The world’s media treats new energy supplies like an infinite number of $100,000 prizes landing in your lap. We will never be short of energy, because there is always a new major discovery – Angola, Kazakhstan, Brazil, shale this and that, etc. – to meet rising demand. And they have been sorely needed, because oil demand has grown by 10 million b/d in the past decade alone.
These big discoveries are getting rarer and smaller, while the world continues to rely more and more on fossil fuels. All the major discoveries listed in the last paragraph combined don’t offset demand growth over the past decade, never mind offsetting natural declines. This fact remains true despite the ungodly furor made over renewable energy and electric vehicles, which are hardly gaining traction despite massive incentives and media hype. This fact also is not lost on hugely populous countries, particularly China and India, which are nervously eyeing the world’s oil supplies and buying up whatever crap comes on the market (apologies, Spyglass).
Which brings us to Canada…
h/t Ken (Kulak)
Much of current leadership in Canada would rather develop the technology to somehow permanently bury the oil and natural gas supplies we have.
The author uses the term “greener energy sources”. Which tells me his opinion is useless. The only long term stable energy source this planet has is nuclear. If you are reading or listening to anyone who does not acknowledge that, then just stop.
“…because oil demand has grown by 10 million b/d in the past decade alone…..”
Rachel Nutley is banking on China, India, Angola following her lead with massive Carbon Tax’s to make the pollution go away.
Crazy is what crazy does.
actually nite99, you and Nutley have a lot in common, you don’t understand that you don’t understand. So, 300K/annum only buys bull$hit.
BTW; There were 4 shooters in Dealey that day, and HLO was NOT one of them. And this is another example of “YOU DON’T KNOW”
Canada’s current “leadership” is dragging the country back to First Nations rule. And the First Nations never really liked or understood the iron horse or any of the white eyes contraptions that “hurt” mother turtle. The First Nations, however, did understand the gods of wind, sun, and wampum. They actually quite like the white eyes wampum, with the pictographs of the big queen over the oceans. So “little dancing boy”, the chief of the white eyes is giving much wampum to First Nations to save their lands for the sun and wind gods. Everything was so much better before the white eyes arrived to scar mother turtle in search of the black heart of the fire god.
And if you think this is just a sarcastic narrative that showers “hate” on the First Nations … then you don’t get it. Cause this is EXACTLY how Canada’s leftist leaders think. They think they are blood-brothers (and squaw-sisters) with First Nations. And they shape their policy in hopes of earning their feathers. And if you see something consistent with welcoming to Canada, a 6th century, reprobate, religion from the Middle East … then you are beginning to understand how the 1960’s Eco-hippie wannabe losers really think. And, no … don’t even MENTION nuclear to these “back to nature” Luddites.
“BTW; There were 4 shooters in Dealey that day, and HLO was NOT one of them.”
Unfortunately Patsy Oswald realized he had been set up and panicked. Dallas police and their mob friends took care of that loose end. The gun was bought by mail order – the only traceable way to buy a gun in 1963. Having killed my share of beasts (4 legged) in my lifetime, I remain amazed how a supposed shot in the back of the head made the head bounce back and spray much of its contents backwards. You got me started.
I quiet my office job and now I am getting paid 126 Dollars hourly. How? I work-over internet! My old work was making me miserable,so I was forced to try-something different. 4 years after. ..I can say my life is changed completely for the better! Check it out what i do..
GOOD LUCK……….. http://ow.ly/C4E1307d9Dj
I quiet my office job and now I am getting paid 126 Dollars hourly. How? I work-over internet! My old work was making me miserable,so I was forced to try-something different. 4 years after. ..I can say my life is changed completely for the better! Check it out what i do..
GOOD LUCK……….. http://ow.ly/C4E1307d9Dj
Canada, blessed with untold resources of valuable energy, and cursed with leadership who wish to preen and strut with the “car are evil” crowd and dream up reasons not to harvest it.
Still a clear alternative to Butts, Trudeau, Wynne, Notley remains below the horizon.
No, Kevin, his opinion is not useless. His analysis of long term oil market trends is spot on. ‘Green’ is a political and emotive term, not a substantive one.
“The stark reality is that what will actually wean us off oil will be the actual cost of oil, which will rise as the cheap stuff is used up.”
Quite right, and there will indeed be, over time, a transition to something else. However, the author chickens out from stating what comes next. You are right when you note that the only long term stable replacement for fossil fuels is nuclear
Boy, that escalated quickly.
The big oil story of the past 10 years has been the growth in the USA to the world’s third largest producer, just behind Saudi Arabia. All under the watchful eye of Obama.
Somehow, in Canada, we have been convinced that our oil is dirty. We have been further convinced that we can replace our own oil with renewable energy, even in Alberta.
Canada needs a pipeline to the west coast so that it can open up new markets beyond the US which will continue to buy our oil at reduced prices because they are the only real customer. The completion of Keystone only continues this problem.
A geologist once suggested that fossil fuels are made a lot faster than we think; perhaps within 20 years. Do you edumakated folk think that is possible?
Canada’s overwhelming competitive advantage is in the resource sector should it choose to build on that reality or, conversely, continue with its suicidal war on prosperity. The institutional left in Canada enjoys the participation and or support of about 60% of the nation. For them, the resource sector is “yesterday’s economy”. This widely held mindset is exemplified by the Spawn and his numerous provincial counterparts.
Unlike most civilized nations, Canada’s rulers, perhaps from lack of population pressure virtually halted the privatization of significant tracts of non-agricultural land in the mid 1800s. We suffer from that today as Crown lands, where the (non-agricultural) resource sector mostly operates, are now entirely within the realm of politics. Indians (FNs) have been led to believe (by cultural elites and significantly by pathologically guilt ridden and guilded judicial parasites) that their 3% variously diluted racial minority have title to all of it and all new development falls under their “rule”. Greens have learned that they can leverage their dollars one hundredfold or more by engaging in campaigns directed at politicians rather than buying land they wish to economically sterilize. Urban masses, culturally removed from the resource sector are at worst antagonistic and at best ambivalent to the resource sector.
Whatever happens to change this situation, the prospects of Canadians prospering from its natural advantage at anywhere near optimum capacity are slim. It’s likely that this “arrested development” will persist. Enjoy the decline!
Steve;
Keystone goes to the Gulf Coast ports. Keystone oil can be exported.
Mediocrity = 21st Century Canada.
A shoulder shrugging taxed to the hilt “Ah well” imbecile on a good day and a chronic Americanus Comparatus of the inferiority complex kind everyday, today’s typical Canuck (Post Trudeau senior’s dynasty) along with Sweden and other Eloi European Provinces are among the purest bi product of world globalization. No wonder Obama “Loves Canada”…We are a Georges Soros breed.
…’Nuff said
Actually the term green energy should be used to describe fossil fuels since the resulting emissions proveably green the planet and promote plant growth.
John; I think your analysis is mostly correct. A few related questions I have are:
1) Can the 60% support for leftoids be reduced through only minimal decline or will cataclysmic decline be required?
2) To what degree does the leveraged money of our resource competitors influence the thinking of the leftoids?
NME66 >
STFU you dyslexic retard, you’ve never contributed a single valuable thing to any SDA discussion.
Got me started too. The Kennedy assassination and subsequent cover up remain relevant — not the least of which reason is because the agencies involved (mot notably the CIA) are still pursuing their sinister agenda. In the US, they are “the shadow government”, but the tentacles extend around the world. Anyone who has not already done so should look into the Kennedy assassination, but you can ignore any sources that are still carrying on about “lone-gunman”. Most recently I was intrigued by Cruz dropping his pursuit of the Presidency just as someone suggested it may have been his father pictured with Oswald in a CIA operation.
More specific to this conversation, who or what is pushing Canada to ignore it’s own oil and economic interests? Sometimes, even the players do not see the connections.
Add this to the mix- I have been trying, for several days now, to get the leftoids over at iPolitics.ca to grasp that Trudeau’s Caribbean vacation is the ultimate in Lear jet liberalism. When you point out that jetting off to a tropical mid-winter break after having spent a great deal of political capital championing a tax whose main goal is to reduce our energy use is the very definition of Marie Antoinette-style elitism, they adamantly don’t get it. The disconnect of understanding how a healthy energy industry benefits our collective well-being is very wide.
They don’t get it, or, they don’t want to get it. Following the White House press pool is fascinating as they seem to be blind to things that might make them unpopular with the One.
My guess is that it is the same here.
I am pretty sure that the iPolitics crowd were among the first to demand to know whether or not Harper paid for “those hockey tickets” himself. The left has absolutely no perspective on their own hypocrisy and most are very shallow thinkers — readily following the lemming line.
“1) Can the 60% support for leftoids be reduced through only minimal decline or will cataclysmic decline be required?”
That’s the political million dollar question. Knowing how to structurally pull a quarter of that group to the “right” would allow for actual conservative government rather than periodic office-holding by virtue of FPTP electoral chance. Blue collar labour can sometimes be pulled right (eg. Trump, Reform) but white collar (public sector), much less so. Disgust with a governing Party corruption or ineptitude might swing things but without the hunger of economic decline, how much?
I suspect that the bankruptcy of our welfare state meeting the aging boomers might trigger events that remind people of the fundamental reality that one can live off the land or live off people who live off the land is really all there is on this planet and that that requires numeric balance.
“2)To what degree does the leveraged money of our resource competitors influence the thinking of the leftoids?”
Despite the presence of rent seekers in virtually all corporate environments (I wouldn’t put anything past them), I suspect most campaigns against our resource sector come from ENGOs and corporate legacy foundations, the directors of which may have ties with our resource competitors.
Bravo!
I’ve been convinced of this since the 1960s when I was working in the nuclear industry. Such promise, and such a political letdown. The burgeoning environmental crazies did a lot to undermine a rational, safe approach to nuclear development. They’re still at it.
The author is incorrect.
Yes big traditional elephant fields are limited to deep water offshore, but non-traditional elephants are still being found – in Manchester, west and east Texas and other places around the world.
Yes consumption is growing but reserves are growing and declining in cost.
China and India et al are moving to hedge their risk and somewhat address the trade imbalance implications foreign fossil fuel reserves present. But that is not because their is any practical limit to reserves.
It is also important to note the vast cheap natural gas reserves and supply that are coming to market and the impact that will have on oil (and coal) consumption in the future.
“…who or what is pushing Canada to ignore it’s own oil and economic interests? …”
We aren’t being pushed to “ignore”, we are being pushed to strangle our oil industry and betray our economic interests.
If Canada doesn’t sell oil to the rest of the world, the rest of the world will come and take it.
I am mildly surprised that we are still more or less sovereign; while Dear Leader is selling us to the UN, China is increasing its hegemony, and the US could walk in any day, although that danger has been postponed now that Obama is going on permanent vacation.
Here in AB were have the government out selling us on the benefits of the carbon tax. Their point man is the environment minister Shannon Philips. Her strategy is to take a question and then talk non stop mouthing bullet points on everything but what the question was. Baffling us with bullshit. Haha yeah we’re stupid Shannon.
We know bullshit when we hear it.
Ed, Canadian oil can be transported to the US Coastal Refineries and later exported but only to the extent that Americans buy our oil. With a west coast port we can sell to far more countries.
“We know bullshit when we hear it.”
Unfortunately Trap, most Albertans and Canadians do not. That’s why we have the governments in all jurisdictions that we have. Brad Wall is the only resistance to the lefts narrative. But he too is a just a centrist at best.
The leftists want the welfare state but what is going to replace the trillions in taxes the fossil fuel industries supply?
Canadians are beyond stupid and clueless.
Oh the latest down here on the Rock, which is clueless by CANADIAN standards, the latest is that the Noooofs now disapprove of the Muskrat Falls development. The money is spent, it’s close to going online, and these retards want it cancelled!! I am so angry and frustrated that I hope they get their way.
A younger friend of mine, an oilpatch geologist, says that we’ve largely found all the EASY oil. There’s plenty left, he says, though not so easy to extract. He has become expert in horizontal drilling not BTW.
Just heard on this mornings news that AltaGas is planning to export propane from Ridgely Island near Prince Rupert on B.C.’s northern coast. A $475 million dollar project, it would be great news if they can get it done. Supposed to be on-line for 2019. But the same company cancelled a LNG facility less than a year ago: “In another blow to B.C.’s nascent liquefied natural gas industry, AltaGas Ltd. is shelving the development of its Douglas Channel LNG plant near Kitimat. The decision to halt work on the project was blamed on poor economic conditions and worsening global energy prices.”
http://www.cbc.ca/news/canada/british-columbia/altagas-prince-rupert-propane-export-1.3920632
Propane produces more than double the BTU’s per cubic feet and unlike LNG, it is not considered a ‘greenhouse gas’. Perhaps based on those two parameters, the company feels it can economically ship propane to S.E. Asia. However, I would be very surprised if they don’t have to deal with the same rabid and ill-informed eco-fascists as any other fossil fuel producer.
http://www.propane101.com/propanevsnaturalgas.htm
AltaGas is planning to export propane from Ridgely Island near Prince Rupert on B.C.’s northern coast.
Propane can be very easily moved by train to Rupert, not so with LNG.
until Canadians are actually dying because of government idiocy nothing will be done, and I am not sure that even then my fellow Canadians will get their tiny minds in gear.
Brilliant.
While we have various Moronic Pissantes in positions of power doing little to nothing other than posing for selfies, the world will either pass us by or we will be invaded for the resource…and it could well come from the south – Strategic Reserve…? You bet it is. Canada has the 3rd largest recoverable reserves, we have the best technology on the planet to recover those reserves as well as move it via pipeline.
Why this is not happening is simply CRIMINAL, on a gargantuan level.
So Stated as an unemployed Certified Senior Welding/QC/Pipeline Inspector…
And I can tell you I am mad as hell at what I see as a deliberate stifling of this industry in the name of flawed BS ideology. In doing so we are on the road to energy irrelevance and 3rd world status….without the ability to even heat the greenhouses required to grow the requisite banana’s