Jim Warren: Uncertainty abounds in our tumultuous times: It’s starting to negatively affect the quality of oil market analysis
Pipelines
A look back at the Keystone XL pipeline drama as Trump touts its potential revival
Trump boasts Keystone XL as trade talk win. It’s not clear it was ever off the table.
N.S. premier says U.S. trade dispute a ‘wake-up call’ for economic diversification
Trump pauses tariffs, deal may have been reached, and KXL
Posted on Donald Trump’s official Truth Social on Tuesday night:
“I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL! The great Keystone XL Pipeline, long ago killed by Sleepy Joe Biden, may be awoken from the grave! Thank you for your attention to this matter. President DONALD J. TRUMP”
Here’s what it means for Saskatchewan and the oil industry:
Trump says trade deal reached, and Keystone XL “May be awoken from the grave”
You know you were waiting for it
Pipeline Online Podcast is now on Spotify
Sometimes, when you’re a one man band, it’s hard to find time to play the trumpet while you’re also playing the tuba. And such, it has taken much longer than it should have to get the Pipeline Online Podcast connected with Spotify in such a way that included the video.
It only took about 20 hours to upload the back catalog.
Also:
The good professor wanted me to print a rebuttal. So I did.
Op-Ed: Brett Dolter: A rebuttal to coal analysis by Pipeline Online
and
Pembina Pipeline says West Coast pipeline stake fits into its broader strategy
How much? A zillion? Surely more than that!
NDP claim coal refurbishments will cost even more, while SaskPower minister tours Boundary Dam and Estevan mine
On a day when the Minister Responsible for SaskPower was touring the work done on the coal-fired Boundary Dam Power Station Unit 4 and the nearby Estevan coal mine, the Saskatchewan NDP was quoting another number, their highest yet, as an estimated cost of the coal refurbishments. But what are those numbers based on?
Pipeline Online digs into that analysis, and finds the scenarios each to have significant flaws.
Also:
Jim Warren: Why the biggest oil supply crisis in history hasn’t produced the highest crude prices in recent history
About that most recent pipeline announcement …
Digging deep: Smith and Ford announce Northern Shield Energy Corridor pipeline
Call it Energy East 2.0, but kinda sorta, not really. There’s no Moosomin on-ramp like Energy East. It doesn’t make it past the Quebec border, yet. But it could possibly have offshoots to Churchill and maybe James Bay. This is the Saskatchewan perspective story on this pipeline
Also:
Finding a side hustle on TikTok, young Estevan man brings old headlights back to life and saved me $493.80
TMX, round 2
TMX 2? Trans Mountain 3? West Coast Pipeline to parallel existing Trans Mountain route, foregoing northern ports. In a case where going with the devil you know, the newly proposed West Coast Pipeline is expected to follow most of the Trans Mountain Pipeline right of way – you know, the one that saw TMX go from $7.5 billion to around $34 billion.
Yes, I did stay up until 5 a.m. writing this.
To hell with Trudeau’s policies?
Mark Carney’s video: Forward Guidance: Canada’s Energy Future
If you listen to the end, you’ll hear Carney essentially say Trudeau’s policies don’t work today.
Aw, shucks
Former government net-zero adviser ‘disappointed’ by Carney’s commitment to climate
Pipeline Online Podcast, Ep. 37: Andrew Scheer, federal energy update
Another European utility looks to lock down supply from Ksi Lisims LNG
Here’s what the feds officially said about that pipeline deal last week
Brotherhood is not comrades with NDP these days
International Brotherhood of Electrical Workers respond to NDP coal position: “A deliberate misrepresentation of costs”
It turns out if the NDP wants your job to disappear, they don’t get your support. Imagine that? As in, if they want your house to lose half or more of its value, you to lose your job, and would rather spend money on gas from Alberta or wind and solar, what would you think?
—
Wait, isn’t this how it was done before?
Feds want pipeline projects reviewed by energy regulator instead of impact agency
Also
Pipeline company Enbridge unfazed by rival oil shipping projects
Hard men needed for bitter cold
Now Hiring: Project Greenland. “Stampede Drilling Inc. is headed north for Project Greenland, part of a major Arctic drilling campaign, and we’re looking for a tough, experienced crew ready to take on the cold and get the job done right.”
If this makes you think of Sir Ernest Shackleton’s famous ad, I’m with you. That one said, “Men wanted for hazardous journey. Low wages, bitter cold, long hours of complete darkness. Safe return doubtful. Honour and recognition in event of success.”
*Note – due to a glitch, this is a republished post.
Pipelines, Pipelines, Pipelines, Fracking
Supreme Court rules for Michigan in its fight to shut down an aging energy pipeline. This pipeline moves a LOT of Saskatchewan oil.
Enbridge gets federal approval for $4B natural gas pipeline expansion in B.C.
What you need to know about the new Enbridge LNG pipeline approval
Nova Scotia Premier Tim Houston says fracking opponents are drowning out other voices
LNG, NDP electrical plan and Spaceballs
Brian Zinchuk: LNG, the NDP’s electrical plan and Spaceballs
End of series on NDP’s electrical plan:
Digging deep on the NDP’s “Grid & Growth” plan for Saskatchewan’ electrical grid, Part 3: Wind, Solar, Storage, Transmission & Interties
Digging deep on the NDP’s “Grid & Growth” plan for Saskatchewan’ electrical grid, Part 4: Governance, Labour, Carbon Taxes & Rates
SaskPower minister responds to NDP Grid and Growth Plan
Also:
SaskPower and Bruce Power sign memorandum of understanding to inform Saskatchewan large reactor technology assessment
Frontier Centre for Public Policy: Lee Harding: Canada is losing billions by holding back its oil and gas industry
People got schooled
Op-Ed: Del Mondor: Well…that was an interesting 39 days of people finding out about the Strait of Hormuz
Please name the last wind farm to do this:
Cenovus Energy Invests $2 Million in Lakeland College
What’s good for the East is not for the West
Tammy Nemeth & Ron Wallace: Two standards for one Canada
Another tale of what’s good for Eastern Canada differs significantly from what’s allowed for Western Canada.
Energy Realities Podcast: The World On Edge Fuel Rationing Begining
An energy crisis is materializing around the world
On coal refurbishments: NDP focus on cost, Sask Party focus on reliability
The Iran War is causing an energy crisis: Doomberg on Decouple and Soar Financially
Ouch
Brian Zinchuk: Did the Multi-Lateral Well Program shoot ourselves in the foot when it comes to provincial revenues?
Also, Decouple Media: The Reactor Canada Forgot How to Sell
Could Iran be the next “Forever War?”
Weekend Watch: The Iran War Expert: I Simulated The Iran War for 20 Years. Here’s What Happens Next.
While watching this, consider if the Iran War does become a forever war, what will it’s impact be on oil production, delivery through the Strait of Hormuz or lack thereof, the world economy, Canadian and Saskatchewan oil production could be profound and last years? Could this lead to a global recession, but good times for our oilpatch? Remember the $147 WTI barrel of July, 2008, led to the global financial crisis that September. Some of us are still bearing the scars of that.
I know I am.
The case for Westinghouse reactors, LNG, black mark and Timbits
Saskatchewan is the battleground between the AtkinsRealis (SNC-Lavalin/former AECL) CANDU reactor and the Cameco/Brookfield-owned Westinghouse AP1000 reactor. I’d digging as deep as I can to provide context for Saskatchewan decision makers who will be making this decision. In recent weeks I had two podcasts on the CANDU. This is the first on the Westinghouse. What’s really significant here is the Westinghouse ownership is now fully Canadian companies, even though the design is American. And in November or so, Trump’s administration said they’d build 10 of them.
Pipeline Online Podcast Ep. 31: Dr. Grant Isaac, Pres. & COO of Cameco on SK buying Westinghouse reactors. There were technical difficulties which shortened our time, so we’re going to take another run at it in the near future.
Also:
This is a really good discussion on LNG:
Decouple Media: The Terrible, No Good week for LNG
Black mark on industry (I hate it when this happens):
Alberta landowners take stand over years of missed payments by delinquent oil company
It turns out Pipeline Online isn’t the only one to use a Timbit as a unit of monetary measure. Maybe they got the idea from Pipeline Online? Here’s the Canadian Press story:
What will the carbon price cost the oilsands? A Timbit per barrel, one analysis says