Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Free
Message: Re: Pipelines and CDN Deficits-Kinda Funny
2
Aug 23, 2011 11:12AM
2
Aug 23, 2011 06:30PM

Aug 24, 2011 01:18PM
2
Aug 24, 2011 02:17PM

B-Jay we export 2.5M bbl/d to US. Eastern Canada can use 700,000 bbl/d of this but Canada doesn't have the infrastructure, as up to the last year it was cheaper for them to import from Middle East.

The Asian market would simply add another outlet to the growing supply Alberta is producing, most likely about 500,000 bbl/d. This would not hurt the US, it might actually help bring Brent down, that in itself would help the U.S. immensely. I can see Brent coming closer to WTI with the Keystone XL moving forward. I also think a pipeline to Eastern Canada would happen before the Gateway pipeline to Kitimat. The First Nations carry a lot of clout, maybe too much.


Aug 25, 2011 02:07AM

Aug 26, 2011 03:56PM

Aug 29, 2011 01:27PM
1
Aug 29, 2011 02:30PM

Aug 29, 2011 02:41PM

Aug 29, 2011 02:47PM

Aug 29, 2011 03:08PM

Aug 29, 2011 04:33PM

Aug 29, 2011 04:57PM
1
Aug 29, 2011 05:58PM

Aug 29, 2011 06:27PM

Aug 29, 2011 09:19PM

Aug 30, 2011 12:38AM
Share
New Message
Please login to post a reply