The Nightmare scenario is truly unfolding. And no one competent is in charge to right the ship:
>Imagine producing a bumper crop of a product in high demand around the globe, only to learn you must settle for a discounted price because there’s no easy way to get your product to market.
>Canadian grain farmers experienced that situation in 2013 and again last winter when their harvest outstripped the transport capacity of Canada’s rail companies. Western Canada’s oil companies are now in the same boat thanks to production gains that have not been matched by export pipeline capacity gains.
futures are still trading at $60bbl tho.. aren't you British? You borrow twice your armed forces budget ($70b) and your "conservatives" want higher taxes and more gun control than our communists.
I don't get it. Canada has traditionally traded a pretty diverse mix of goods, both raw materials and manufactured. Why do your conservatives want to turn the whole country into Saudi Alberta?
Matthew Bailey
Independence now
Fuck this stupid confederation. Free the west and let the east starve and freeze to death. Canada wouldn’t survive if they couldn’t leech off of our people
Christian Morales
A bit angry but this
Jeremiah Smith
>leech off of our people You mean your tar sand?
Blake Jones
If only you knew how bad things really are.
Isaac James
Yeah because BC is going to build it. It’s BCs LNG plant it’s not “yours” (unless you’re from BC)
The federal government has already tried harassing BC over that though
1. The west isn’t just Alberta and not only Alberta is leeched off. We ALL have to send money to them
2. They sent a disproportionate amount of westerners to DIE in the world wars for their Jew masters. They gave us the most deadly tasks and postings and I guarantee it was on purpose and a disproportionate amount of us were drafted and a disproportionate amount of us died. Not only did they leech off our sweat but our blood too
Josiah Wilson
“The differential has blown out to such an extreme level for two reasons, the lack of access to markets and the fact we really have only one customer (the United States),” said Tim McMillan, CEO of CAPP.
Getting an exact number on how much discounts are costing Canada is all but impossible thanks to ingrained sector secrecy about transportation and marketing, he said, adding it’s entirely possible the real costs could be as high as $100 billion per year.
What's the status of trans mountain or whatever Trudeau bought and claimed he'd force through?
Caleb White
It's BC that's cucking Alberta here.
Hudson Stewart
Ben Shapiro is interviewing Stephen Harper on sunday.
John Howard
Canadians need to stop bitching about the prices of things and how their economy is doing badly. Trudeau is ushering in a more inclusive, fair, and just society. If that comes with economic trouble so be it. Canadians are privileged to live in a diverse inclusive and advanced country. If it is so bad there then move to The United States and deal with Trump and his hateful rhetoric that makes the entire country a backwards racist nation.
Jaxson Brooks
If they had apologized and made amends we would’ve taken care of them.
I read an excerpt from Harper's book and his take on Trump/populism is really interesting and surprising (from someone who I'd pegged as a neoliberal). He seems to be very much in line with Tucker: the way to fight Trump-style populism is to re-build the middle class, which these days means fighting the globalist (business) elites.
Dominic Gomez
im a member but i'd prefer they didn't run 2019 unless they agree to form a coalition gov with the conservatives
The Trans-mountain Pipeline Expansion has been halted by the Canadian federal court due to conflicts with First Nation and environmentalist groups. This is simply a cover, however, for the fact that the expansion project should have never been approved in the first place; the market for Canadian crude simply isn't there.
As it stands, the existing Trans-mountain Pipeline is not even used to its full capacity and 99% of what does go to the Port of Vancouver is shipped to California, where most of the world's heavy oil refining infrastructure is. There is absolutely no market in Asia for Canadian crude because it is heavy, sour, and expensive as hell to refine; it makes no economic sense to build the refinery capacity to handle Canadian crude when the world is absolutely awash in light, sweet crude. Also, the Port of Vancouver can't even handle the size of tankers necessary for the volumes of oil required to compete with other producers in Asian markets.
Further, the market in the United States for heavy crude is also dwindling because our LTO production has absolutely skyrocketed since 2009. The U.S. doesn't need or want Canada's shitty crude anymore. This leaves Canada in a very bad situation, as oil production is roughly 10% of Canada's GDP and funds a significant amount of its social programs (which are already underfunded). It is the exact same problem--just to a smaller degree--that Venezuela faced when oil prices crashed in 2014
I've never been directly involved in the Canadian oil industry, but I find it very hard to believe that so many companies made such a tremendous blunder regarding international demand for Canadian crude. I think it was just a cash-grab for Kinder Morgan and a move to throw egg on Justin Trudeau's faggoty little face. And we'll watch him eat crow after proclaiming from the rooftops that Canada doesn't need to play fairly with the U.S.
Justin Cruz
Does nobody ship refined products in bulk? Why not refine the oil on the coast in BC and ship to Asia?
I for one will not be partaking in this thread where we all cuck ourselves into believing we are pathetic. Wallow in your own misery and don’t try to get me with that masochistic self flagellation.
John Kelly
>Ending Global Poverty Begins with Women's Rights wew
Economics. The infrastructure required to refine that kind of volume of heavy crude is absolutely enormous; look all along the U.S. Gulf Coast at the dozens of refineries, the scales of their operations, and the human resources required to keep those facilities running. It doesn't make economic sense to undertake that kind of capital investment risk, and you see this playing out in Canada's existing refinery infrastructure: Over the past few decades, they've closed the doors of 20 refineries due to the changing landscape of the oil market.
It isn't something that couldn't be done in Canada, but the regulatory climate there is becoming increasingly hostile towards the oil industry, which scares off a lot of development that would otherwise take place. For example, Canada very likely has just as much, if not more, LTO reservoirs than the United States has, but "zOMG muh FRAccKING!!"
Looking back on Harper... he wasn't so bad. Fuck, I would be happy to trade Trudeau for Harper if the opportunity ever arised. I would rather have a suspected neo-con as Prime Minister, than a retarded Leftist drama teacher.
