Are these transformations happening faster now than in previous decades?ROCKMAN wrote:The only purpose of this thread is to point out the evolution of the movement and control dynamics of oil/NG. And if someone thinks a serious transformation of these dynamics isn’t well under way they aren’t paying very close attention to the world we’re living in IMHO.
There is a similar protectionist issue in the trucking industry:ROCKMAN wrote:So since the gov't is protecting a very small segment of the American economy (domestic oil tankers which are selling at a premium... bet you wished you owned some of that stock, eh?) CA is forced to import foreign oil while we export EFS production to a foreign country. How does that scary line go: "We're from the government and are here to help you".
2,234 adults surveyed online between March 12 and 17, 2014 by The Harris Poll reveal that people are concerned about the environment - but may not be doing much about it.
And over 80 percent avoid labels like “green”, “conservationist” and “environmentalist”, which shows that environmental corporations have lost a lot of credibility among the public.
However, parents with younger kids are more concerned than childless people, though they are only slightly more likely to tell others to be more environmentally responsible. Women are more likely to indicate encouraging others to be more environmentally-friendly. 25% more women than men claim they are making more effort to be environmentally-conscious than they did a year ago.
Yet 67 percent of U.S. adults say the environment is more important than short term effects on the economy - apparently only when it is someone else's money, though. 80 percent say they look at green products but only 28 percent actually spend any extra. 15 percent will only buy green if it saves them money.
...
Refineries on the U.S. Gulf coast are running well below capacity as it is (capacity is at just under 18 million barrels per day, while demand sits at under 15 million) which makes the business case for a new, Canadian refinery even more flimsy. And gulf refineries are already calibrated to process Venezuelan oil, which is chemically very similar to Canadian oil.
"It’s a hugely complicated issue but at the moment, increasing Canadian refining capacity isn’t the best way to get top dollar for Canadian oil," Crowley says. "Pipelines make more sense."
Beyond the Gulf coast, Crowley notes that expanded pipeline access to the B.C. coast would allow shipping to Asia, where crude is very much in demand.
Users browsing this forum: No registered users and 277 guests