I will believe the Saudis don't see any upcoming problems with Ghawar when they cancel one of their projects due to low oil prices. If they continue to be full steam ahead with increasing their capacity then I think they are aware that Ghawar may not be as robust in 5 years time as they would like us to believe.
Joined: Jun 20, 2008 Posts: 67 Location: Quebec/Ottawa, Canada
Posted: Fri Jul 04, 2008 12:09 am Post subject: Re: USA vs Canada National Gas Temperature Map
Interesting.
There's a lot higher resolution on the US map. Northern Canadian (and Alaska) communities pay a lot more to have fuel transported there.
For Canadian map at least, I think a lot of the difference is on provincial borders due to different taxes. You do see some higher prices in northern Ontario though.
Montreal should be red. It's hard to tell if it is on the Canada map.
Joined: Oct 23, 2004 Posts: 5928 Location: New Jersey
Posted: Fri Jul 04, 2008 8:41 pm Post subject: Re: USA vs Canada National Gas Temperature Map
mobil1 wrote:
Interesting.
There's a lot higher resolution on the US map. Northern Canadian (and Alaska) communities pay a lot more to have fuel transported there.
For Canadian map at least, I think a lot of the difference is on provincial borders due to different taxes. You do see some higher prices in northern Ontario though.
Montreal should be red. It's hard to tell if it is on the Canada map.
Welcome M1.
Fuel costs a great deal in Alaska. It doesn't sound like a great place to be post PO, unless one is self-sufficient.
Quote:
Oil Fails to Offset Other Costs for Alaskans
Residents Struggle To Pay for Essentials Despite Crude's Rise
By JIM CARLTON
July 5, 2008
KENAI, Alaska -- Soaring oil prices are bringing a gusher of new revenue to Alaska. But for most Alaskans, the new riches won't pay for the rising cost of everything else.
Some of the areas hardest-hit by the fuel costs are Alaska's predominantly native villages, where home-heating-oil prices have more than doubled over the past year to as much as $8 a gallon -- roughly twice the price in the rest of the U.S., where prices have also roughly doubled. Some village residents are now paying 47% of their income for home energy, up from 16% in 2000, according to a study released this month by the University of Alaska's Institute of Social and Economic Research. That compares with Alaska's median of 4.7% of income and a U.S. average of about 3%.
Fuel prices are higher in many villages because poor roads force them to barge goods in, and the barging itself burns ever-more-costly fuel. Steve Colt, associate professor of economics at the University of Alaska in Anchorage, says rising fuel costs are likely to accelerate a trend of villages losing population to larger cities in the state.
Oil prices may limit travel options in many parts of the state, where many towns are situated on islands and up rivers, inaccessible by road. The Inter-Island Ferry Authority, which sails between cities such as Ketchikan and Hollis in southeast Alaska, may have to curtail operations because of a 78% rise in diesel-fuel costs over the past year, says Bruce Jones, the authority's general manager.
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