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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (117157)	1/29/2009 11:08:02 AM
From: axial	Read Replies (1) \| Respond to of 206085

WTF? "Oh come on. Oil is an international commodity. What Canada dosen't absorb itself can be shipped out. Pipelines are already being added to Pacific ports." --- Changing course is no overnight thing; easily, it would take ten years. Multibillion-dollar deals would be cancelled. It would require that the US quickly develop alt energy sources, and implement fundamental changes that go to the heart of its economy. If those changes were undertaken, Canada would have an interim period in which it could redirect exports from north-south to north-west. That's already being planned and executed with natgas. Message 25296214 ASIA IS BACK on the radar screen of Canadian pipeline firms, as oil and gas producers look beyond their traditional US export markets writes WJ Simpson. Companies are concerned that planned environmental measures from US President Barack Obama's administration will restrict the flow of oil-sands-derived crude to the US. Undeterred by the added challenges of raising capital, scaled-back production forecasts for Alberta's oil sands and the threat of a Canadian government ban on overseas bitumen shipments, pipeline firms and producers are on the verge of agreements affecting 1.35m barrels a day (b/d) of possible exports. Enbridge and Kinder Morgan are seeking commitments from producers and refiners for their rival pipelines from the oil sands to deep-water ports on the British Columbia (BC) coast. Meanwhile, a partnership of Kitimat LNG and Pacific Northern Gas is testing market interest in liquefied natural gas (LNG) exports from BC's rapidly expanding gasfields. Enbridge's Northern Gateway pipeline is back on track, hoping to file regulatory applications later this year, after being shelved in mid-2007, when PetroChina abandoned its option to become an anchor tenant and 49% equity owner. Message 25363451 Jim