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  • Pipelines much safer than shipping oil by rail, new study says [View news story]
    LMAO - No he is implying everyone should use no oil and starve and freeze to death. As for his leaks claims, they include totally contained minimal quantities that do not amount to anything. As for the leaks that have amounted to something, they have been more than covered by the media and so are well known. As for 80 people dying and 389 being injured directly attributable to pipeline leaks, this is pure BS as the number is actually zero.

    Misinformation from a green about sums it up!!
    Aug 14, 2015. 02:59 PM | 17 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Parliament Approves Bailout Deal [View article]
    Yes but a Toyota, Honda or Hyundai is much more reliable and can be fixed relatively cheaply when need be.
    Aug 14, 2015. 10:02 AM | 4 Likes Like |Link to Comment
  • 'Realeconomik' In The Unpredictable Oil Market [View article]
    With respect to break even, I have seen many reports lately that state statistics like "The Wall Street Journal reports a break-even of $92.50 for Iran.". This is very misleading and incorrect. The high prices mentioned are what is required for these countries to balance their budgets and have nothing to do with the cost of production which for most is under $20 per barrel. As far as budgets are concerned, countries can run deficits for many many years and as well cut spending - as such, I see minimal relevance between budget requirements and pressure to increase oil prices.

    Aug 14, 2015. 09:49 AM | 7 Likes Like |Link to Comment
  • Ontario Energy Board: Energy East pipeline provides only "modest" benefit [View news story]
    What this amounts to is a a report from a left wing, green infiltrated organization. Now you know why Ontario went from paying among the lowest power rates in North America to paying the highest. They pay huge prices for green energy which forces increased rates for consumers and business.
    Aug 13, 2015. 05:08 PM | 2 Likes Like |Link to Comment
  • Canadian election could provide latest reason for delay in Keystone decision [View news story]
    With Obama, any excuse and many that are no excuses at all will do!!!
    Aug 12, 2015. 06:51 PM | 5 Likes Like |Link to Comment
  • Stock Market Top - Are We There Yet? [View article]
    Perhaps the question should be - stock market correction - are we finished yet?
    Aug 12, 2015. 01:23 PM | 1 Like Like |Link to Comment
  • Syncrude faces protection order after great blue herons die at sump pond [View news story]
    Sky scrapers and windmills are the cause of many thousands of dead birds every year and yep you hear nothing about this. 40 birds dead due to an oil sands plant and its a major disaster!!! Wake up people - enough of this scam !!!!!!!!!!!
    Aug 12, 2015. 11:55 AM | 5 Likes Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    Some are making other moves to lower costs and increase profitability.

    This ore from Canada will displace Ore that MT is buying from others. Its very high grade and can be charged into a blast furnace without any further processing (does not have to be pelletized or cintered)

    Aug 12, 2015. 09:28 AM | 1 Like Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    US Steel = that short term thinking that is sinking American industry. Stelco's LEW works was always a money maker until US Steel took it over while Hilton works was the money looser in bad markets. Under US Steel, both plants were money loosing situations from day 1. This had nothing to do with free trade and everything to do with the way the plants were run.
    Aug 12, 2015. 09:11 AM | 1 Like Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    You are again incorrect and post what amounts to a simpleton argument- the US auto industry was destroyed by many factors coming together - among them - poor quality, poor reliability, short term thinking that focused on short term profits over everything else, poor overpriced service from dealerships, an attitude where they could build anything and charge what they wanted and the consumer would pay and yes the unions with their inward looking focus were part of the problem. - just to name a few and further more nothing seems to have changed with the North American 3 - they have learned very little from their pain. As for the so called imports - many are built here with North American labor.
    Aug 12, 2015. 09:06 AM | 1 Like Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    Dumping is not free trade and is not positive for any economy in any way. Fair trade with rules that are followed is a different story and is positive for most economies.
    Aug 11, 2015. 06:31 PM | 9 Likes Like |Link to Comment
  • Chesapeake Is Less Attractive Than Encana [View article]
    Last quarter, the market punished ECA for what I call a "delayed production quarter". Their work in the Permian was front end loaded with a lot of the increased production coming in the 3rd and 4rth quarters. If this holds true, ECA should be producing some very positive results in the up coming quarters. The market was in no mode for negative surprises and although a minor one, ECA shares paid the price for it.

    JMO - Long ECA
    Aug 11, 2015. 09:57 AM | 1 Like Like |Link to Comment
  • Natural Gas - Mispriced, Overlooked, And Poised To Rally [View article]
    The industry has been hurt big time by the self inflicted damage of drilling their brains out and so I suspect that their may be some self restraint this time around. For one thing, the banks are not exactly lining up to finance gas or oil drilling and shareholders after also taking a beating are looking for conservative management. We have LNG plants starting up at the end of this year with more to follow. Yes their is a lot of nat gas in the ground but at these prices, I would be leaning towards seeing increases rather than decreases.
    Aug 10, 2015. 01:35 PM | 5 Likes Like |Link to Comment
  • Oil sands pipeline projects placed in doubt following recent Nexen spill [View news story]
    I am not sure it matters to you but the only reason that that train was carrying oil was due to the lack of way safer pipeline capacity to move that oil.
    Aug 9, 2015. 02:39 PM | 1 Like Like |Link to Comment
  • Upcoming Political Risks For TransCanada Corp And The Keystone XL Pipeline [View article]
    The line just pumped its billionth barrel of oil without any spills - so much for your long winded post. ;-)
    Aug 9, 2015. 02:32 PM | 1 Like Like |Link to Comment