Saturday , July 31 2021

Notley helps suck Ottawa, like automobile shopping crossing the eyes of the province



After the ceremony, Minister Justin Trudeau is in Calgary, Alta, on Thursday, November 22, 2018.

Jeff McIntosh / The Canadian Press

The Alberta government is attracting Ottawa's aid to attracting a shoreline of oil-borne oil from the province, but Prime Minister Justin Trudeau has not offered immediate help as the industry has said "the crisis", as prices have dropped.

Alberta Premier Rachel Notley has said that her government will continue and buy rail cars, if necessary, a good business case to promote oil transportation. The empty space in the oceans does not endorse Alberta oil.

"If Ottawa does not go to the table, then we will do it with ourselves," he said Thursday morning.

It continues under the Story ad

Notley proposes a three-year plan for Ottawa and Albert to buy and operate cars for sale of surplus oil. The plan would cost $ 3 million and would increase 120,000 and 140,000 barrels per day oil capacity.

Later, at a luncheon of Commerce in Calgary, Mr. Trudeau said that the rise in price of oil in Alberta is "unacceptable" and that "the status quo can not continue." But when more oil was required to move on the rails, the 11 heads of the listener listened to 11 ideas from the makers and "complex" market issues.

Only applause was applauded for the business people. Outside the center of lunch, 800 pro-energetic demonstrations closed a block of the city with "pipelines now" and "pipe filling".

Mr. Trudeau's visit led to the tax cuts of the federal government, but nothing happened to the oil business. The heavy crude oil prices have had fractures in the capacity of the pipes and refineries with small temporary closures. Price is expected to recover in spring, but Notley and Trudeau have said the Canadian economy has lost $ 80 million a day. While the industry is hurting, it is divided: many oil producers want the government of Alberta wanting to cut production, and others oppose the idea.

In the morning speech at the oil drill company Calgary Petroleum Club, Notley said Ottawa was obliged to offer Alberdian support in his fiscal update.

"There are a lot of people here to say that they would forgive me." Geez, although this type of crisis has occurred in Ontario's manufacturing center, we are surely going to get into the first two paragraphs. tax update, "he said.

Mr Trudeau has stated that the main priority industry is a new gas pipeline. "I bought a pipe," Ottawa said, buying Trans Mountain project in May, saying the government was working "to ensure that the pipeline was built properly."

It continues under the Story ad

PM spoke to his government in Alberta: "This is a very crisis."

Canadian oil production grew 7.5% annually from 4.3 million barrels to 2017, four million in 2017. Up to a maximum of around 160,000 barrels per day is a heavy oil that is less than quality and always less than a reference to North America. But this fall, prices have fallen sharply. More oil is moving on trains – The National Energy Council delivered 270,000 barrels of day-to-day rail to the United States every September, a year ago twice a year.

The two main Canadian railways are moving more oil this year. However, the number of crews and locomotives and track space are limited. The national congestion of the Canadian National Railway SL is recovering this year, due to the increase in freight and the lack of personnel and engines.

"In future, we are interested in discussing all the issues with the interested parties and government as a solution that could be part of the Canadian oil marketing solution," said CN in e-mail.

A spokeswoman for Canadian Pacific Railway SL does not mean.

Mrs. Notley's proposal would come to a year-long plan for three years. Ottawa does not accept the idea, partly because a new channel space is expected at the same time, and other negative factors are predicted.

It continues under the Story ad

On Thursday afternoon, Mr. Trudeau Suncor Energy Inc. and Cenovus Energy Inc. Managing Director of the company. Cenovus CEO Alex Pourbaix last week calls the Alberta government to demand productive restrictions. Suncor Energy, which boosts oil prices at its refineries, is the opposite.

Isley Notley said that Alberta was "too fast" with the short term solutions, but on Thursday it talked about the "range of options" in general.

Cenovus, which has reduced the traces of oil, causes provinces to cuts.

"I think it's a possible conclusion that the reduction is probably the only option," said Keith Chiasson, vice president of Cenovus, the undersecretary general, whose job is to get the best price for the company's oil on Thursday.

Mr. Chiasson criticized integrated producers and producers of oil, such as Suncor, and Imperial Oil Ltd. Raw crude prices can have a bigger profit on products, such as gasoline. At Alberta's low oil prices, they are gaining in their refineries.

"The market is broken," Mr. Chiasson said. "The cost-effective integrated producers are Albertans and Canadian taxpayers, the government must take steps to protect Canadian people."

It continues under the Story ad

Jason Kenney, the Conservative Party Leader in the province, said Alberta had to order production cuts. Additionally, the prime minister said "words and no action in sakcharine" on Thursday.

With Eric Atkins's report and Reuters files


Source link