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Technically there may be no veto. (Whenever consent is a condition, there is a veto.) Practically, the way the politics work there is in many cases effectively a veto.
Pipelines, energy and natural resources
- Thread starter QV
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QV
Army.ca Veteran
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Even in the current world state, Canada is happy to over-regulate. There is no national urgency for this, it is in fact designed to be slow walked until failure.
daftandbarmy
Army.ca Fossil
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HavokFour
Army.ca Veteran
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Same facility had similar incidents happen in 2017, 2022, and 2024.
daftandbarmy
Army.ca Fossil
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Like a sawmill I worked in once...
It had been assembled from the surviving parts from three mills that had burned down, then burned down after I left (I have a solid alibi ...
)
daftandbarmy
Army.ca Fossil
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Sounds a little too positive...
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Trans Mountain will be at capacity by next month, April, over 18+months ahead of schedule.
That capacity will be at 890,000 barrels/day.
They are spending another 9$ million (which is absolute peanuts) by Jan 2027 to add 'drag reducing agents' that will increase the flow by 10%. That will bring the number of barrels/day to 979,000.
In addition, they are constructing more pumping stations that will be completed in 2028. That will add another 360,000 barrels/day to the pipeline.
By the 2028 Trans Mountain will be shipping 1,339,000 barrels/day to the docks for shipping somewhere in the world.
At 70$ USD/barrel that's 93.7m USD/day or 34.2b USD a year.
That capacity will be at 890,000 barrels/day.
They are spending another 9$ million (which is absolute peanuts) by Jan 2027 to add 'drag reducing agents' that will increase the flow by 10%. That will bring the number of barrels/day to 979,000.
In addition, they are constructing more pumping stations that will be completed in 2028. That will add another 360,000 barrels/day to the pipeline.
By the 2028 Trans Mountain will be shipping 1,339,000 barrels/day to the docks for shipping somewhere in the world.
At 70$ USD/barrel that's 93.7m USD/day or 34.2b USD a year.
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Also LNGCanada is looking to build a 2nd train as well
vancouver.citynews.ca
LNG Canada, Coastal GasLink sign pipeline deal
The companies behind the Coastal GasLink pipeline and the massive LNG Canada facility in Kitimat have signed agreements.
vancouver.citynews.ca
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To further expand on this.
In 2024 Canada exported around 4.2m barrels/day. These expansions to Trans Mountain will result in a 10+% increase in the amount of oil exports on a daily basis. By 2028, with no other expansions or additions, exported oil will be at 4.7m barrels a day. That places us as the 4th largest producer and exporter in the world. Which lines up with us having the 4th largest oil reserves in the world.
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I hear the word of the day is "re-export" as in the oil that we export to the US is re-exported to those Asian markets we can't supply by the US Gulf Goast ports.
Much of it without further processing.
Too bad we didn't have any leverage to get a better deal on our WCS.
We could get a better deal if we had more pipeline capacity. The US has been buying oil/ natural gas cheap from around the worked and selling it at a profit for decades. If you look at the pipeline protest and the major source of funding behind them it makes a person wonder.
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Much of it funded by the heirs of the Standard Oil Rockefellers.
The Rockefeller Brothers Fund (RBF) is a significant donor to the Tides Foundation and Tides Center, contributing over $2.6 million between 2020 and 2026 to support environmentalism, social justice, and specific organizations like Palestine Legal and the Adalah Justice Project. This funding is part of a broader network of left-leaning philanthropy.
NGO Monitor +3
Key details regarding Rockefeller funding of Tides:
- Rockefeller Brothers Fund (RBF): A major donor, RBF has provided significant funding for climate change initiatives and, more recently, contributed nearly $1 million in 2023, largely earmarked for groups like Palestine Legal and the Adalah Justice Project.
- David Rockefeller Fund: This separate entity has supported Tides-funded projects, such as the Detention Watch Network and groups focused on criminal justice reform.
- Rockefeller Philanthropy Advisors (RPA): In 2023, RPA made grants totaling millions to the Tides Center, Tides Advocacy, and the Tides Foundation.
- Focus Areas: Funding from Rockefeller entities through Tides often supports environmental advocacy, social justice initiatives, and left-of-center organizing.
- Context: These donations are part of a wider ecosystem of large philanthropic organizations—including the Open Society Foundations and Ford Foundation—that use the Tides Foundation as a "pass-through" to fund various non-profit projects.
NGO Monitor +5
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It sounds like US companies are buying up all capacity in the pipelines down to the US, then they are re-selling it when it hits the docks in Texas to the highest bidder. If that's the case, then those same Asian buyers should be 'going back to the source' and buy the oil before it hits the docks - meaning back in Alberta and doing exactly what the US firms are doing.
if there was only a way to deliver the product. Have the oil companies in the U.S. bought most of the product being delivered to VR.
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