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| Subject: Largest source of US energy |
Alberta Tar Sands to expensive to extract LOL LOL LOL
Ask the people who can´t find a place to live in Fort McMurray, Alberta if there is any work.
http://www.eia.doe.gov/emeu/cabs/Canada/Background.html
[30-10-2007,10:28]
[**.52.217.119]
Roy |
(in reply to: Largest source of US energy)
I´m confused with AP´s list.
As far as I know that Canada currently has the 2nd highest reserve after KSA. " Recognition of the commercial viability of Canada´s oil sands in Alberta has raised Canada´s proven petroleum reserves to 175 billion barrels, making it the world´s second-largest holder of reserves after Saudi Arabia.". This sources can´t be wrong.
http://www.state.gov/r/pa/ei/bgn/2089.htm
I don´t know how easy this oil to refine.
Though like some other too optimist, just based on a single natural resource you can´t expect some kind a revolution. Alberta oil was not discovered just last month. It gave huge boost in loonie hike, true. But creating employments, no good reasons to believe other than the oil/gas companies. Canada has a basic lack which no one seems to care. It seriously needs to think about building more highways if want an integral economic system. Canadian provinces are not much connencted with each other. If you get any online direction between East/West Canada then you´ll have to use partially US highways. This can´t be a positive side for a country to develop business.
I strongly believe that only natural resource can´t help overnight. It is more important that how efficiently that resources are utlilized.
[30-10-2007,11:43]
[***.254.208.242]
Departed_Canadian |
(in reply to: Largest source of US energy)
once the price of oil reached a certain price $65? the tar sands became viable. A bigger draw is the political stability of those reserves. They are just starting to look in the high arctic - who knows what they will find there. There is also vast oil reserves off Newfoundland.
Your comment about highways made me giggle just a little. Vancouver deliberately decided it would not build a highway system in and around its city because of what happened to Seattle. We did not want it. Get on a bus instead.
If we want more highways, we need more people to justify the expense. We use rail alot.
[30-10-2007,14:41]
[***.121.220.199]
sharon |
(in reply to: Largest source of US energy)
I didn´t say anything about within city limit as Vancouver. I clearly specified about INTER provincial. Like 401 (the only I class Canadian highway). If you want to usa US I class highways to get point A to B within your country then you are definitely welcome, Americans may be red but they don´t giggle.
Unless efficient highway system build, economy won´t spread, as well as the population. I also giggle secretly when see that 90% of Canadian population has to live within 200KM of US despite having huge landmass. At the same time few particular citiies has to digest more and more without any limit.
Land Devlopment and Population growth relationship is a 2 way interaction, like chicken & egg argument. If you wait till when you´ll have juistifiable population then you have to wait till the dooms day.
[30-10-2007,15:10]
[***.254.208.242]
Departed_Canadian |
(in reply to: Largest source of US energy)
Couldn´t agree more about taking the bus. Here in the states, riding the bus is considered below status and for the not so well-off folk. Having European background, I never understood this attitude. Looks like the auto is still worshiped, despite high gas prices.
By the way, the way to play Alberta tar sands oil is Suncor Energy (SU). It´s had a nice run up with quite a potential yet to go.
[30-10-2007,15:37]
[**.53.225.148]
Richard |
(in reply to: Largest source of US energy)
Yes, in the US, travelling by Greyhound is a symbol of poor class. Auto will be worshiped here..now way to deny. Americans would rather go hungry, but will buy car.
I´ve a very limited idea about economics. But I can tell for sure that efficient transportation system is a mandatory prerequisite for development. In Canada, I see many sectors can´t flourish fully without it, one may be tourism.
Cross country driving is almost absent other than Toronto-Montreal. Most of the Canadians basically live in the same province in their entire life where they born. In a single word, life is very stagnant. It must have negative impacts on the economy as well.
[30-10-2007,15:50]
[***.254.208.242]
Departed_Canadian |
(in reply to: Largest source of US energy)
interprovincial transporation is not really identified as a hinderance to economic development. What is... inter provincial regulations! That has more impact that any road system.
We live along the 49th parallel because that is where our biggest trading partner lives. The country is 135 years old, perhaps in another 100 years we will have additional reasons to drift north but up until now, the milder climate and access to markets that make us money is compelling reason to stay the way it is.
We have the local highway system debate all the time. We are not concerned about additional routes to Alberta... we are interested in faster ways to get from our job in Vancouver to our houses in Abbotsford.
The reason I giggle is transportation is very philosophical and this debate rages on a weekly basis in every municipal planning meeting or conference I attend. Lots of folk want to tie progress to miles of concrete. There is definitely a US mentality vs. a European mentality. Canada tends toward the Euro way of thinking. The US might be right but I doubt that you will see any major road projects being announced any time soon. Instead they will announce new rapid transit programs in our major cities.
To be honest, I rarely hear or read complaints about our national road system.
[30-10-2007,16:24]
[***.121.220.199]
sharon |
(in reply to: Largest source of US energy)
I didn´t mean to say the Auto VS Transit debate. That is different. This is typical American VS Euro debate. Here I also think in the long term Canada is right, though I personally enjoy definitely auto.
Europeans also have many astonishing highway sytem, Autobahn may be just one. They are not huge country like USA/Canada that they need more highways.
Building highway can create enormous number of employments, abundant economic prospects. Little example, I would prefer creating employments rather than providing social.
[30-10-2007,16:37]
[***.254.208.242]
Departed_Canadian |
(in reply to: Largest source of US energy)
Have you every driven from Winnipeg to Calgary or Vancouver? There is nothing on the road that is already there. We are not nearly at capacity on the roads we already have in place. Nobody in their right mind drives that road from September to May unless they are a trucker.
If you want to build more roads between Ottawa, Toronto and Montreal - maybe... but the train is a much better and more economical way to move goods.
I would rather create jobs by building a hydro electric project rather than build a road. Shoot... with the lowest unemployment rate in 30 years - who needs to create job!!!! we can´t fill the jobs already out there never mind have the government create new ones.
[30-10-2007,16:50]
[***.121.220.199]
sharon |
(in reply to: Largest source of US energy)
If you are happy with the current employment, then very good. Just a friendly reminder, that 30/40/50 years unemployment rate is still higher than US, Australia, most of the major European nations (except Italy/Germany). Good to know that you don´t need any jobs. That is phenomenal.
I also have some real concern about the Canadian unemployment rate.
Employment creation is just one facet of highway, it is not the main purporse. Hydro powewr plant idea is also not bad, but most likely can´t build it in a urban locality. If you build it in a remote place then it´ll need some supporting infrastructures.
Anyway, I don´t have any real cost/benefit feasibility study regarding this so can´t back up other than saying my own strong feelings which I felt comparing USA/Canada. In other words I have to conclude that Americans wasted and have been wasting so many billions of dollar for nothing.
[30-10-2007,17:05]
[***.254.208.242]
Departed_Canadian |
(in reply to: Largest source of US energy)
I am quite happy with job creation as long as it is not done exclusively with taxpayer dollars. In my mind, Government created employment is another form of social services. If the government wants to enter into a private/public partnership (we call them P3´s) where the private sector controls the expense side of a project and guarantees the final product and the final price to the public - absolutely. I am sick to death of paying twice what something is worth because some government employee thinks the pot of money never ends. Our recent government built 2 ferries that were sold below the price of scrap metal because they had no idea what they were doing. Millions and millions of dollars for nothing... but think of the great job creation!! Similar ferries that actually work were now bought on time and on budget from a German company that will actually float!
If the road building (such as the Sea to Sky highway to Whistler) does not make economic sense to the Private sector... forget it.
my apologies for the rant.
[30-10-2007,17:17]
[***.121.220.199]
sharon |
(in reply to: Largest source of US energy)
Going back to the topic...
I live in Fort McMurray and this is a BUSY place to live in.
Houses are way over priced, however it is not unusual to see a person in McDonalds fliping burgers for $15/h and professionals making more than $150 a year.
This is not taking into consideration the gas patch companies.
Suncor is a good company but one of the smallest in the oilsands business though.
CNRL if I am not wrong is the 5th biggest megaproject in the world and there are several companies that the sizes of their projects are HUGE, beyond of what I can explain right now.
Main problem here = not enough workers. That is why we can expand our roads, or use more public transportation NO DRIVERS FOR GODSAKES!
How can you justify a $30/h for a bus driver (which is not bad compared with other provinces) when an average house is around 500k????????
Dunno, this particular area is not getting any smaller and for sure, ain´t getting any cheaper!.
Good place to be though, lots of work and job stability and the pay cheques at the end of the month aren´t to shabby.
Alberta moto: We have money, we have oil, we gas, we have guns..don´t pissed us off! :)
[30-10-2007,17:25]
[***.34.111.122]
Bill |
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