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Canadian Expansion Oil To Asia Moving Ahead/Update

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Canadian Expansion Oil To Asia Moving Ahead/Update

Unread postby deMolay » Sun 03 Jan 2010, 10:29:07

With China and Korea buying into Alberta and eventually Sasketchewan Oil Sands a lot of production could be going to the BC coast for shipment to Asia. With the proposed Gateway Pipeline to Kitimat and expansion of the existing pipeline to the Port of Vancouver a continental shift in movement of Alberta's crude oil is underway. CN Rail also has a plan to ship crude via rail which they claim can take up to 4M barrels a day cheaper than pipelines in the works. Rail lines already exist to Port of Vancouver and the west coast deep water port at Prince Rupert and Kitimat. Two of the best deep water ports in North America and both about 2 full days closer to Asia than any other ports in North America. http://www.vancouversun.com/business/ex ... story.html
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Canadian Expansion Oil To Asia Moving Ahead/Update

Unread postby deMolay » Sun 03 Jan 2010, 10:31:53

ReDrawing Continental North American Oil Movement. Pipeline Wars heat up in Canada. http://www.theglobeandmail.com/globe-in ... le1416788/
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Canadian Expansion Oil To Asia Moving Ahead/Update

Unread postby deMolay » Sun 03 Jan 2010, 10:33:20

You can read about moving Alberta Crude by rail here and the cost comparison between pipeline versus rail. http://www.choa.ab.ca/pdf/090430BC-SlidesALTEX.pdf
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Canadian Expansion Oil To Asia Moving Ahead/Update

Unread postby deMolay » Sun 03 Jan 2010, 10:33:53

You can read about CN's plan to move 4 million barrels a day of Alberta Oil via Rail Car here. http://www.financialpost.com/news-secto ... id=1479470
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Canadian Expansion Oil To Asia Moving Ahead/Update

Unread postby deMolay » Sun 03 Jan 2010, 10:34:40

Here is the Gateway Pipeline Plan to Kitimat for Alberta and eventually Sask. Oil for Asia. http://www.canada.com/edmontonjournal/n ... =37384&p=1
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Canadian Expansion Oil To Asia Moving Ahead/Update

Unread postby deMolay » Sun 03 Jan 2010, 15:29:46

China Dives Into Oil Sands. http://www.nationalpost.com/opinion/col ... 7f77a30ed5
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