RE:PackerBanshee wrote: You asked me a question on Drill Baby Drill. Unlike you who never answer any question that calls onto question your usual trash can posts and avoidance , l will answer. I have no problem with the USA or Canada bringing on further production, that's better than our idiots in Quebec who would rather import oil from some degenerate ME regime than from Alberta , that is their and your disgrace. We have the TMX and as it has only been in operation since May 1 the affect is yet unknown. You who claim to own , which l doubt discount a growing population and a better standard of living that many of those third world nations aspire to. And that will only increase the demand for our commodity and prosperity for Alberta especially. And Packer , you may or not have noticed some posts all removed by NH for no reason other than stalking and post monitoring by a discriminatory company and a group of whiners. That you have nothing to say or add as you are just part of that group of Free Speech censors. NH , probably to his regret said you were a gentleman , well he was completely mistaken as you are as far removed from that as humanly possible. Now just continue with your holier than thou garbage.
Too much! You say you're going to answer the question...and then you DON'T !! Instead you launch into another litany of grievances and presonal attacks on me....accusing me of lying about my oil investments. (???)
I asked: "As an investor of Canadian oil and gas, do you think increased US oil production would be good for your oil stocks?" I asked because you're a big Trump cheerleader...I understand why you're uncomfortable answering it.
You said instead that you're all for increased Canada and US production....Where is increased Alberta production supposed to go??. Wake up and smell the coffee! The chances of more pipeline being built are nil at this point. That's not me talking it is the industry:
https://www.reuters.com/business/energy/trans-mountain-expansion-may-not-give-long-term-price-relief-canadas-booming-oil-2024-02-21/
You say it's too early to say what effect TMX will have on price.....it went from 19 dollars in January to 11.50 today https://boereport.com/2024/05/07/heavy-oil-discount-tightens-3/
And why is TMX a "non-event" in your opinion all of a sudden??? You've been wanting more pipeline capacity for TWENTY YEARS !!! Now you got some and you doubt its positive effect on the industry??
What's up with that? What would be the point of building more pipelines if you think they don't matter much??? You don't make sense....as usual!
There are way more smarter people than you or me who estimate future oil demand for National and International energy organizations. You're now on the record as disaggeeing with them. SWELL! So what?
You're just "mad at the world" because it does not fit your wishes/expectations. The smart money takes it ALL in... the positives and the negatives and makes decisions based on that.
Who the heck cares if the Saudis are sending 800k barrels a day into Canada....we are EXPORTING 4 million barrels a day. The market is INTERNATIONAL....you or any country can't make "rules of origin" about it. That's a good thing! The last guy that proposed to limit oil imports into Canada was Pierre Trudeau and you called him a SOCIALIST!
If you think it would be a great idea to build an oil pipeline across the country to New Brunswick....THEN BUILD ONE....go find the investors and do it!!! Endlessly ranting and raving that it hasn't happened yet does absolutely NOTHING. It's USELESS.