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CANADIAN OIL SANDS AND CBS "60 MINUTES" PROGRAM

 
 
Reply Tue 24 Jan, 2006 12:32 pm
i don't know if any of you watched the CBS "60 minutes" program on sunday. a crew from CBS visited the canadian tar sands project in fort mcmurray/alberta and invited some american oil execs for comments.
they also showed a group of chinese oil executives visiting alberta and meeting with ecexutives from the canadian energy industry. one of the american said : "when i heard that the chinese were interested, i thought someone was kidding me. i guess we better make sure we secure our oil supply in alberta; they haven't had a civil war or unrest in over a 100 years. america needs a secure oil supply".

here is what the "globe and mail" (toronto business newspaper) is reporting today :
...CANADIAN OIL SANDS ANYONE ?...
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Type: Discussion • Score: 1 • Views: 1,902 • Replies: 11
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Bi-Polar Bear
 
  1  
Reply Tue 24 Jan, 2006 12:39 pm
If Canada really does have these huge oil supplies I look for a Canada Air plane to fly into the pentagon or something so bush has to invade... Laughing
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Bi-Polar Bear
 
  1  
Reply Tue 24 Jan, 2006 12:41 pm
On a serious note I was listening to NPR this morning and they were saying that the special process by which the oil has to gotten out of the sand and "cleaned" has now become cheaper than the price of Mid East oil and that this could change the economic relations between the US and Canada.

Farmerman chime in with some expertise would ya?
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roger
 
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Reply Tue 24 Jan, 2006 01:45 pm
I like it. American executive, Canadian oil sands - secure OUR oil supply.


Just a figure of speech, hamburger; I'm sure.
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hamburger
 
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Reply Tue 24 Jan, 2006 02:48 pm
want to add two points for now.

1) from what i know(business news), the oil sands are competitive at a price of about $35 a barrel.
canadian energy stocks have risen about 50 % within the last 12 months.
newfoundland and nova scotia are also heavily involved in the energy(mainly gas) exploration. this is , of course, deep sea ocean drilling.
from what i know, the "open pit" tarsand operations are a lot simpler, safer and more cost efficient than the deep sea drilling. i'm sure you all remember the capzising of the "ocean ranger" drilling rig. a horrendous disaster and also very bad publicity for the drilling companies.

2)a representative from greenpeace was also interviewed on the 60 minutes program. she deplored canada's increased oil production. she said, that as a good friend of the united states canada should not encourage the continued increase of energy consumption in the united states. she said that a good friend would not supply more drugs to an "addict" to make more money, but would help the "addict" to free himself from his bad habits.
so, friends, what do you prefer "more drugs" to feed your "addiction" or a "good lecture from a friendly neighbour" ?

your friendly neighbour, hbg
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Noddy24
 
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Reply Mon 13 Feb, 2006 12:31 pm
Addicted to Canadian Oil wouldn't be like being addicted to "foreign oil".
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farmerman
 
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Reply Mon 13 Feb, 2006 12:51 pm
Uh, ... I cant say anything about the retort process except that theres one helluva l;ot of tar sands up there(over a coupla trillion barrels). The stuff is like hard candy and will require a new process which grinds it and reacts it with solvents in heat to get its viscosity down. The athabasca and McMurray sands are over 200 feet thic of solid goo.
I heard that they were working on a conversion process in place as well as mining. This is not my area and Last time I was up at the McMurray , i took a sample for lab tests and the **** is still sitting there.

The idea of making a diesel fuel out of tar sands and coal has gotten very hot (an entrepreneur named John Rich ) has bought up a technique to turn out some very good jet fuel and diesel from coal/and tars. This could be a very nice way of sticking it to the rest of the Arabian peninsula (if we dont piss off the lovely wonderful friends to our immediate north , and dont cuttoff their abilities to avail themselves of US medical centers when they get put on waiting lines for critical surgeries like transplants).

Canadas in the drivers seat on this and Im happy for them cause theyre smarter than the US and they would just foil any attempt at invasion by doing something really hilarious like immediately surrendering and then going for massive grants-in-aid. No, we cant handle Canadians, too smart for us, just keep em happy by giving them all the fresh veggies and cheddar cheese we can spare, maybe we can, at least get out of this without bankrupting ourselves.
PS, the proven reserves of tar sands is waay greater than all the oil in the Mid East.
Just when Canadas had a bad week, they come up with diamonds greater than Africa, oil supplies that lead the planet, and some pretty good donuts.
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farmerman
 
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Reply Mon 13 Feb, 2006 12:57 pm
The new guy in Ottawa has told the US that he wont permit the offloading og LNG at proposed ports in MAine (on Indian lands) Canada already has a number of LNG facilities in the bAy of Fundy and most of that gas is shipped to the US. Theyve found a lot more gas in the Triassic basins from New Brunswick to Newfouindland. We will, in another 2 years, be in a natural gas glut
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hamburger
 
  1  
Reply Mon 13 Feb, 2006 12:57 pm
farmerman :
please, please, do not send any more cheddar cheese our way !
it's already coming out of our ears - or whatever !

if you promise NOT to send cheddar-cheese, you can have all the oil you want.
(couldn't cheddar cheese be turned into some kind of fuel ?)
hbg
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farmerman
 
  1  
Reply Mon 13 Feb, 2006 03:48 pm
There now, that wasnt hard now was it. Get us angry and well send you hundreds of thousands of copies of Barry Manilows newest CD. OR Terrell Owens,
Howbout Kraft instant Poutine in a box?
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farmerman
 
  1  
Reply Mon 13 Feb, 2006 03:50 pm
PS , cheddar can be made into a sort of biomethane , but it must be processed in the ailementary canal of a warm blooded Wisconsonian.
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hamburger
 
  1  
Reply Mon 13 Feb, 2006 06:13 pm
there you go , farmerman, problem of 'oil dependency' solved . and our exhaust gases - i mean the cars' exhaust gases - will smell like a toasted cheese sandwich, not bad. hbg
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