Monday, 13 January 2020


We had 100 years of Alberta oil

Economic cheerleading by federal and provincial politicians and the mainstream media on behalf of the oil industry is doing the public a great disservice

We have to stop Lying 

It’s time to tell the truth

Because

 Canada has the highest debt levels in the developed world.

This is no secret. 

Canada is the world leader in debt. 

Canada is #1 

Canada should be one of the Richest Nations in the World 

In addition to oil.

Canada has many other valuable natural resources 

Here are the world rankings of Canada's natural resources:

Potash, #1

Uranium, #2

Oil, deposit #3 (production #6)

Nickel, #4

Diamond, #5

Salt, #5

Zinc, #6

Gold, #9

Copper, #9

The Canadian budget makes it abundantly clear where its revenues come from

It comes from you

The vast majority comes from you and your personal income taxes.

It's not from Canada's natural resources 

The Canadian Taxpayers Federation has found that 

This is the first time in the history of Canada that a  

Prime Minister has lied and worked so hard to

Make other Countries Richer, and Canadians Poorer

The World is laughing at us

The World Thinks what 

The Canadian Government calls good business makes 

China and Russia Look Good 

Trudeau is a laughingstock amongst World Leaders.

He's just a puppet to Foreign Investors

He arrives in foreign nations preaching climate change,
Gender equality, progressive trade, diversity and inclusion.

Some governments are politer than others in telling him to hit the road and mind his own business.

He is not an emissary for the United Nations and does not speak for most Canadians.

Twice now Canada has voted in a Trudeau

 Every time Canada votes in a Trudeau 

Everyone in Canada Cries

This time

Your Children, Children will be 

Crying because they will have to pay for this 

Trudeau government is pushing an agenda that is designed to hurt our nation.

Trudeau’s energy policies

 Foreign countries win and Canada loses.

“This is why the rest of the world is laughing at us,”

Liberals apologize after hiding $183K in contracts awarded to environmental group

The Pembina Institute is an anti-oil institute that is doing the dirty work of the 

Federal Government at arm's length and the taxpayers are duped into paying for their dirty work.

It was set up by the Tides Foundation to try and block

 Alberta oil from reaching tidewater and 

Here we have the Liberal Government funding them as well and lying about the funding and all

Liberals do is apologize after hiding $183K in contracts awarded to the environmental group.

Toronto Sun  Feb 25, 2020

Alberta's oil sands has the third largest oil reserves in the world, after Venezuela and Saudi Arabia.
Alberta's oil sands’ proven reserves equal about 
165.4 billion barrels (bbl).
Economist Robyn Allan told DeSmog Canada. 
96% of Canada’s oil exports go to the U.S.
‘Essentially we are giving oil away for free’
This is what Prime Minister Justin Trudeau
Is trying to sell Canadians
The pipeline to Asia is Trudeau's biggest lie
“Canada is truly divided now,”
This election divided Alberta and Saskatchewan into Conservative majorities
For Canadians this was a Climate Crisis Election,
More than 63% of voters supported parties with substantial climate change platforms.
For the people of Alberta, Saskatchewan, 
They voted for the 
Trans Mountain Pipeline
The one that Prime Minister Justin Trudeau
Promise to Asian markets 
Declaring the Trans Mountain pipeline is a matter of national interest
The Trans Mountain pipeline is essential for Canada’s future.
Most Canadian Voters and 
All Canadian oil producers want is a
Pipeline to Asia

Because 
Canadian oil is held ransom to a single, 
Monopsony buyer in the U.S. 
At a huge discounted price; 
Essentially we are giving oil away for free’

Today you can thank 

Prime Minister Justin Trudeau

This is why the world thinks 



Trudeau he's just a puppet to Foreign Investors

This is what Canadians are really getting 
The Trans Mountain pipeline 
It's the 15 billion dollar Backdoor to Washington State 
This will 100% guaranteed that
“Virtually no exports go to any markets other than the U.S.,”
It's Bankruptcy in Canada and Incredibly Profitable in USA
Plus
 Alberta's Energy Regulator estimate the cost to clean up 
Alberta's oil and gas industry may be $260 billion
Alberta is sweeping this problem under Water

This comes just as a new report out from the




Canada is second only to the 
United States in planned expansion

Of the oil and gas industry.

“New oil and gas development in

Canada between now and 2050
 could unlock an additional 25

 [gigatonnes of carbon dioxide],

 More than doubling cumulative emissions from the sector,” the report found.
https://nationalpost.com/news/canada/why-washington-states-stand-against-trans-mountain-is-a-tad-hypocritical




The Trans Mountain pipeline it never had anything to do with
Asian markets 

The Trans Mountain pipeline has everything to do with enriching U.S-.based refineries with 

No value added in Canada.

This is what Trudeau's Government calls good business 

And this is why Trudeau is so proud

 Trudeau goal is to get the Cheapest

Oil as Cheap as possible out of Canada as 

Fast and as Cheap as possible 
To U.S-.based refineries
That's exactly what he is doing 
This is why
Prime Minister Justin Trudeau
Is building the Keystone XL pipeline and
The Trans Mountain pipeline
This 100% Guarantees that every drop of
Canadian oil will be held ransom to a single,
Monopsony buyer in the U.S.
At a huge discounted price;
To guarantee that U.S-.based Refineries
Will take every drop of Oil
Trans Mountain pipeline was intentionally understated.
“It now guarantees a huge subsidy to shippers
Through reduce toll rates,”
This is why the
They also get

Federal and provincial subsidies 
tax breaks, royalty reductions and infrastructure credits 
to the oil and gas industry total $3.3 billion a year.
“Trans Mountain was a profitable pipeline system when Ottawa bought it,” 

The Trans Mountain pipeline lost $75 million in the first nine months of 2019.

Why?

 “Because Finance Minister Bill Morneau failed to ensure that

The toll settlement agreement between

 Trans Mountain and its shippers resulted in toll rates high enough 

To cover the cost of buying it,”

Trans Mountain received $320M in government subsidies in first half 2019
Ottawa has no idea how much the expansion will cost.

The proposed expansion to triple the pipeline’s capacity will add to the losses as taxpayers subsidize both construction and the fees companies pay to ship oil.

Put all the costs together and the purchase of 


The Trans Mountain pipeline has probably cost taxpayers 


$8 billion in subsidies to oil and gas companies through unjustifiably low pipeline tolls.


Canadian taxpayers are now paying 


$1 billion for the Ocean Protection Plan.

When 96% of Canada’s oil exports go to the U.S.
By Pipeline and Rail

 (Even though no credible technology for cleaning up ocean oil spills exists.)

Plus

Alberta's Energy Regulator estimate the cost to clean up

Alberta's oil and gas industry may be $260 billion.

That your children will have to pay for

It's how to beat the tax man and everyone in Canada


Tax favour that cut billions in value

When Ottawa purchased Trans Mountain it bought shares rather than assets, 

Which Allan says benefited the indebted Texas firm. 

“Buying shares rather than assets reduced the taxes 

Kinder Morgan was required to pay on the sale,” 

she reported. 

But more importantly the decision 

“guaranteed a huge subsidy to shippers through reduced toll rates,” 

According to Allan’s reading of the regulatory documents, 

The tolls that the CER approved are based on a valuation of the 

Trans Mountain assets at $1 billion. 

Yet Ottawa paid $3 billion for the existing pipeline and $1.5 billion for the expansion plans. 

If the government had bought assets instead of shares, 

the full $3 billion would have been considered by the CER in setting tolls,

 Resulting in higher rates for shippers.

Allan found the decision means that shippers will pay $2 billion less per year in tolls over the next three years 

 at the expense of Canadian taxpayers.

 The loss will rise to $3.4 billion per year over the next five years, she warns.

Pipelines make money by charging customers tolls.
 The Canada Energy Regulator
(formerly the National Energy Board),
 Yet another federal agency, sets the rates. 
The regulator, known as the CER, set the rates for
Trans Mountain for the next three years in 2019.
Here’s the catch. 
Rates are set based on pipelines’ operating costs and the asset value of the pipeline and related facilities, with the aim of ensuring a fair return for the owners 
(and fair rates for the companies that ship oil or gas).

Allan found that by purchasing shares instead of assets,

Prime Minister, Justin Trudeau, 
The federal government ensured the asset value of the 
Trans Mountain pipeline was intentionally understated.
That meant lower future tolls, she reports,
 “This Is a gift to refiners in Washington State"
The Trans Mountain pipeline is now a 
$7.8 billion dollar US per year Goldmine 
For Washington State
And Canada is paying for it 
Trans Mountain will create massive potential profits for Washington State Refineries  
Adding hundreds of highly-paid refinery jobs in the state
With an eventual capacity of 890,000 barrels per day, 
U.S. refineries could pocket $7.8 billion US per year adding 
No value to Canadian crude 
Albertans aren’t told that
More than two-thirds or 71% of the ownership of Oil Sands production in 

Canada is now owned by foreign entities

This all started when

Stephen Harper signed  treaties with China 

That no other countries would dare sign

This is one
FIPA] is not a free trade agreement
But rather a bilateral agreement intended to
“Protect and promote” foreign investment
It was passed without a vote in Parliament.


[Fipa] which remains in place until 2045,


It was signed to ensure that China got a pipeline built


Among many other benefits.

Canada calls Stephen Harper:




Stephen Harper sold


Everything he could sell




They now call him  Chairman Harper

It's all because
Obama administration halted construction on 
The remainder of the Keystone XL pipeline


In Canada
When everything is a National Security Secret
The Canadian Government Secret treaties are massive giveaways of
Canadian resources and rights with no vote in Parliament.
This is why the rest of the world thinks 
Canadians are dumb and dumber 
This has to end or Canada will be the next Venezuela


Oil by far the most important source of revenue for fossil fuel companies in Canada  
When the Keystone XL pipeline and
The Trans Mountain pipeline is finish 
Most of the benefits go to
The Trans Mountain pipeline it never had anything to do with
Asian markets 
It has everything to do with enriching
U.S-.based refineries with 
No value added in Canada.
Prime Minister Justin Trudeau
 Spend C$4.5bn (US$3.45bn) Plus
To purchase
Kinder Morgan’s Trans Mountain Pipeline
The existing 300,000 barrel per day pipeline
Because 
Canada lost the Keystone XL pipeline South
In 2015, on the eve of the international climate talks in Paris,
Obama administration halted construction on 
The remainder of the Keystone XL pipeline
A 800,000 barrels a day pipeline of crude to
 Terminals on the Gulf Coast.
Arguing approval would compromise America’s effort to reduce its greenhouse gas emissions. 
Saying the $8-billion project would boost
American energy and create jobs.
A presidential permit is needed because the project crosses a U.S. border.
Donald Trump issues new permit for Keystone pipeline
Why is our Resource-Rich Canadian Government  Always Poor
Because
Canada has one of the World’s 
Lowest oil royalty rate structures .”
The royalties could amount to merely 1 per Cent
The low rate that oil companies pay in 
Alberta’s oil and gas companies have figured out how to pull off  
“bankruptcy-for-profit”— and it’s 
The Biggest scheme of the century. 
Industry manipulates the current system.
It's Bankruptcy in Canada and Incredibly Profitable in USA
 Canada allows big players to continue to scam the system,
Alberta is losing billions every year 
Just to Fight “Air Barrels”  
As Prices Continue To Plunge
The government estimates Alberta is losing
$80 million a day due to this discount,
Alberta will never be able to stop “Air Barrels”
Instead of fixing the problems
Plus
Prime Minister Justin Trudeau 
Is building two more pipelines south
The Keystone XL pipeline and
The Trans Mountain pipeline
Thanks to
Prime Minister Justin Trudeau
This will 100%  guaranteed that
“Virtually no exports go to any markets other than the U.S.,”
Economist Robyn Allan told DeSmog Canada. 
96% of Canada’s oil exports go to the U.S.
Most of it at a very steep discount.
‘Essentially we are giving oil away for free’
Plus
Canada subsidized the fossil fuel industry to the tune of almost $60 billion per year— approximately $1,650 per Canadian. 
“Oil Companies in Canada will point to the jobs
They are creating rather than acknowledge they could be sharing more of their profits,

Which mostly goes to shareholders who are not even in this country,” 

Alberta oil Jobs are backsliding
Last year, the oil patch shed 14 per cent more of its workforce.
It's only 6 percent of the provincial total now.
Alberta employs about 140,000 people in the oil and gas sector 

The most obvious is the blowout in employment growth in the U.S. mining/oil and gas sector at 14.9 per cent since January 2017.
 Not true in Canada, where employment has fallen by 3.2 per cent



It cost Canada over 6 million barrels of oil a year
 To keep one person working 
When the pipelines are build it will cost 
Canada 5 times or more 
Just to keep one person working 
Alberta's oil patch?
The Cleanup bill is greater than the
Value of the entire oil and gas industry
 It's $260 billion
$200 billion more than has been publicly reported.
Canada does not have the money so
Your Children, Children will be 
Crying because they will have to pay for this 
National Geographic said
This is the world's most destructive oil operation and It's growing 
When the Keystone XL pipeline and
The Trans Mountain pipeline is finish 
It's Guaranteed to be 
The most environmentally destructive Oil operation
In the history of man
Oil companies just plan to pour water on it
The Supreme Court of Canada says
The governing Alberta NDP and the official Opposition
Told the provincial legislature Tuesday
Alberta’s oil patch isn’t an emergency now,
This is why
Alberta policy unique in North America. 

Companies have no deadlines to clean up abandoned wells.

Oil sands waste is collected in sprawling toxic ponds.

Because they now have over 70 years to 

Figure out how to clean up their tailings and reclaim the land.

Oil companies plan to pour water on them

This is making Canada the laughing stock of the world
Because
What they are doing 
It's all because Canada does not have the 
  $260 billion to clean up Alberta’s oil patch
Alberta is sweeping the problem under 
Water for the next 100 years
 Bank of Canada listed climate change as a threat to the Canadian economy
And by that measure the province is doing terribly.
Its oil sands alone did more damage to the climate last year than the entire economy of B.C.
And Alberta’s per capita carbon emissions of 62.4 tonnes dwarf those of
 The U.S. (15.53 tonnes) or even Saudi Arabia (16.85 tonnes). 
This is why 
Canada was just ranked 51st out of 60 countries in the
Why is the Trans Mountain pipeline so valuable to
Prime Minister Justin Trudeau
When no other private investors would stepped up to take on the risk after 6 years of Looking:
The Puget Sound Pipeline as part of the $4.5 billion deal for the existing Trans Mountain line meaning the decision to expand the spur line will fall on Ottawa.
According to data from the National Energy Board, an average of 295,600 barrels of oil per day was transported on the Trans Mountain pipeline in March 2018, the most recent month of reporting.
About 62 per cent of the oil went to Washington State via the Puget Sound Pipeline.
Another 21 per cent went to the Westridge terminal, 
While the remaining 17 per cent was transported to Burnaby for distribution, refining or storage. 
Washington State’s Department of Ecology reported that between January and June 2018, an average of 163,500 barrels per day of oil was transported from Alberta via the Puget Sound Pipeline.
All of the oil that made it to Westridge was “domestic heavy,” or diluted raw bitumen from Alberta.
That’s opposed to “domestic light,” which includes conventional oil and bitumen upgraded into high-quality synthetic crude — and is primarily shipped to Washington refineries via the Puget Sound Pipeline. 

Some diluted bitumen also arrives at Washington refineries by tanker or barge from Westridge, with more shipped to California.

 Some oil is also transported from Alberta to Washington by rail.
In 2017 the state also shipped in 4,092,715 
Barrels of product using Alberta oil trains.
Between January and June 2018, 1.55 million tonnes of crude oil 

(the Port of Vancouver measures oil in tonnes rather than barrels) 
was shipped from Westridge on tankers and barges.

 Of that, 92 per cent went to the United States

 While 4.8 per cent went to South Korea in April 

And three per cent went to China in May).

This is an overall increase from previous years. 

For comparison, only 1.77 million tonnes of crude oil was shipped out of Westridge in all of 2017.
Gov. Inslee, who is co-chair of the U.S. Climate Alliance
Washington State Governor Jay Inslee endorsed
 B.C.’s push to block construction of the federally approved 
Trans Mountain pipeline expansion.
Why is he up here 
 Because Canada purchased
Their $7.8 billion US per year Goldmine 
The Puget Sound Pipeline as part of the $4.5 billion deal for the existing Trans Mountain line meaning the decision to expand the spur line will fall on Ottawa.



 Refineries in Puget Sound will do anything to continue to get all of the
 Cheapest crude they can get their hands on. 

Sending it by pipeline from the oil sands directly to the refinery 

It's the easiest and the cheapest way to get crude here.

And Canada Pay for it 
U.S. west coast refineries are the most profitable in the world
 Due to a relatively captive market and lack of competition
Alberta oil processed by a coking refinery is much more 
Profitable than other types of oil in the world  
Up to $45 US per barrel 
At Puget Sound refineries: $24 per barrel,
 Compared to $10 per barrel for Bakken oil and 
$6 per barrel for Alaska oil.
Using the more conservative crack spread of $24 per barrel 
Trans Mountain will create massive potential profits for west coast refiners. 
Adding hundreds of highly-paid refinery jobs in the state.
With an eventual capacity of 890,000 barrels per day, 
U.S. refineries could pocket $7.8 billion US per year adding 
No value to Canadian crude 
Not surprisingly, 

Vancouver also has some of the highest retail gasoline prices in North America.” 
The Trans Mountain pipeline has a southern leg

called Puget Sound Pipeline 
Which splits off at Kinder Morgan’s Sumas Terminal in Abbotsford, B.C. and delivers tar sands to several refineries in Washington State, 
Including the Ferndale Refinery (owned by Phillips 66),
 The Cherry Point Refinery (owned by BP),
The Andeavor Anacortes Refinery 
(now owned by Marathon Petroleum), 
The Shell Anacortes Refinery (owned by Shell Oil). 
The Puget Sound Pipeline currently has a capacity of 170,000 barrels per day (bpd), but in the documents filed for its IPO in May 2017, 

Kinder Morgan indicated that they want to significantly increase that amount, according to 
Sven Biggs of Stand. Earth's Bellingham, Washington office.
This has been the plan all along,
But there’s also speculation that Puget Sound could become an export terminal of its own.
In a widely published June 3 op-ed for Postmedia newspapers, 
Thomas Gunton 
a former B.C. Deputy Minister of Environment
 decimated the Trudeau Liberals’ decision to buy 

Kinder Morgan’s Trans Mountain pipeline and build its expansion project. 
But instead of urging that the Trudeau government stop this controversial purchase,
Gunton stated this: 
“Ironically, 
Their purchase of the pipeline may provide them with
one last chance for changing course

If they insist on building TMX they could appoint a multi-stakeholder task force including

 First Nations to consider redesigning the project to reduce its worst impacts by scaling down the size of the expansion and directing increased shipments to refineries in Washington State. 
This would avoid tanker exports from Vancouver, 
The Westridge terminal in Burnaby has serious depth restrictions that limit loading to Aframax-size tankers,
 which can only be partially filled with about 500,000 barrels.
Comparatively, BP’s Cherry Point terminal in 
Washington State’s 
Whatcom County can receive Very Large Crude Carriers (VLCC), with tankers docking in late 2017 
Carrying 900,000 barrels 
 Almost double the capacity of Westridge.
Reduce the number of Alaskan tankers 
through Georgia Straight,
And allow for the phasing out of the higher risk aging pipeline.”
This suggested “redesign” to benefit 
Washington’s major refineries may have been the plan all along, or at least since
November 15, 2016 when Gunton’s former boss
B.C.’s former premier Mike Harcourt 
 To avoid Kinder Morgan’s Westridge Terminal in Burnaby. 
Even before Trudeau had given federal approval to 
Kinder Morgan’s expansion project,

Harcourt was here urging that the tarsands diluted bitumen (dilbit) be shipped
 “to either Deltaport or just across the B.C.
Washington state border to the Cherry Point refinery”
in order to avoid “insurrection” in B.C.
 Located within Port Metro Vancouver the marine terminal is capable of accommodating ships up to Aframax-size
“The reality is those Aframax boats are not great for international shipping,”
The truth is
The size of tanker required to economically compete 
With other shippers of oil to Asia.
It cost 4 to 8 times more to ship oil from Vancouver to Asia
Vancouver will never be one of those ports. 
No VLCC or ULCCs will ever arrive to offload foreign oil,
Then upload Alberta bitumen for a backhaul trip to foreign refineries.
So the pending Trans Mountain pipeline plan to triple oil sands exports, 
And increase oil tanker traffic under the
Lions Gate Bridge up to seven-fold,
Is doomed.
So is the plan to expand oil sands output by 40 per cent. 
No amount of cheerleading, or demonizing, 
Or pixie dust will change the raw laws of
 global oil economics.
The Truth is 
The Trans Mountain pipeline it never had anything to do with


“Virtually no exports go to any markets other than the U.S.,”

‘Essentially we are giving oil away for free’
It's Bankruptcy in Canada and Incredibly Profitable in USA
Why aren’t companies shipping crude to Asian now?
Because
Alberta oil processed by a coking refinery was much more profitable than other types of oil in the world  
Up to $45 US per barrel 
At Puget Sound refineries: $24 per barrel,
 Compared to $10 per barrel for Bakken oil and 
$6 per barrel for Alaska oil.

This is why the Trans Mountain pipeline is so valuable to the U.S.
And they will do anything to keep it that way 
If this does not end Canada will be the next Venezuela
With a $260 billion bill to clean up Alberta’s oil patch
Our nation has an employed population of 18.4 million, 
Meaning the average working person would have 
To pony up $14,000 to pay for 

Alberta’s special relationship with the oil industry.
We have to stop the blame game;


How many booms and busts does it take for a
Conservative government, in power for 44 years, 

To acknowledge they have failed to both recognize the need for alternate markets for our oil

Now we are building 

The Keystone XL pipeline and


The Trans Mountain pipeline

 to the south

Essentially we are giving oil away for free

This is why Canada will be the next Venezuela
It's time to recognize that
Alberta is a oil state, with all its advantages,
entitlements, hubris and decades of quid pro quo
between the oil industry and the people in power

For 44 years
The Conservative government has been
Neglecting Alberta’s long-term well-being
Nor is blaming the federal government
(in power for just over one term) for the lack of pipelines. 
Royalties have declined from roughly 30 per cent in Lougheed’s time

To close to one per cent in the last few years; and yet the

Big Five 

(Suncor, CNRL, Cenovus, Imperial and Husky)
continue to post billions in profits.
Plus
Canada is now Number ONE in the world for Subsidies


It's Jobs over the Environment

Only 6 percent of the provincial total now.

In 2017, approximately 140,300 people were employed in Alberta’s upstream energy sector. 

Source: Statistics Canada, Survey of Employment, Payrolls and Hours.


And by that measure the province is doing terribly.

Its oil sands alone did more damage to the climate last year than the entire economy of B.C., 

And Alberta’s per capita carbon emissions of 62.4 tonnes dwarf those of

 The U.S. (15.53 tonnes) or even Saudi Arabia (16.85 tonnes). 


This is why 


Canada was just ranked 51st out of 60 countries in the

Election Shows Canadians Aren't Joking About 

Wanting Real Action On Climate Change

More than 63% of voters supported parties with substantial climate change platforms.

“Canada is truly divided now,”

For  Alberta, Saskatchewan, it was 100%  Pipeline 

The election divided Alberta and Saskatchewan into Conservative majorities

Conservative's economic plan based on 

Oil and the Tar Sands

The Conservative caucus grew from 95 to 121 thanks mainly to gains in B.C.,
 Alberta, Saskatchewan, and New Brunswick. 

But Andrew Scheer and his party lost support in the riding-rich Greater Toronto Area, and more widely across Ontario and Quebec.

Andrew Scheer: Big Oil's secret weapon

Asked about concerns over Trans Mountain pipeline's future due to minority govt, 

Alberta Premier Jason Kenney says if the prime minister means what he said on election night about listening to the people of Alberta & Sask., 

The clearest way is to commit to pipeline's completion

The Kenney war room is another blatant political ploy against both climate science and free speech; ironically,

 It is partially funded by oil companies.

Canadian producers want pipelines simply so they can capture the discount they currently lose on Canadian oil because their access is right now limited to only one export customer, the U.S.

The truth is 

The Trans Mountain pipeline will only make Canadian producers problem worst 

When the Trans Mountain pipeline is finish 

It would follow the existing secondary route from Sumas, B.C. into Washington state,

Taking Alberta oil to the three existing refineries in Cherry Point and Anacortes, Wash.

Canadian oil would still be held ransom to a single, monopsony buyer in the U.S. at a discounted price; 

It will cost Canadians $10 to $15 billion to get the
Oil to the
Three U.S. refineries with no value added in Canada.

The campaign against Alberta oil is more about

American economic interests than protecting the environment.



“About $90 million over the last 10 years

 Has gone towards various efforts to restrict oil and gas development and export

In an effort to land-lock Alberta oil so it cannot reach overseas markets, 

Where it would attain a higher price per barrel.

Yet, it has also struck many of us as an odd thing that,
for the most part, those who are most vocally against one ship a day serving

Canadian interests happen to be the branch-plant operations of powerful 

American environmental organizations.

Those groups, and the various billionaire foundations, seem to believe they know better than Canadians do about what Canada's economic future should look like.

Thanks to

Prime Minister Justin Trudeau

They now have 



The Keystone XL pipeline and

The Trans Mountain pipeline

This will 100%  guaranteed that

“Virtually no exports go to any markets other than the U.S.,”

The truth is 

The Kenney war room it is partially funded by foreign oil companies. 


BC.Gasoline and Diesel Prices Inquiry said

The Trans Mountain pipeline it had nothing to do with

Asian markets 

Trans Mountain pipeline

It has everything to do with enriching

U.S-.based refineries with no value added in Canada.

That is exactly what they are doing 

It's Bankruptcy in Canada and Incredibly Profitable in USA

Even as tens of thousands of Albertans lost their jobs and smaller companies filed for bankruptcy

“The Big Five” 

Were performing relatively well 

"incredibly profitable corporations," 

Banking and paying out to shareholders
 $13.5 billion last year.

Alberta’s oil and gas companies have figured out how to pull off 
“bankruptcy-for-profit”— and it’s 

the scheme of the century.  

Canada allows big players to continue to scam the system,

Prime Minister Justin Trudeau 

Said the pipeline will be expanded 

However, the Liberals still need to find $10 to $15 billion to build the pipeline.

It will create 2,500 temporary construction jobs over two years with 90 permanent jobs.

 But instead of ending at the Vancouver terminus,

It would follow the existing secondary route from Sumas, B.C. into Washington state,

Taking Alberta oil to the aforementioned three existing refineries in
 Cherry Point and Anacortes, Wash.

Why


For marine safety reasons, 

Oil Tankers In Canadian Waters

The B.C. government proposed limiting any increase in shipments 

Of diluted bitumen amid concerns about spills.'

The maximum oil tanker cargo allowed through B.C.’s
Burrard Inlet is an Aframax class ship at 80 per cent capacity
Carrying 550,000 barrels, 

Only about one-quarter the load of a VLCC.

They can carry two million barrels at a time

Plus ULCCs are the largest tankers in the world and 

They carry up to 4 million barrels of oil.



It cost 4 to 8 times more to ship oil from Vancouver to Asia



Refiner in Asia would have to book and pay for four to eight tankers



Where would that leave Canadian interests? 


Whatever risk there is to the Pacific Coast would simply be moved 60 miles south and put under American control; 


Whatever economic and environmental benefits



Canadians might have enjoyed would be lost



Every planned drop of oil will still be produced;



Canadian oil would still be held ransom to a single, 

Monopsony buyer in the U.S. at a discounted price; 


This will cost Canadians Billions



Those refineries are currently supplied by oil shipped down from the Alaska North Slope fields by boats that regularly transit B.C. waters. 



Production from that field is expected to decline by more than 150,000 barrels per day between now and 2026.



Oil tankers have been departing the Westridge marine terminal in Vancouver weekly since 1956. 



Additionally, bulk tankers come from Alaska, down the west coast of Vancouver Island, through the Juan de Fuca strait, past Victoria and into oil refineries in 

Cherry Point and Anacortes in Washington state



TANKER MAPS: Tracking where oil tankers

D2Ybx5iUcAAfTVd.jpg
Set aside the political argument for buying the 

Kinder Morgan pipeline and you’re left with a deal that makes no business sense to Canadians .

(The pipeline is 67 years old.) 

Without so much as a basic cost-benefit analysis,

Prime Minister Justin Trudeau
 Spend C$4.5bn (US$3.45bn) Plus
To purchase
Kinder Morgan’s Trans Mountain Pipeline
The existing 300,000 barrel per day pipeline

 Export Development Canada’s administration of a nearly
 $5 billion loan to support the government’s controversial purchase and operation of the 

Trans Mountain pipeline a 67-year-old infrastructure

Kinder Morgan estimates the useful life of its pipelines at
30 to 64 years

According to Kinder Morgan’s financial statements.

Kinder Morgan pipeline is not worth much more than
$1 billion,

 It's all because Obama administration halted construction on 

The remainder of the Keystone XL pipeline

A 800,000 barrels a day pipeline of crude to

 Terminals on the Gulf Coast.

Arguing approval would compromise America’s effort to reduce its greenhouse gas emissions.

Prime Minister Justin Trudeau’s repeated claims
that the pipeline was essential for Canada’s future.

Declaring the Trans Mountain pipeline was a matter of national interest

The Pipeline has everything to do with enriching

U.S-.based refineries with no value added in Canada.

Economist Robyn Allan told DeSmog Canada. 

“Virtually no exports go to any markets other than the U.S.,”

Most of it at a very steep discount

96% of Canada’s oil exports go to the U.S.

Canada's Problem Isn’t Pipelines

‘Essentially we are giving oil away for a free

If this does not end Canada will be the next Venezuela

This Pipeline will only make Canada's problem worst 

Oil will only go South to

U.S. refineries with no value added in Canada.

This is why

Alberta

The Five Big Canadian Companies

Suncor, CNRL, Cenovus, Husky and Imperial 

 Together they now control almost 

80 per cent of bitumen production

British Columbia

(Parkland, Suncor, Imperial Oil and Shell)

 Control approximately 90 per cent of the 

Market in Southern B.C. 

Therefore, the wholesale gasoline and diesel market is an oligopoly.”

These companies control all 15 primary storage terminals in the province “and, along with 

Federated Co-op Limited, control all the Bulk Terminals.

 (Bulk terminals handle smaller volumes of fuel supplied by truck.)

BC.Gasoline and Diesel Prices Inquiry said

The companies’ dominance makes it effectively impossible for competitors to enter the market, the report found.

 “This oligopolistic wholesale market has the characteristics of a natural monopoly,” 

We had 100 years of Alberta oil

Canada should be one of the Richest Nations in the World 

In addition to oil.

Canada has many other valuable natural resources 

Here are the world rankings of Canada's natural resources:

Potash, #1

Uranium, #2

Oil, deposit #3 (production #6)

Nickel, #4

Diamond, #5

Salt, #5

Zinc, #6

Gold, #9

Copper, #9

The Canadian budget makes it abundantly clear where its revenues come from

It's not from Canada's natural resources 

Plus Oil giants pay billions less tax in Canada than abroad 

It comes from you

The vast majority comes from you and your personal income taxes.

This is why our Resource-Rich Canadian Government is Always Poor


Today Canada is just teetering on the boundary

Canada's national debt today is hitting 90% of GDP 

Plus a $260 billion bill to clean up Alberta’s oil patch

Today our Current Outstanding Public Debt of Canada is approximate: 

697,735,366,381.26 CDN.

Canada's National Debt

Canada Government Debt to GDP 

Believe it or not

Alberta

It wasn’t until 1973 

That the province tied royalty rates to the volatile price of oil.

  Today Alberta  

Will be $67 billion of debt by the time the 

NDP face voters in 2019

Alberta is on pace to be $96 billion in debt by 2024

Manitoba Hydro's burgeoning debt surpasses $19 billion

This is a dramatics change in fortunes for a province  

That celebrated being debt free 20 years earlier

Alberta: spending more than we really earn, since 1970

Moody's downgrades Alberta's credit rating, 
Citing continued dependence on oil

You know, until we can wean ourselves  off of royalty revenues to fund government operations,

On Friday, unions were told to expect thousands of public sector job cuts.

PLUS

Canada imports 759,000 barrels of oil per day at full market price 

Canada Buys back the oil at Full Market Price 

54 per cent – of all Canadian oil imports come from the USA

Canada is spending billions each year on importing oil

It's the scheme of the century.  

“It's Bankruptcy-for-profit”

The Alberta government collected more

 In gambling and casino revenue

And alcohol Sales

That it did in royalties from oil companies 

Canada will be the next Venezuela

Canada is now Number ONE in the world for Subsidies

Canada subsidized the fossil fuel industry to the tune of almost $60 billion per year— approximately $1,650 per Canadian. 

Canada has one of the World’s lowest oil royalty rate structures .”

The royalties could amount to merely 1 per Cent

In 2015, Barry Rogers of Edmonton-based Rogers Oil and Gas Consulting 

Warned the government that low royalties for bitumen simply encouraged 

The industry to export the heavy oil to
U.S. refineries with no value added in Canada.

That is exactly what they are doing 

It's Bankruptcy in Canada and Incredibly Profitable in USA

The growing discount has cost Alberta’s provincial treasury dearly 

“Preliminary Fiscal Evaluation of Alberta Oil Sand Terms.”

Canada’s non-renewable energy resources 

Are clearly being sold off for ever-decreasing benefit,

Calgary Oil and Gas Execs want to keep it that way this is

Why

They're Backing Scheer

BC. Gasoline and Diesel Prices Inquiry said

Canada oligopolistic wholesale market has the characteristics of a natural monopoly

It's the lack of Competition and Gouging to
Blame for High Gas Prices

 Because of "Air Barrels" 

Alberta is losing billions every year 

To Fight “Air Barrels”  

As Prices Continue To Plunge

The government estimates Alberta is losing

$80 million a day due to this discount,

Industry manipulates the current system.

Alberta will never be able to stop “Air Barrels”

Instead of fixing the problems

Prime Minister Justin Trudeau gives the oil sector $1.6B boost

Plus

Trans Mountain received $320M in government subsidies in first half 2019 

“The Big Five” 

Were performing relatively well 

"incredibly profitable corporations," 

Banking and paying out to shareholders
 $13.5 billion last year.

Alberta vs. Canada? 

 It's Jobs over the Environment

Alberta oil Jobs are backsliding

Only 6 percent of the provincial total now.

Stunning internal documents from Alberta's Energy Regulator estimate the cost to clean up Alberta's oil and gas industry may be $260 billion.

$200 billion more than has been publicly reported

In 100 years this is all that has been Invested in Clean up

For decades, the oil industry denied climate science or that global warming was caused by burning fossil fuels. 

Today, they acknowledge climate change is happening,
 but are doing everything possible behind the scenes to ensure no action is taken, according to InfluenceMap. and everyone in Canada 

This “soft” climate denialism appears to have been embraced by Scheer and the Tories.

Anyone close to industry knows the
Western Sedimentary Basin is virtually empty and conventional companies have been losing money since 2009,

 Transferring low-producing wells to junior companies,
With growing numbers taking what they can and walking away
from clean-up obligations;

Again, our governments continue to turn a blind eye to the contractual clean-up obligations of the oil industry.

 Government and its so-called “arms-length” regulators
(specifically the Alberta Energy Regulator)
have been captured by the industry and the
Orphan Well Association (OWA), largely controlled by the industry,
is now lost in a sea of insolvencies, begging for public money.

Ironically, this lack of foresight, integrity and political will have contributed to distrust and loss of confidence from investors.

Every Man,Woman and Child will be Stuck

 With a $260 billion bill to clean up Alberta’s oil patch

How Big Are Canada’s Oil Sands?

The Alberta Tar Sands have been dubbed the largest 

And most destructive 

Industrial project in human history

Alberta is sweeping the problem under Water

 Tailings Ponds is Worse Than Ever

Oil sands Tailing Ponds Ticking Time Bomb for Canadians

Crazy Days in Alberta: 
The Poison Wells File

The Cleanup bill is greater than the value 

Of the entire oil and gas industry 

‘Hidden danger’:
 Life for farmers atop Alberta’s 400,000 kilometres of pipelines
582px version of InactiveWellsGraph.jpgThe Supreme Court of Canada said

Owners must deal with old oil wells so

The governing Alberta NDP and the official Opposition

Told the provincial legislature Tuesday

Alberta’s oil patch isn’t an emergency now,

Because they now over 70 years to 

Figure out how to clean up their tailings and reclaim the land.

The NDP and the United Conservative Party

Made the statements as they teamed up 

To shut down emergency debate on the issue,

Proposed by Liberal MLA David Swann. 

While Suncor’s mine will close down in 2033,

They have been granted until after 2100 to 

Figure out how to clean up their tailings and reclaim the land.

The NDP. Government of Alberta

Approved a tailings management plan for
Suncor Energy Incorporated, 

The oldest mining company in the Canadian tar sands. 

By approving this plan, 

Suncor will get an additional 70 years after their operations

Shut down to clean up the 

Environmental mess that they have created over
60 years of oil extraction. 

Canada's most shameful environmental secret 

They have been granted until after 2100 to
Figure out how to clean up their tailings and reclaim the land.

 It could take nearly 300 years for the industry to abandon 

All of its wells, let alone clean them up, 

Alberta’s ‘reclaimed’ wells aren’t actually reclaimed: 

Oil and gas companies can receive certificates for site clean up  

It's Automatic Approvals

With the click of a button, 

Tar Sands Oil Extraction - The Dirty Truth


Canada will not be able to live up to its
Paris Agreement obligations for the year 2050.

Canada was just ranked 51st out of 60 countries in the

 2018 Climate Change Performance Index

Weighed down in large part by a certain oily elephant north of Edmonton. 

Bank of Canada listed climate change as a threat to the Canadian economy

Who Dares Name Big Oil the Enemy?

That’s 7 degrees in Canada,

Referring to the fact we’re warming at two times the rate of the rest of the world. 

“That’s catastrophic levels of change in a short period of time.”

This is making Canada the laughing stock of the world

This is not normal':
 Alberta suffered second worst wildfire season on record 

Alberta taxpayers footing bill for delinquent oil and gas companies,

Here’s where Earth stores its carbon

Fuelling the oil sands

Canada Pension Plan investments rely on oil and gas companies overshooting climate targets

OIL SAND TRUTH

Canada subsidized the fossil fuel industry to the tune of almost $60 billion — approximately $1,650 per Canadian.

Today it will cost you to clean up

Alberta's oil patch? $260 billion
$200 billion more than has been publicly reported.

In 100 years only $1.2 billion has been invested in Clean up

The Cleanup bill is greater than the
Value of the entire oil and gas industry

“Canada wants to be a climate champion and"

Canada does not have the money to clean up the oil fields so

Canada is sweeping the problem under Water

Because there is shockingly poor regulatory oversight and lack of ambition on 

Tailings management progress in Alberta,

 Tailings Ponds are Worse Than Ever

National Geographic said
This is the world's most destructive oil operation
And It's growing 

This comes just as a new report out from the

Global Gas and Oil Network found that 

Canada is second only to the United States in planned expansion

Of the oil and gas industry.

“New oil and gas development in Canada between now and 2050

 could unlock an additional 25 [gigatonnes of carbon dioxide],

 More than doubling cumulative emissions from the sector,” the report found.

This is due to an
Alberta policy unique in North America. 

Companies have no deadlines to clean up abandoned wells.

Oil sands waste is collected in sprawling toxic ponds.

To clean them up, oil companies plan to pour water on them

“It’s biologically and chemically an impossible fantasy,” said

David Schindler, a former University of Alberta professor
 and renowned freshwater scientist and officer of the
 Order of Canada. 

Water capping will return land to a natural state is a  “impossible fantasy.”

Two Alberta courts previously ruled that private creditors of bankrupt 

Redwater Energy Corp. 

Were first in line for liquidated assets, 

Ahead of its obligation to pay for environmental cleanup.

This is the problem of taxpayers and Landowners.

The oil and gas companies aren’t setting aside the money to clean up 

Their own Mess

Guess who is going to pay for it?  

You guessed it: The rest of us so

The Cost of Government Debt in Canada, 2017

In 1974 the Basel Committee was established by the central-bank

 Governors of the Group of Ten countries of the member central banks of the

 Bank for International Settlements (BIS), which included Canada. 

A key objective of the Committee was and is to maintain
“monetary and financial stability.” 

To achieve that goal,

 The Committee discouraged borrowing from
A nation’s own central bank interest-free

 And encouraged borrowing from private creditors,

 All in the name of “maintaining the stability of the currency.”

Our Current Outstanding Public Debt of Canada is approximate:

$629,572,079,450.28 CDN.

Rather than creating money through the Bank of Canada interest-free.

Canadian taxpayers have paid one trillion, 

($1,100,000,000,000) in interest on the federal debt to private lenders.

 This accumulated debt was monies borrowed to service the debt,

Essentially a payment of interest on interest 

To understand how ridiculous the present situation is,

Consider the 1993 Auditor General of Canada report 

(Section 5.41)3 which states:

This “subsidy” to the private lenders must end.

The solution to this problem is simply for the government to stop borrowing
money from private lenders at interest and borrow from the
Bank of Canada at no interest. 

The private banks should also be prevented from creating money. 

That right should be returned to the People of Canada 

Through the Bank of Canada.



This is one reason why Canada is the next Argentina

The Government and the Oil industry has good reason to be alarmed. 


Young People Will Vote 









We had 100 years of Alberta oil Econ...