tag:blogger.com,1999:blog-32931256.post7405328580406384126..comments2024-03-22T05:20:44.167-07:00Comments on The Disaffected Lib: $4.5 Billion? Try $20 Billion.The Mound of Soundhttp://www.blogger.com/profile/09023839743772372922noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-32931256.post-88017291896134281322018-05-31T03:19:06.520-07:002018-05-31T03:19:06.520-07:00.. without knowing who the crucial 13 companies ar..... without knowing who the crucial 13 companies are.. <br />how many are on the hook re tailings lakes cleanup ?<br />What is the Vegas betting line.. they will fold and walk away ?<br /><br />Askin for my son..the salamanderhttps://www.blogger.com/profile/06853337802990122289noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-6457568621998884612018-05-30T18:07:27.806-07:002018-05-30T18:07:27.806-07:00So leaving aside projected revenues (that didn'...So leaving aside projected revenues (that didn't impress the boys from Enron apparently), Trudeau will spend $20 billion to alienate British Columbia, be on the hook for building a tanker facility and cleaning up (impossible) any spills/ royally pissing off the First Nations (and their allies), gambling that bitumen will remain profitable, getting the permanent loyalty of the voters of Alberta (little joke there), betraying the international movement against climate change; ....<br /><br />etc., etc., I guess.<br /><br />I think this is more what MoS said recently; this is probably more about bailing-out Bay Street banks that had invested in this scam (as Canada's business elites are wont to do).thwaphttps://www.blogger.com/profile/15399550285738440669noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-59380964048771871752018-05-30T17:25:23.708-07:002018-05-30T17:25:23.708-07:00John: The numbers are based on $1m?day from the ex...John: The numbers are based on $1m?day from the existing line and $2/day from the proposed line. That is $3/day. rumleyfipshttps://www.blogger.com/profile/03346146988416679423noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-80400285938335645922018-05-30T16:48:28.457-07:002018-05-30T16:48:28.457-07:00Rumley. Your numbers, $2 million/day = $730 milli...Rumley. Your numbers, $2 million/day = $730 million/year. $730 million x 20 years = $14.6 Billion. That's income. Less costs.<br /><br />My numbers: $15 Billion @ 10% over 20 years = $120 Billion.<br /><br />The thirteen companies may have a presence in 2018 but its doubtful they'll be around in 2038, especially if they've signed on to this scheme!John's Aghastnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-91017772002666346712018-05-30T15:33:26.279-07:002018-05-30T15:33:26.279-07:00No John, it' ~$22B income over 20 years. Costs... No John, it' ~$22B income over 20 years. Costs will rise for the new pipeline but in total it will be ~15-16B total. <br /><br />Please stick to facts or the attacks on us as dangerous lunatics will become justified.<br /><br />I just checked the thirteen companies listed in the link above. They all have a web presence with post in 2018. rumleyfipshttps://www.blogger.com/profile/03346146988416679423noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-44448930814472556302018-05-30T15:06:40.603-07:002018-05-30T15:06:40.603-07:00Wow Rumley. That's ALMOST $15 Billion return ...Wow Rumley. That's ALMOST $15 Billion return on a $20 Billion investment! IF it runs autonomously, IF the contracts are real, IF there are no spills. Too many ifs. IF I put $20 in the bank today I would hope to get more than $15 back twenty years from now!<br />Trewdough had best chuck his $4.9 Billion in the 'sunk costs' basket and pick another target to 'Make Canada Great Again'John's Aghastnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-65115664559673254462018-05-30T14:37:13.844-07:002018-05-30T14:37:13.844-07:00Here's where started http://business.financia...Here's where started http://business.financialpost.com/commodities/energy/energy-giants-suncor-kinder-morgan-butt-heads-over-trans-mountain-pipeline-fees<br /><br />I need to see if the oil companies are still in business; it was 5 years ago.<br /><br />The new contracts are for $4.50 to $5.5o ; about $5.00 a barrel. I estimated ( guessed ) that it costs about $3 now. Transporting a bit over 300,000 barrels a day, Kinder Morgan's daily income is roughly a million dollars. Extrapolate to 20 years.<br /><br />The contracts from the thirteen oil companies call for 400,000 barrels a day at $5 or 2 million dollars a day. Again extrapolate over 20 years.<br /><br />Yes the demand for Alberta filth will drop, but I don't want to be associated with an argument so easily debunked.rumleyfipshttps://www.blogger.com/profile/03346146988416679423noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-14979259211325332382018-05-30T14:22:30.518-07:002018-05-30T14:22:30.518-07:00Well, Rumley, as soon as you can tell us what'...<br />Well, Rumley, as soon as you can tell us what's in those order books (they say they've got two thirds of the capacity sold but no one is letting anyone see the contracts) or the future of bitumen in world markets in a decade or two, revenues are a mere abstraction. Do send me the numbers when you get them and, if you're getting those numbers from Morneau or Trudeau, some independent source of corroboration.The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-77922288368016650792018-05-30T14:18:26.039-07:002018-05-30T14:18:26.039-07:00When it becomes a matter of taxpayers' dollars...When it becomes a matter of taxpayers' dollars being misspent, even for those who don't follow politics, Mound, this could prove to be the moment when Justin "jumped the shark."Lornehttp://politicsanditsdiscontents.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-73378540554554864902018-05-30T12:45:27.265-07:002018-05-30T12:45:27.265-07:00Andrew, Owen and you have all make a mistake os om...Andrew, Owen and you have all make a mistake os omission. You have left income out of the equation. By trying to sluff this off , environmentalists look like fools who can't do the math. Not good for our side.rumleyfipshttps://www.blogger.com/profile/03346146988416679423noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-54310207566215935352018-05-30T11:59:22.121-07:002018-05-30T11:59:22.121-07:00I suspect Justin and Bill are lousy poker players....I suspect Justin and Bill are lousy poker players.<br /><br />UU <br />Anonymousnoreply@blogger.com