The best solution I suspect will depend upon the when of development. Kitimat is already there and can start quickly so that balances out some of the expenses of transportation, plus it boasts access to the entire Asia market. Dauphin could certainly us the industry and would be good once everything was in place so I am guessing that the timing on getting the product to market will dictate the next move.
Pipelines, energy and natural resources
- Thread starter QV
- Start date
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Holy shit! They are so lucky no one died in this
- Reaction score
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Some suspicious looking Canadian Geese were seen nearby......
They were also seen pooping into the reflecting pool, it's all linked.....
They were also seen pooping into the reflecting pool, it's all linked.....
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B.C. admits to $1.5B budget error following BIV investigation
Premier's office blames 'administrative error' for missing $1.5B in gas royalties; experts call the government's explanation confusing, and in some cases, demonstrably false
www.timescolonist.com
Copying this over from the BC Politics page.
But I quickly scanned this and had to wonder what people were thinking when developing the program if it's accurate. Lets design a government program designed to take 50% of the producers net profits as Royalties? So industry puts up all the risk, costs etc. and still pays a 50%? tax.
I am all for responsive royalty rates that adjust in accordance for market conditions...but they must be rapidly changing and transparent mechanisms.
Next door to this proposal is Alberta which apparently is 5% until well cumaltive revenue = cost of drilling/completion. Rates then increase, product dependent from 5-40% depending on commodity price and well maturity.
Next is Saskatchewan at what appears to be 2.5% rates for initial production up to 25 million m3.
Where would you invest if you're a company?
Just makes me shake my head sometimes over why folks think that eating the golden goose will create more geese in future. A better beer discussion is what is the appropriate rate as you can see there is a wide range and what calculation method is best....but companies won't invest in more products if they 're not going to make money.
- Reaction score
- 6,996
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Well the work is obviously going to have to pause on this site...
"Hey guys, take 5...smoke 'em if you got 'em"
NO, WAIT!
- Reaction score
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The BC NDP hates the oil and gas industry with the passion of a thousand fiery suns.B.C. admits to $1.5B budget error following BIV investigation
Premier's office blames 'administrative error' for missing $1.5B in gas royalties; experts call the government's explanation confusing, and in some cases, demonstrably false
Copying this over from the BC Politics page.
But I quickly scanned this and had to wonder what people were thinking when developing the program if it's accurate. Lets design a government program designed to take 50% of the producers net profits as Royalties? So industry puts up all the risk, costs etc. and still pays a 50%? tax.
I am all for responsive royalty rates that adjust in accordance for market conditions...but they must be rapidly changing and transparent mechanisms.
Next door to this proposal is Alberta which apparently is 5% until well cumaltive revenue = cost of drilling/completion. Rates then increase, product dependent from 5-40% depending on commodity price and well maturity.
Next is Saskatchewan at what appears to be 2.5% rates for initial production up to 25 million m3.
Where would you invest if you're a company?
Just makes me shake my head sometimes over why folks think that eating the golden goose will create more geese in future. A better beer discussion is what is the appropriate rate as you can see there is a wide range and what calculation method is best....but companies won't invest in more products if they 're not going to make money.
That is all.
Job loss? Holes in the provincial budget that you could drive an aircraft carrier through?
Whatever, as long as we are dogmatically pure.
- Reaction score
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That would align with my previous experiences in BC. And in BC Forestry. Just out of date on the current policies but makes a person shake their head to say the least.
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Trump shares a news headline that says ‘Canada on notice’ following Venezuela oil deal
Written by Solomon and reporter Misty Severi, the article states that Trump’s deal with Venezuela puts 'pressure on OPEC and Canada in the race for energy supremacy.'
www.cp24.com
One almost has to feel bad for Danielle Smith. Almost.
Would you expect otherwise from Donald. The U.S. actions in Venezuela demonstrate that they have a closer affinity to China (with Tibet) and Russia (Georgia, Ukraine etc.) than they do to any other western nation. But even if they didn't, Carney pulled the rug out from under the Alberta/U.S. by refusing to consider a south bound pipeline during the latest negotiations. And I think that their oil is very close in chemical composition to the Tar Sands so it makes a logical substitute. He also needs oil for California and it isn't likely to be available from Canada anytime soon if ever.Trump shares a news headline that says ‘Canada on notice’ following Venezuela oil deal
Written by Solomon and reporter Misty Severi, the article states that Trump’s deal with Venezuela puts 'pressure on OPEC and Canada in the race for energy supremacy.'
One almost has to feel bad for Danielle Smith. Almost.
- Reaction score
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He can buy oil.
Water for California (Arizona, Nevada, Utah, Wyoming, Colorado and New Mexico) is harder to come by.
U.S. Imposes Deep Colorado River Water Cuts to California, Nevada and Arizona
Short-term plan cuts water supplies in three states by about 21% in 2027 and 2028, and the plan allows for much deeper cuts after 2028, raising the risk of legal challenges.
www.thepacker.com
Arizona’s water dilemma reminiscent of Heartland aquifer depletion - Daily Independent
OPINION — “A race to the bottom of the aquifer,” and “Water governance aligned with corporate interests.” The two quotations above are from the book, “Running Out: In Search of Water on the High Plains,” by Lucas Bessire.
www.yourvalley.net
....
The tree line is moving north.
The grasslands are moving north.
The arable lands are moving north.
The water supply is moving north.
20,000 years of warming.
200 years of history.
- Reaction score
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I dont think Venezuelan oil is going to make a major impact on any Trump time tables. Maybe 5 to 10 yrs from now
- Reaction score
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TRUMP 2028
HavokFour
Army.ca Veteran
- Reaction score
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This almost slipped under my radar, been a busy weekend.
The west coast can now make use of what is normally just empty containers going back to asia.
Excellent time to start trading with the rest of the world.
breakbulk.news
-MO-10-MINO_GENERIC_WEB_CARDS_TEMPLATE_NEWS-RELEASE-TITLE_EN.jpg)
www.canada.ca
The west coast can now make use of what is normally just empty containers going back to asia.
Excellent time to start trading with the rest of the world.
Prince Rupert Opens $750 Million CANXPORT Hub to Boost Canadian Exports to Asia
Prince Rupert’s new CANXPORT hub adds major export capacity, helping Canada move agriculture, forestry and petrochemical cargo to Asian markets while making better use of containers returning through the PortOfPrinceRupert and CN rail network.
breakbulk.news
Government of Canada marks the grand opening of the CANXPORT facility
Strong, reliable supply chains are essential to Canada's economic growth and global competitiveness. That is why the Government of Canada is investing in transportation infrastructure that improves the efficient movement of goods across the country and to international markets.
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