We Don't Need No Stinking Giant Fans

Wow! What a fortunate stroke of good luck for Ol Warren. Ya, right. It pays to be buddies with the Prez. This guy is so bought and paid for.

Hannibal Lector

"Quid pro quo Claris"

So fitting, like dealing with a sociopath.

At first, I thought you were talking about football!

Instead of this.

Buffet's "quid pro quo" makes a cameo appearance?

I didn't see Becky Quick anywhere.

So why the hell is Wall spending all that money on wind mills? 4-5 Billion on CO2. The man is nuts. Well it's not his money anyway.

I don't know. Everybody should ask him.

Boy. I'm glad I bought all that Crescent Point stock. Now if only Surge kicks in. :)

By the time Kinder Morgan and Enbridge build their lines to the Pacific the bottle neck in Cushing won't exist anymore.

Looks pretty silly now with all the rail lines torn up in southern Saskatchewan. Could have shipped a lot of oil and maybe our highways would be in better shape.

Ah probably not.

Those tank cars in the final scene are destined to ride on Warren Buffets Santa Fe Burlington Northern railway all the way to Houston.The basis on Canadian oil going to Houston is $30+ and its all ending up in Warrens bank account.Every day that the XL pipeline isnt built means millions in Warrens pocket.

So tell me again Obamas reason for stopping the pipeline.

'So why the hell is Wall spending all that money on wind mills? 4-5 Billion on CO2.'

Good question a@c. Maybe Brad hates birds and bats. Maybe he is thinking of creating new culinary jobs: mangled Canada Goose with bat wing sauce....Well, they are eating dog (tough) south of the border, in the White house, I'm not making this up! The goose should be tenderized by the time it is slapped around in those giant wind mill fans for awhile so it should be (tender).

Sure is flat out there.

Mamba- Not only that, look at our nice straight borders. What's wrong with the rest of 'youse' ? :~D)

Flat borders, flat landscape. Just real flat. Nothin' wrong with it, I guess it's nice, just it's flat.

The better to see our pretty oil wells, Mamba. Wouldn't want to hide those behind hills.

Like one of my first girlfriends. Just real flat. Nothin' wrong with it, I guess it's nice, just flat...

An NDP horror flick.

Nightmarishly terrorizing, and free to watch.

Whats with all the pump jacks with bent walking beams? Must be Chinese made.

Our two Nova Scotia ski hills are world class according to the CBC. Also our downtown indoor mall is world class.

Smitherenzes >

"Whats with all the pump jacks with bent walking beams? Must be Chinese made."

Nope, Sasky winds, they blow like the dickens, need to stake them down about a 1200m or more.

Are we running out of oil?

Yes and No.

The oil we're 'runing out of' is the light sweet crude that's easy to find in large deposits, and that's cheap and easy to extract and refine.

The oil we're not 'runing out of' is the heavy crude that's expensive to extract and refine. That oil makes expensive fuel.

Of course expensive fuel shouldn't be a big problem in our affluent society.

The oil we're not 'runing out of' is the heavy crude that's expensive to extract and refine.
~North o 60

It's getting cheaper to extract and refine all the time, getting cheaper faster than french fry grease is.

We have been running out of oil for 50 years and we have more today than ever.

smitherenes- Actually, those ARE Chinese made pumpjacks. The older ones say "Made in China", but the newer ones have taken off the markings. There's a huge yard of them at Lampman, about 20 miles NE of Estevan. The comments I got from production people were fairly negative, though I never heard any specific complaints of failures. I was working for Husky, down there, so I suppose it's appropriate for a Chinese oil company to use Chinese equipment. Heck, they're probably part of the same conglomerate.

The oil we're not 'runing out of' is the heavy crude that's expensive to extract and refine.
~North o 60

It's getting cheaper to extract and refine all the time, getting cheaper faster than french fry grease is.
Posted by: Oz at April 20, 2012 1:04 AM

Since I can make biodiesel for less than half the price of pump diesel, that statement either demonstrates ignorance, no real experience, or perhaps not doing it right, maybe all three. In any case facts trump BS every time.

...I can make biodiesel for less than half the price of pump diesel...

Better start up a production facility. A mint to be made...

...facts trump BS every time.

We're not not running out of oil. We're just selling it as fast as possible, as cheaply as the world wants it. Great use of a strategic resource.

There is a huge buffet to choose from when you are a crony
capitalist with a pet president running interference for you.
.

"We're not not running out of oil. We're just selling it as fast as possible, as cheaply as the world wants it. Great use of a strategic resource"

That's right, Brainiac. It's soooo cheap now, we're gonna run out of it.

Except we're not. That's yet another obama lie, per the USG's own data.

"The oil we're 'runing out of' is the light sweet crude"

The Bakken oil is very, very sweet and light.

Now at 500,000 bbl per day, double from 2 years ago.

The word "cheap" does not come to mind, when I watch that video. If those are Bakken wells, You're looking at multi-million dollar investments, to get the first drop of oil flowing. Each.

"You're looking at multi-million dollar investments , to get the first drop of oil flowing"

Yes, and anywhere from 100 to 200 bbl per day when it does flow.

10,000 - 20,000 per day.

300,000 - 600,000 per month

3.6 million to 7.2 million per year.

It's remarkable that no one ever points out that Buffett's politics benfits him, bottom line, while hurting everyone else. Large estate taxes mean hundreds of billions in shares will be coming on the market for him to buy.

Ditto with his support of Obama, who provides Buffett with political approval, as Obama throws a hugely lucrative trade to his railroad by killing Keystone.

Buffett's advocacy of capital gains taxes will kill job creation in the economy, but what does he care: he has his billions.