This looks to be informative (scheduled to begin at 9am).
Ross Kennedy is a professional logistician and strategist with more than fifteen years’ experience, covering a broad spectrum of supply chain roles. He is the Director of Global Logistics and Supply Chain for an international food and animal feed ingredient manufacturer, and founder of Fortis Analysis, a strategic advisory service tightly focused on the nexus of geopolitical trends and decentralized supply chains.
In this livestream, he will speak about how global supply chains have been disrupted due to COVID and other geopolitical events.
From the comments: I work in the window business in Calgary. We had to shut down the plant and send everybody home yesterday, because we are holding 8,500 pieces for customers who can’t take delivery due to supply chain and logistics problems that are holding back their projects. Our holding area is full, our shipping carts are full, all of our trailers are full and there are no more trailers available. So we can’t keep manufacturing more products.
Sometimes you can see the car-crash developing from miles away. This is the case with Europe’s proposed transition away from Russian oil & gas, relying more on help from Canada and USA.
From Canada’s Natural Resources Minister Jonathan Wilkinson…
“Canada’s oil and gas producers can hike output by the equivalent of 300,000 barrels a day by the end of the year to help displace Russian fossil fuels”.
and…
“the added Canadian production would replace Russian fuels so it should not lead to an overall increase in greenhouse gas emissions.”
That is the promise by press release. Now for the reality…
“Canada lacks the infrastructure to ship any oil or gas to Europe directly. Instead it will travel through existing pipelines to the United States, which has agreed to route it to the Gulf of Mexico for export to Europe, either before or after it’s refined.”
But…
“Those pipelines are nearly full, said Ben Brunnen, vice-president of oilsands, fiscal and economic policy for the Canadian Association of Petroleum Producers, which represents the country’s largest oil producers.”
and…
“While industry does have the capacity to increase production and exports slightly, the figures quoted by Wilkinson are a “best-case scenario,” Brunnen said.”
plus …
“It’s important to emphasize this is the potential capacity, it’s not necessarily what industry would do. Other challenges and concerns include inflation costs, access to rigs, labour costs,” he said. “So even if a company was encouraged to increase their production they might not do it, because the economics might not make sense.”
and of course …
“Any company that’s looking at increasing production is going to be faced with the additional risk of the investment community not necessarily being supportive of this growth, which has certainly been the case in the last several years,” he said. “So unless there’s a clear signal from government indicating support for growing production and growing egress, there’s a real chance the investment community might not be supportive of these companies and any growth plans.”
Read it here:
https://ottawa.citynews.ca/local-news/canada-to-hike-oil-gas-output-by-300000-barrels-a-day-to-help-displace-russian-fuel-5197113
If Europe thinks that North America is going to replace Russian oil & gas before the next winter (9 months away) … then their voters deserve to freeze in the dark.
Wilkinson’s wife owns a stock in a gas company, among other things:
https://thepostmillennial.com/trudeau-environment-minister-wife-invests
Yes, though is he an expert?
I’ve watched & read far too many so-called “experts” over the years not to hold a large truckload of salt at the ready.
I’ll listen to the observations of those who work in the industry over those who talk about the industry. There really isn’t a third choice.
Agreed, Kate. However, my philosophy is always, “Trust, but verify”.
For years I tried to follow the philosophy of “rust, but rarefy”. It took me quite some time to figure out where I’d gone wrong.
Should have put the expert in quotes.
Its in reference to all and sundry “experts” on radio, television and print.
That is rather nauseating.
That’s how I read it.
I work in the window business in Calgary. We had to shut down the plant and send everybody home yesterday, because we are holding 8,500 pieces for customers who can’t take delivery due to supply chain and logistics problems that are holding back their projects.
Our holding area is full, our shipping carts are full, all of our trailers are full and there are no more trailers available. So we can’t keep manufacturing more products.
Yea…My Wife works for TRICO homes.
Homes are still selling, I wont state by Who, but suffice to say that near everyone being built today is bereft of one or more appliances. On a ship somewhere off someones coast.
Same goes for GM Dealers, Trucks being sold without Entertainment systems…and SOLD for list 6-8 WEEKS prior to Delivery (Duramax variety).
ZERO used stock to be found North America Wide. I’d sell mine, but I don’t think the Wife’s ‘Rolla will pull our 5th wheel..? Waiting to hear if we can get a permanent spot in the Shushwap…maybe then.
I was installing trim and kitchens in a commercial building n Hudson Yards. The project got delayed 6 months. Stevali shipped the 200 kitchens anyway and said “figure it out”.
I need a power control board for my three year old dryer. Was told 6-8 weeks but they couldn’t guarantee that. Anecdotal but that means I’m without a dryer until around the end of May or longer. Shopping for a new one now.
Clothesline!
Got one at the cabin. Wife cant bear to see/use one in our home backyard.
Too many magpies?