Keystone XL now in doubt....

[SamStorm]

Looks like a federal judge in Montana has blocked the construction of Keystone XL....
The hits just keep on coming. Expect WCS price to really be in the $hitter now.

https://globalnews.ca/news/4646722/keystone-xl-pipeline-blocked/

 

[Mike270412]

Everyone keeps calling me a conspiracy theorist. Alberta oil will stay in Alberta until the powers that be decide they need it. I will continue lining my hats with tinfoil

 

[Caper11]

15.80 a barrel, hasnt been this low since 2016.

 

[Rjjtcross8]

I don’t think the differential Will narrow till later in 19 and only assuming additional pipeline capacity. Till then It’s going to be a year of challenges once again.

 

[imdoo'n]

definitely not lookin good! thanks nutley, kma.

 

[Caper11]

People better get there ass out and vote is they want change. Theres still alot of people out there that think notley is doing a great job.

 

[ferniesnow]

I don't understand US politics so bear with me. How did this judge get to make the judgement? Did someone protest and file a writ? Can Trump sign an order to just do it or is that no longer effective with the Congress being controlled by the Democrats? Canada is slowly getting screwed from the big environmental money in the US and we don't have the people with the balls to do anything about it.

 

[Caper11]

I don't understand US politics so bear with me. How did this judge get to make the judgement? Did someone protest and file a writ? Can Trump sign an order to just do it or is that no longer effective with the Congress being controlled by the Democrats? Canada is slowly getting screwed from the big environmental money in the US and we don't have the people with the balls to do anything about it.

Same as how the judge blocked trans mountain I guess.

 

[Summitric]

people better get there ass out and vote is they want change. Theres still alot of people out there that think notley is doing a great job.

only government employees or large unions or wind farm builders/employees or solar panel companies/installers etc...

 

[imdoo'n]

lots of Provincial park road pavers and site construction workers, too!

 

[DaveB]

Better report than Global....

 

[Caper11]

only government employees or large unions or wind farm builders/employees or solar panel companies/installers etc...

Yep, take a look at fort macs last byelection results. Sickening actually to see the voter turnout there. The NDP almost got elected there.

 

[Caper11]

https://oilprice.com/Latest-Energy-...t-Oil-Sands-Project-In-Canada-Since-2013.html

 

[retiredpop]

I know a refinery takes a lot of time and money to build but Alberta needs to push for them to be built so we can sell a refined product. Instead of wasting $4.5B for a pipeline that may never be completed that money could have been used for funding some new refineries. But that would entail provincial and federal governments with some vision instead of doing their tiptoe dance with the multi-billion dollar environmental wacko organizations. We shut down a lot of refineries over the years so now we are at the mercy of these people. The last refinery to open in Canada was built 34 years ago. There is something terribly wrong with that.
https://www.oilsandsmagazine.com/projects/canadian-refineries

 

[crashidy]

Funny thing is, Notley was running on the platform of building refineries in Alberta. Haven't seen any movement that direction yet.

 

[Caper11]

I know a refinery takes a lot of time and money to build but Alberta needs to push for them to be built so we can sell a refined product. Instead of wasting $4.5B for a pipeline that may never be completed that money could have been used for funding some new refineries. But that would entail provincial and federal governments with some vision instead of doing their tiptoe dance with the multi-billion dollar environmental wacko organizations. We shut down a lot of refineries over the years so now we are at the mercy of these people. The last refinery to open in Canada was built 34 years ago. There is something terribly wrong with that.
https://www.oilsandsmagazine.com/projects/canadian-refineries

Ummmm the Redwater refinery was recently put online.

 

[Stg2Suby]

What does Sturgeon Refinery (Redwater) actually produce for final products? I thought it was more of a glorified upgrader that also makes ULSD diesel, not a true refinery producing gasoline

 

[NoBrakes!]

refineries produe gasoline and other fuels beside diesel, I really wouldn't call Redwater a refinery. ESSO, SHELL, SUNCOR are Albertas refineries....

You need rigs working, trucks hauling and construction booming to burn the diesel we can already make in the upgraders. We need more refined fuels in the country so we aren't selling cheap tar oil and buying expensive gasoline.

 

[Caper11]

refineries produe gasoline and other fuels beside diesel, I really wouldn't call Redwater a refinery. ESSO, SHELL, SUNCOR are Albertas refineries....

Lol yep its all semantics.

They call themselves a refinery, Im not sure what the second and third stage of the project entails, but I agree I would call it a upgrader right now.

 

[NoBrakes!]

Lol yep its all semantics.

They call themselves a refinery, Im not sure what the second and third stage of the project entails, but I agree I would call it a upgrader right now.

I have heard they aren't approved for 2nd (another upgrader) and 3rd stages yet either.