hockey game. Who are you guys willing to trade for steven?...
heckler73
Well-Known Member
Are you talking about Run-of-River Hydro-elex generation?
Dr Kynes
Well-Known Member
Dr Kynes
Well-Known Member
[h=1]The Great Canadian Maple Syrup Heist[/h]
On the morning of July 30, 2012, an accountant named Michel Gauvreau arrived at the Global Strategic Maple Syrup Reserve, housed in a huge red brick warehouse on the side of the Trans-Canadian Highway in Saint-Louis-de-Blandford, about two hours northeast of Montreal. Inside, baby-blue barrels of maple syrup were stacked six high in rows hundreds deep. Full, each barrel weighs about 620 pounds. With grade A syrup trading at about $32 per gallon, that adds up to $1,800 a barrel, approximately 13 times the price of crude oil.
The fiscal year was coming to a close, and the Federation of Québec Maple Syrup Producers had hired Gauvreau’s company, Veragrimar, to audit its inventory. Québec dominates the maple syrup market, and since 2002 the Federation has operated as a legal cartel, setting production quotas and prices, authorizing buyers, and stockpiling syrup. There were around 16,000 barrels here, about one-tenth of Québec’s annual production. The gap between the rows was barely wide enough to walk through, and the rubber soles of Gauvreau’s steel-tip boots stuck to the sugar-coated concrete floor.
He scaled a row of barrels and was nearing the top of the stack when one of them rocked with his weight. He nearly fell. Regaining his balance, he rattled the barrel: It was light because it was empty. He soon found others that were empty. After notifying the Federation’s leaders and returning with them to examine the stockpile, they unscrewed the cap on a full barrel. The liquid inside was not goopy, brown, or redolent with the wintry scent of vanilla, caramel, and childhood; it was thin, clear, and odorless. It was water.
The Federation would need two months to tally the losses to the stockpile. Sixty percent, or 6 million pounds of syrup, had vanished, worth about $18 million wholesale. The bold and baffling heist counts as one of the largest agricultural thefts ever, dwarfing the 860 head of cattle snatched in Queensland, Australia, last spring and the potato patches the size of a football field that were dug up in British Columbia in August. Siphoning off and transporting so much syrup was no mean feat. It would have taken more than 100 tractor-trailers. “To steal that amount of maple syrup means you have to know the market,” says Simon Trépanier, acting director of the Federation. “We are talking about big players.”
The theft was also an existential threat to the Federation, which had viewed its growing strategic reserves as the final step in stabilizing prices, locking in buyers, and ensuring loyalty from its producers. For the past decade it had struggled to overcome opposition to its reign in a series of legal battles the local media had christened “The Maple Wars.” Some observers have suggested that their attempts to control the syrup supply had, in fact, catalyzed an underground economy.
http://www.businessweek.com/articles/2013-01-02/the-great-canadian-maple-syrup-heist
Only In Canada.
On the morning of July 30, 2012, an accountant named Michel Gauvreau arrived at the Global Strategic Maple Syrup Reserve, housed in a huge red brick warehouse on the side of the Trans-Canadian Highway in Saint-Louis-de-Blandford, about two hours northeast of Montreal. Inside, baby-blue barrels of maple syrup were stacked six high in rows hundreds deep. Full, each barrel weighs about 620 pounds. With grade A syrup trading at about $32 per gallon, that adds up to $1,800 a barrel, approximately 13 times the price of crude oil.
The fiscal year was coming to a close, and the Federation of Québec Maple Syrup Producers had hired Gauvreau’s company, Veragrimar, to audit its inventory. Québec dominates the maple syrup market, and since 2002 the Federation has operated as a legal cartel, setting production quotas and prices, authorizing buyers, and stockpiling syrup. There were around 16,000 barrels here, about one-tenth of Québec’s annual production. The gap between the rows was barely wide enough to walk through, and the rubber soles of Gauvreau’s steel-tip boots stuck to the sugar-coated concrete floor.
He scaled a row of barrels and was nearing the top of the stack when one of them rocked with his weight. He nearly fell. Regaining his balance, he rattled the barrel: It was light because it was empty. He soon found others that were empty. After notifying the Federation’s leaders and returning with them to examine the stockpile, they unscrewed the cap on a full barrel. The liquid inside was not goopy, brown, or redolent with the wintry scent of vanilla, caramel, and childhood; it was thin, clear, and odorless. It was water.
The Federation would need two months to tally the losses to the stockpile. Sixty percent, or 6 million pounds of syrup, had vanished, worth about $18 million wholesale. The bold and baffling heist counts as one of the largest agricultural thefts ever, dwarfing the 860 head of cattle snatched in Queensland, Australia, last spring and the potato patches the size of a football field that were dug up in British Columbia in August. Siphoning off and transporting so much syrup was no mean feat. It would have taken more than 100 tractor-trailers. “To steal that amount of maple syrup means you have to know the market,” says Simon Trépanier, acting director of the Federation. “We are talking about big players.”
The theft was also an existential threat to the Federation, which had viewed its growing strategic reserves as the final step in stabilizing prices, locking in buyers, and ensuring loyalty from its producers. For the past decade it had struggled to overcome opposition to its reign in a series of legal battles the local media had christened “The Maple Wars.” Some observers have suggested that their attempts to control the syrup supply had, in fact, catalyzed an underground economy.
http://www.businessweek.com/articles/2013-01-02/the-great-canadian-maple-syrup-heist
Only In Canada.
heckler73
Well-Known Member
Yah... that was a pretty big story up here when it happened. Next will be the "Terrific Tim Horton's Coffee Caper" or something...
BTW, there will be no bacon pipeline. Our own Bacon supplies suffer drastic fluctuations...
But the Butter will flow!!!
Or splooge... whatever it does in pipes...
Dr Kynes
Well-Known Member
dont worry canada, we will leave a light on for ya, cuz we know youre scared of the dark.
Beefbisquit
Well-Known Member
It seems weird that Canada exports most of the crude oil/Bitumen from it's reserves, but imports the majority of fuel it needs.
Are the initial costs up setting up refineries so high that they wouldn't outweigh the savings from not having to import?
Are the initial costs up setting up refineries so high that they wouldn't outweigh the savings from not having to import?
heckler73
Well-Known Member
Actually, I think it is a little more complicated than that. First, there is the East/West divide; Western Oil doesn't go back East. Second, there is the NAFTA clause (I believe it is Sec.11 IIRC...it's been a while since I last looked at it) which requires Canada to maintain a rolling 3-month average of supply for the US.
There are more details to it, as well, but I just can't seem to remember it all off the top of my head...