Sounds like things are coming together on that front.
Let's move onto a different aspect of the consequences. Are we prepared to deal with two, three, five or ten years of energy crisis? Can we survive the massive industrial slowdown or stops?
I know nothing about the state of our petroleum industry in Canada.
How fast can we ramp up production again. Have we got the logistics to transfer it? If yes, can we transfer to a refinery that could handle our product?
Gas here, was $1.23/ litre @ 17:00 today. It was $2.63 USD/ US gal in Michigan. The state is dusting off their rationing and driving ban policies.
It's not going away soon. Have we got the capacity, us and the US, to keep our reserves up and keep North America solvent in petroleum at the levels we have presently? Would declaring it a national emergency get us self sufficient. How about a moderate price, whatever that would be, with say .75 per litre going directly to increasing petroleum infrastructure by the industry, only with non interfering oversight funded and staffed by existing government resources?
Do we risk, at our peril, not using our own cheaper product rather become totally subservient to OPEC, because, you know, they're so nice they won't try recoup all they've lost politically and financially from us?
Should we not ramp up our coal plants etc to try take some load off petroleum? Yes we're not receiving any coal generated power, according to politicians, but I think the boilers are still staying at heated standby for emergency are they not?
I'll reserve my input until someone that knows the industry, from working within the industry can teach us (me) what we have to work with. I'm also not going to engage in any back and forth, until we at least, determine if we have the capacity for something of this magnitude. While we're dealing with hypotheticals, I'd rather not go down crazy hypotheticals that would lead us nowhere. So no Sheldon Cooper alternate universe string theory please.
Discuss?