Cardboard Posted February 23, 2018 Author Share Posted February 23, 2018 Civil disobedience? Nah. Nothing to fear Richard. Son of Castro will come riding with his cavalry of revolutionary Sikh guards to your rescue and save your real estate market. Cardboard Link to comment Share on other sites More sharing options...
RichardGibbons Posted February 23, 2018 Share Posted February 23, 2018 Civil disobedience? Nah. Nothing to fear Richard. Son of Castro will come riding with his cavalry of revolutionary Sikh guards to your rescue and save your real estate market. LOL. Honestly, my favorite post from you ever, Cardboard, particularly since there's a kernel of truth to it. The two things the federal Liberals have done recently that have got my panties in a bunch have been Bill C-25, specifically PART XIV.1 172.1 and Trudeau's "let them eat cake" attitude towards housing prices. (Well, and stating that there is a strong correlation between an national agreement on the environment and the construction of a pipeline. I'm not keen on such intellectual dishonesty.) Link to comment Share on other sites More sharing options...
Cigarbutt Posted February 24, 2018 Share Posted February 24, 2018 It is certainly possible that some reserves may stay in the ground. But the thirst for fossil fuel will continue for a while. This post is about the opportunity to get a valuable product to the end markets and the potential of a US Gulf Coast refinery opportunity. Heavy oil supply from Latin America, especially Venezuela, is expected to decline. Venezuela is in a geo-political free fall. https://oilprice.com/Interviews/Venezuela-In-Freefall-An-Interview-With-Francisco-Monaldi.html Takeaways: -The Chavez-Maduro episode was animated initially by promises for the common man and low value for democratic institutions. -The result is an inability to fully benefit from valuable reserves. -Disruptions in reserves management by these centralized states are likely to be relatively temporary as other controlling figures will take over. -Global reserves controlled by central authorities are significant and the associated social cost can be variable (expensed vs accrued). Overall, there is a reasonable opportunity for Canada. It needs to be explained and the reward has to be "shared" equitably. Tough assignment in today's world but possible. https://www.ceri.ca/assets/files/Study_157_Final_Report.pdf Venezuela vs Canada Look at oneself, desolation. Compare oneself, consolation. Opportunities don't last forever. Link to comment Share on other sites More sharing options...
Cardboard Posted February 27, 2018 Author Share Posted February 27, 2018 https://www.cnbc.com/2018/02/26/shell-warns-of-lng-shortage-as-demand-for-liquefied-natural-gas-booms.html Shell could be the only project that makes it into reality on the B.C. coast. It is a shame but, I hope that at least this one does. Cardboard Link to comment Share on other sites More sharing options...
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