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British Columbia To Have Oil Cut Off Starting Next Week


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https://www.google.ca/amp/s/www.cbc.ca/amp/1.4611291

 

Premier of Alberta "Rachel Notley" has stated that she had a talk with Premier of British Columbia on sunday telling him he has less than a week to back down from the pipeline opposition

 

While Notley has imposed wine bans among other import bans her biggest threat was yet to be imposed

 

Unless an agreement is reached, Alberta will cut off British Columbia's supply of Oil and Gasoline

 

British Columbia already has the highest gas prices in Canada. A sudden spike in gas prices could put throw many consumers over the edge and the economy at risk

 

Trudeau Continues not to comment on the trade war but insists the pipeline will get built. 

 

British Columbia has so far managed to delay the project by nearly 2 years with legal challenges and Construction Permit delays in addition to Threating future bitumen export bans from its coast if the pipeline is built something 2 courts already ruled is illegal for BC to do. 

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This is so intense to watch. What do you think? On one hand, so much of Canada's exports is based on oil so you can just cut it out but on the otherhand I think a lot of people would rather we have other industries with cleaner images. And to think the two provinces are led by their respective provincial NDP's. 

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5 minutes ago, FATCAT said:

lmao what y'all doing up there?

Lol, how's the trump administration treating y'all

Jk, I think it kinda has to do with the division of powers between the federal and provincial governments in Canada. Like I'm assuming the provinces have quite a bit more power than individual states so it's not like the federal government can swoop in and end everything unless they can demonstrate it's within their jurisdiction to do so

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Economy
3 minutes ago, FATCAT said:

lmao what y'all doing up there?

Having each region of the Country disagree on economic ideals creating dysfunction and the Federal Government not being Saturn enough to fix it for political reasons as usual :neyde:

 

This has turned into a civil economic trade war in Western Canada :rip:

 

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FATCAT
2 minutes ago, jylee said:

Lol, how's the trump administration treating y'all

Ask Assad in the AM :hor:

This kitten over here (meow)
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FATCAT
2 minutes ago, Economy said:

Having each region of the Country disagree on economic ideals creating dysfunction and the Federal Government not being Saturn enough to fix it for political reasons as usual :neyde:

 

This has turned into a civil economic trade war in Western Canada :rip:

 

I'm not a big fan of over-reaching government, but surely there's some common ground? Won't Alberta loose money not selling to BC?

This kitten over here (meow)
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Economy
2 minutes ago, jylee said:

This is so intense to watch. What do you think? On one hand, so much of Canada's exports is based on oil so you can just cut it out but on the otherhand I think a lot of people would rather we have other industries with cleaner images. And to think the two provinces are led by their respective provincial NDP's. 

There's nothing wrong with shifting more green and growing tech industries as part of a gradual shift

 

But having a $20/barrel discount on our benchmark (world oil over $60 a barrel and ours barely $40) due to lack of pipeline capacity and loosing so many billions is kinda pathetic

 

Canada has imposed some strict and expensive environmental conditions for the Oil Industry to continue to operate here.

 

Add chronic price discounts and the industry can't thrive. Its not surprising these oil companies are expanding in US operations but they aren't expanding here

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Economy
1 minute ago, FATCAT said:

I'm not a big fan of over-reaching government, but surely there's some common ground? Won't Alberta loose money not selling to BC?

They would. But they are hoping it will pay off by getting them to back down

 

Alberta has 97% of Canadas oil reserves and over 60% of production and the price discounts are hitting them really hard and they are desperate for more pipeline capacity

 

The last 4 major pipelines have so far failed to get built as regulatory delays and opposition caused some to get canceled (like Energy East and Northern Gateway) and others still waiting (like Keystone XL and Enbridge Line 3).

 

This is the 5th pipeline proposed and still nothing.

 

I think they are starting to feel like the only way to ever build another pipeline is to get agressive and fight back

 

I'm all for balance personally. Environment is important but shutting down every single project and selling oil for peanut prices at a loss due to huge discounts is kinda rediculous too

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FATCAT
2 minutes ago, Economy said:

They would. But they are hoping it will pay off by getting them to back down

 

Alberta has 97% of Canadas oil reserves and over 60% of production and the price discounts are hitting them really hard and they are desperate for more pipeline capacity

 

The last 4 major pipelines have so far failed to get built as regulatory delays and opposition caused some to get canceled (like Energy East and Northern Gateway) and others still waiting (like Keystone XL and Enbridge Line 3).

 

This is the 5th pipeline proposed and still nothing.

 

I think they are starting to feel like the only way to ever build another pipeline is to get agressive and fight back

 

I'm all for balance personally. Environment is important but shutting down every single project and selling oil for peanut prices at a loss due to huge discounts is kinda rediculous too

One side is going to fold, and my guess would be BC. They can't survive without oil. 

This kitten over here (meow)
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2 minutes ago, FATCAT said:

One side is going to fold, and my guess would be BC. They can't survive without oil. 

No but they have a coast and sea ports... They could find other suppliers. It would just take several weeks for new orders to start coming in. If they can survive that long without cracking Alberta would be the looser cuz they'd loose any business with BC and BC would have their new supplier. 

 

Most of Alberta oil goes to US tho not BC so it may be worth the gamble

 

The Federal Government is on Alberta's side vocally but Trudeau is not really doing anything other than words so far. He's too reluctant to risk political damage on his image so naturally he will avoid getting involved in controversial issues as much as possible

 

He's actually so useless tbh. Ppl world wide love him cuz he's "attractive, forward thinking and liberal" but he only cares about image.

 

He never gets anything done cuz he only menses words to be somewhere in between opposite sides to not piss off both sides of political spectrum but half the times u don't really know who's side he's on neither does he do much on behalf of one side or the other

 

Pot legalization is the only controversial thing I ever saw him getting very involved in tbh. Everything else he only comments and does anything when he has no choice :rip:

 

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FATCAT
16 minutes ago, Economy said:

No but they have a coast and sea ports... They could find other suppliers. It would just take several weeks for new orders to start coming in. If they can survive that long without cracking Alberta would be the looser cuz they'd loose any business with BC and BC would have their new supplier. 

 

Most of Alberta oil goes to US tho not BC so it may be worth the gamble

 

The Federal Government is on Alberta's side vocally but Trudeau is not really doing anything other than words so far. He's too reluctant to risk political damage on his image so naturally he will avoid getting involved in controversial issues as much as possible

 

He's actually so useless tbh. Ppl world wide love him cuz he's "attractive, forward thinking and liberal" but he only cares about image.

 

He never gets anything done cuz he only menses words to be somewhere in between opposite sides to not piss off both sides of political spectrum but half the times u don't really know who's side he's on neither does he do much on behalf of one side or the other

 

Pot legalization is the only controversial thing I ever saw him getting very involved in tbh. Everything else he only comments and does anything when he has no choice :rip:

 

Interesting. It's cool to step in and explore the politics of other nations, especially our sombrero, Canada.

This kitten over here (meow)
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Blastertoyo

Wow never expected GGD to be a news source for my own home 😂

please enlighten me to death
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Economy
5 hours ago, Interstellar said:

I'm leaving B.C. forever next week, soooo :gaycat:

I thought u lived in Saskatchewan... Or was that a different user? :oprah:

 

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