1754 replies to this topic

[Mike K.]

Yes, the eco angle is totally misleading.

 

I'm not against this industry at all, but when you describe it as 'green,' then tell me/socoiety pipelines will destroy the earth so we must go green, we have a fib on our hands.

[Victoria Watcher]

I’ll just use made up numbers.

Let’s say it costs $50,000 to cut and load an acre of a certain type of specification of wood.

And $10,000 to ship to the UK. And $5,000 to ship to the local pulp mill.

But the UK importer will pay $65,000.

The local pulp mill can only pay $51,000. Because he’s competing with a Carolina company producing the same paper type.

See where the wood goes.

Try as you may, you can’t reasonably here argue your point. Same as you can’t explain easily why furniture is not manufactured here, from wood.

It’s wasaaay more complex.

Edited by Victoria Watcher, 06 October 2022 - 07:40 AM.

[Mike K.]

Yeah, all true, but there is nothing 'green' about biofuel. It's just marketed that way.

 

I bet, if you were to ask a random stranger what they think biofuel is relative to oil and gas, they would think it's like solar power, or wind power.

[dasmo]

We need industry but the environment and industry is linked. Globalists don’t care about our local environment. There is always another to pillage. We need a local, wholistic approach to resource management. This ain’t it. Shipping our forests to England to burn for heat is just robbing us.

[Victoria Watcher]

Then let B.C. Hydro burn it for fuel. To sell electricity to California. But that’s probably not allowed. Like how we ship our coal but ban coal burning here. We know it gets burned over there, right? And the volume is probably 100x more than this log operation.

Edited by Victoria Watcher, 06 October 2022 - 07:35 AM.

[Mike K.]

I think we are all in agreement, that our governments taxing us to heat our homes and cook our food, but then blessing the shipping of coal, wood and oil overseas to be used elsewhere is the height of hypocrisy.

[dasmo]

Hypocrisy abounds

[Victoria Watcher]

Of course it does.

Would a 20% bus service increase be met with any negative press? Probably not.

But there would be an initial and ongoing cost to taxpayers. 20% more fuel would be burned.

And if all it mostly did was move transit riders to different trips, or increase the amount of discretionary trips they took, who would win?

[Victoria Watcher]

Enbridge announces $3.6 billion B.C. pipeline expansion as gas production nears record levels

 

Future demand from planned liquefied natural gas export projects underpinning move

 

Canadian energy infrastructure firm Enbridge Inc. on Friday announced a $3.6 billion expansion of the southern segment of its British Columbia gas pipeline system after strong demand from customers.

 

______________________

 

Gas production in Western Canada this year neared record levels of 18 billion cubic feet a day. Enbridge chief executive Al Monaco said that supply growth coupled with future demand from planned liquefied natural gas (LNG) export projects was underpinning the expansions.

 

“Given the outlook for Western Canada supply, we are seeing strong customer interest for more egress for LNG exports and downstream access,” Monaco said in an earnings call.

 

Enbridge said the expansion of the southern part of its system, known as T-South, will add 300 million cubic feet per day (cfpd) of capacity. It will serve customers in the Pacific Northwest and southern B.C., as well as the Woodfibre LNG project that Enbridge bought a $1.5 billion stake in earlier this year.

 

https://financialpos...obox=1667586430

Edited by Victoria Watcher, 05 November 2022 - 04:13 AM.

[Victoria Watcher]

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/c...c7-984498812fc4

Germany has finished construction of its first import terminal for liquefied natural gas, a crucial milestone in its efforts to end its energy dependency on Russia. The completion of the terminal, at Wilhelmshaven on the North Sea, will ease fears that Europe’s largest economy might face gas rationing this winter. Germany has been striving to build new import infrastructure for gas since Moscow’s full-scale invasion of Ukraine on February 24, which led to a sharp decline in Russian gas supplies to Europe.

 

___________________

 

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/c...c7-984498812fc4

German economy minister Robert Habeck pointed out that the Wilhelmshaven terminal had taken just 200 days to build — a major achievement for a country where construction projects can drag on for years. “Germany can be fast and advance infrastructure projects with great determination when the federal and regional governments, together with the project participants, all pull together,” he said.

 

 

 

https://www.ft.com/c...c7-984498812fc4

 

 

 

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/c...c7-984498812fc4

Those fears have eased in recent weeks. Germany’s gas storage is 100 per cent full, partly because unusually mild temperatures this month and last meant private households consumed less gas. Industrial use of gas also dropped 27 per cent in October, while German gas imports from the Netherlands, Belgium and Norway have increased slightly over the past few weeks and France started to deliver gas to Germany in mid-October. That has had a big impact on gas prices in Europe, which are approximately one-third the level seen in August. In that month a surge above €300 per megawatt hour — the equivalent of almost $500 a barrel in oil terms — spread fear through European capitals.

Edited by Victoria Watcher, 17 November 2022 - 01:14 AM.

[Victoria Watcher]

 

https://ycharts.com/...tural_gas_price

 

 

 

 

Imagine.  Humans pulled it off after all.

 

 

[lanforod]

If only we could build an export facility in 200 days…

[Mike K.]

The designated Wilhelmshaven FSRU, the vessel Hoegh Esperanza, is still located at a shipyard in Brest, France, Eikon Refinitiv ship tracking data showed. A spokesperson for the ministry led by Lies said the Esperanza was expected to arrive fully laden in mid-December and would be able to process incoming LNG tankers from January.

- https://www.reuters....nal-2022-11-15/

What an unfortunate last name for that role!

Anyways, this terminal is one of six planned.

[Victoria Watcher]

A majority of Quebecers want the province to develop its oil and energy potential, a new poll has found. 

 

According to an Ipsos Poll commissioned by the Montreal Economic Institute (MEI) released on Wednesday, 54% of residents would like to see the province undertake energy developments. 

 

The survey also found that 61% of Quebecers think that it’s the province’s responsibility to help reduce Europe’s reliance on Russian gas for its energy needs. 

 

“Contrary to what the government says, Quebecers want the energy sector to develop,” said MEI economist Olivier Rancourt. 

 

“Quebecers understand that the province can help to replace Russian energy exports to the European Union all while creating quality jobs here at home.”

 

 

 

https://tnc.news/202...rs-oil-and-gas/

Edited by Victoria Watcher, 25 November 2022 - 02:06 AM.

[Victoria Watcher]

Rising gas prices resulting from the war in Ukraine have forced the UK to nearly double its coal imports in the fight to keep the lights on through the Winter.

 

The increasing use of coal-generated power in the UK comes after years of the country shifting to cleaner electricity from gas-fired power plants and renewables, but is deemed vital as Russian president Vladimir Putin crimps gas supplies to Europe.

 

 

 

https://www.thetimes...risis-k69kqvwd9

Edited by Victoria Watcher, 27 November 2022 - 06:01 AM.

[Mike K.]

Nice to have this fallback, isn’t it?

[Victoria Watcher]

Alberta's premier took aim at the federal government's renewed intention to push forward with legislation aimed to transition oil and gas workers toward renewable energy jobs.

Premier Danielle Smith criticized comments made by Canada's Natural Resources Minister Jonathan Wilkinson that the proposed "just transition" bill is a major priority for the country in 2023.

"The federal government's ill-conceived and short-sighted plan is extremely harmful to the hundreds of thousands of Canadians who are supported by the energy sector and will be detrimental to Canada's economic recovery," Smith wrote on Twitter late Tuesday afternoon.

https://www.cbc.ca/n...-zero-1.6702333

Edited by Victoria Watcher, 03 January 2023 - 09:49 PM.

[Victoria Watcher]

European natural gas prices — which soared after Russia's invasion of Ukraine — have tumbled back to pre-war levels.

Why it matters: If sustained, declining gas prices could ease a series of inflation, cost of living and economic crises across Europe — and help preserve public support for the sanctions against Russia.


https://www.axios.co...aine-war-prices

Edited by Victoria Watcher, 04 January 2023 - 08:32 AM.

[Victoria Watcher]

Looks like Europe figured it out.

Demand has been low, too, since most of Europe is having a very balmy winter.

Edited by Victoria Watcher, 04 January 2023 - 08:35 AM.

[Mike K.]

So, if rising energy rates are the critical component of rapidly rising inflation, why is the Canadian government working so hard to make energy expensive?