possible new refinery

Symbiotic

Active member
Joined
Dec 11, 2015
Messages
27
Reaction score
29
Location
Vancouver Island/Alberta
At low crude prices refineries and chemical plants will be the only plants in the oilfield making money.

NWR is a good thing, it will help to bring down high diesel prices in Alberta which in turn will spur the economy.
The goverment will make back their money quickly on that one. Even old knot head likes that project.

The oil or refined product needs to get to markets regardless if they are national or international.

Canada should build three pipelines that span coast to coast.

1. For raw crude.
2. For refined product.
3. For diluent.

Then every provinces could draw from it what it wishes and the surplus could exit via the Atlantic or Pacific.

Its about time we stop consuming Venezuelan crude ahead of our own.

Well put! We need to stop being the "bleeding hearted Canadians" that we are and stop foreign ownership of our resources, wether its oil, gas, or lumber etc... Invest in our own private ownership, like pipelines and refineries as stated above, sell it locally and make it accessible and affordable to everyone, then send/sell the surplus abroad.
 

DRD

Active VIP Member
Joined
Oct 21, 2008
Messages
2,755
Reaction score
5,459
Location
Red Deer County
Pretty much, we tend to fiddlefawk around in Canada until it's not worth doing what we should have done 10yrs ago

Case in point: Vaughn Palmer: LNG terminal built on time and ready to roll (just not here)

GLOBAL LNG-Prices sink on Argentina tender result and new supply | Reuters

Price is collapsing making investment uncertain.

More great news for the patch. The endless consultation with tree huggers and Indians coupled with taxes and policy is going to be the end of us.



LNG exports begin from U.S. as Canada sits on sidelines - Calgary - CBC News

AltaGas halts plan to export LNG from British Columbia
 
Top Bottom