tag:blogger.com,1999:blog-32931256.post8165133457884357741..comments2024-03-18T21:55:56.412-07:00Comments on The Disaffected Lib: Stephen Harper's Oily Comeuppance The Mound of Soundhttp://www.blogger.com/profile/09023839743772372922noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-32931256.post-85384851426514923962015-09-11T11:31:40.355-07:002015-09-11T11:31:40.355-07:00@ Grant, thanks.
@ NPoV - you've touched on a...@ Grant, thanks.<br /><br />@ NPoV - you've touched on a rarely mentioned point - the need to husband our petro-assets for other uses such as plastics. Given that it took hundreds of millions of years to accumulate that organic material and any number of catastrophic events to sequester it deep underground in solid, liquid and gaseous forms, we'll be long gone before there'll be any new supply.The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-8010591752901196712015-09-11T11:08:51.142-07:002015-09-11T11:08:51.142-07:00We BCers might just get lucky when it comes to pip...We BCers might just get lucky when it comes to pipelines. But don't forget the crude-by-rail is going strong and will be poised to grow REALLY BIG if the price of oil rises. <br /><br />The Saudis seem to be determined to keep market share. They can likely still make money with sub-$40 oil unlike the frack-oil producers in the US and our crazy bitumen-oil shieks in the Tar Sands.<br />The Saudis may also be trying to delay the inevitable movement to green energy by keeping oil cheap.<br /><br />But the assets will only be stranded for a short period of time. "Fossil fuels" (carbon in the earth) are needed for producing all kinds of products and burning them for fuel is a waste.<br />The frack-oil and bitumen will be available in a few decades when we've learned how to use them w/o killing ourselves in the process. <br />So leaving the carbon in the ground - is a great hedge for the future. It should not be pissed away for pennies while we overheat the planet.<br /><br /> Northern PoVhttps://www.blogger.com/profile/04670080478290108536noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-77640556488562414292015-09-11T10:32:36.124-07:002015-09-11T10:32:36.124-07:00I enjoyed your posting...Correct on all counts.I enjoyed your posting...Correct on all counts.Grant Ghttps://www.blogger.com/profile/11944976348166120530noreply@blogger.com