This project will not make anything cheaper for those living here. Boom bust continues. The money goes to the corporations.

If that's the case, then why haven't energy prices for the consumer even come close to keeping up with inflation over most periods spanning at least a couple decades. Seems pretty incompetent price fixing and gouging to not even be able to do that.

 

If that's the case, then why haven't energy prices for the consumer even come close to keeping up with inflation over most periods spanning at least a couple decades. Seems pretty incompetent price fixing and gouging to not even be able to do that.

The comment was that it will make prices cheaper. I can guarantee that the fact that we export LNG will not make local gas prices plummet. Canada is an oil producer. Have you seen our gas prices lately? Our hydro is set to skyrocet in order to pay for site C project that is being build to provide electricity to these various mega projects. Will the companies pick up the tab or the consumer? For the local communities the cost of living will increase. We have a growing port that is a rival to Seattle. You should come visit the city that is on its last legs.

 

This project will not make anything cheaper for those living here. Boom bust continues. The money goes to the corporations. LNG is seen as green and I guess compared to the bitumen it is. Prince Rupert is looking to do a propane terminal as well. It is open season for everyone. Feels like we are running high fever... will be fun times when Earth decides to shake us off and there is a 9 point earthquake here once they are done with their terminals. There is a solution to every problem.

Mother Gaia tried to shake us off during the dark ages with the Black Plague.

She failed.

Bring it on, I say. Ingenuity will reign supreme, as always.

 

Mother Gaia tried to shake us off during the dark ages with the Black Plague.

She failed.

Bring it on, I say. Ingenuity will reign supreme, as always.

So you must know why Mayan Civilization collapsed?

 

So you must know why Mayan Civilization collapsed?

They were statists.

 

They were statists.

And you think today is what? Free market economy?

 

And you think today is what? Free market economy?

I've said it before: humans prosper to the extent they are free.

'nuff said.

 

Even if that's true, what does it have to do with the new NAFTA replacement/modification?

Furthermore, even if the government of Canada is all you claim it is, how does that prevent Shell from developing the capabilities to be more competitive in the LNG global market?

In the end, NAFTA was only slightly tweaked. All that was done were a few minor modifications.

So you must know why Mayan Civilization collapsed?

Actually, it was aristocratic in-breeding. The Mayans as a civilization were long gone even before the Spaniards arrived.

They were so jealous of their knowledge in architecture, math, astronomy and other disciplines, that the families specializing in each field married only among themselves... until the knowledge and secrets disappeared because (in their view) there were none worthy of sharing them with.

But don't let my on-the-side comment derail this conversation. I find this thread fascinating as it is.

 

In the end, NAFTA was only slightly tweaked. All that was done were a few minor modifications.

Have you seen a side by side comparison?I’d like to see that.

 

Have you seen a side by side comparison?I’d like to see that.

This is a prettygood summary from canadian side. I have not been able to find a detailed analysis.

https://www.thestar.com/opinion/sta...free-about-new-north-american-trade-deal.html

 

This is a prettygood summary from canadian side. I have not been able to find a detailed analysis.

https://www.thestar.com/opinion/sta...free-about-new-north-american-trade-deal.html

Executive summary:

The deal sucks. Because Trump.

 

It's a fossil fueled world.

 

 

https://www.thegatewaypundit.com/20...rces-ever-in-texas-new-mexico-delaware-basin/

 

View attachment 165315


https://www.thegatewaypundit.com/20...rces-ever-in-texas-new-mexico-delaware-basin/

Holy cow!

The more we consume, the more we find. And it's right where an infrastructure already exists.

Peak oil: never.

 

You're right about that. Google maps shows the pin cushion from space.

 

And speaking of “Peak oil”. I went to the annual Chevron retirees lunch this past week. The CEO (Mike Wirth) declared that this year for the first time in 75 years the U.S. is a net petroleum exporter. Since Chevron HQ is nearby we usually get the scoop straight from the top. Lots of fun, now just work on that stock price, will you Mike?

 

Gas is $1.99 where I live. Haven’t seen that for while.

 

Gas is $1.99 where I live. Haven’t seen that for while.

From GasBuddy.com:

 

From GasBuddy.com:

View attachment 165979

Is that their usual format fo the graph? Designed to exaggerate fluctuations by having the top and bottom of the vertical scale at the high and low points of the data. Poorly done but probably good for their business.