http://www.theglobeandmail.com/news/news...e17742281/
been reading about it all over the internet...Scotian, any insights ?
been reading about it all over the internet...Scotian, any insights ?
Quote: (05-18-2014 04:08 AM)Vicious Wrote:
I'm in the oil & gas biz. Seen the market share of LNG getting bigger the last 2 years and has yet to reach its peak.
It's cleaner than oil and more compressible (600% between liquid and gas state). On paper it's superior to oil in almost every way there's just an infrastructure missing for it (engines etc).
Quote: (05-18-2014 04:30 PM)metalhaze Wrote:
the land of double time ? wow!
if the pipelines are built and the economy picks up, I'll move my ass over there from Montreal. Vancouver, Victoria and Kelowna are beautiful with great weather (Canada wise)
p.s. is it a good idea to buy property in Kitimat as an investment or too risky ?
Quote: (05-19-2014 09:51 AM)DjembaDjemba Wrote:
Oil by rail baby!
A huge rail terminal has sprung up near Hardisty. Also oil-by-rail means we can ship to any refinery in the states we want.
As for BC LNG boom, if BC can get its shit together. It's the home of greenpeace, flakey governments, and carbon taxes. It'd be good to see growth there, but they seem content with their 7%+ unemployment rate and razor thin wage margins.
Quote: (05-19-2014 04:26 PM)Laner Wrote:
^^^
The hippies always forget to mention it was a home builder with a backhoe shovel that hit the pipeline and ruptured it. The whole "Call Before you Dig" campaign. Yeah, must not have got the message.
Shipping oil by train works when there is a balance of commodity. Not when they are leaving grain by the roadside so they can run straight oil on their trains like they did last autumn. Greedy fuckers.
The current government is going to side with the pipelines eventually. They have already seen the shift in ideology as graduates are pushing the unemployment rate higher and after four years of constant eco-feminist bullshit are finally seeing that the world is not going to end if we ship LNG to Asia, but they might not ever get ahead if they continue to work at Starbucks and Cactus Club.