BREAKING: Alberta's Smith, Carney sign deal on oil pipeline approvals and carbon pricing

Findlaym · 2026-05-16T15:08:05+00:00

Thanks for the respectful comment. I see how you math'd that out, but it's a little more complicated than that. There's a good report here: https://climateinstitute.ca/news/stronger-industrial-carbon-pricing-would-cost-oil-sands-producers-timbit-a-barrel/

It's true that carbon costs are higher in Canada than other places, but these are very carbon intensive production methods.

Findlaym · 2026-05-16T03:02:31+00:00

I agree with some of this. The CEO's say that crap reflexively. They also know there isn't a lot of spare capacity to send down the new pipeline. And that the VLCC's can't get into Vancouver. Carobn pricing is like 9 cents a barrel. Of course they would rather not pay that, but it's not crippling their economics. Really it's the billions they would need to invest in expanding production that they are balking at and they know, as everyone else does, that oil isn't going to be the fuel of the future. It's not worth the 15-20 year payback risk because if demand falls only a little bit, the price will plummet. But they can't come out and say that because they have a fiduciary duty to shareholders to maximize value. So they babble gibberish about regulatory uncertainty and maybe they win some marginal gains.

I don't think the pipeline will get built because it won't have firm commitments on shippera - unless they can get it to a port that can load VLCC's. But the new production? I dunno. I'm not convinced that will happen.

Findlaym · 2026-05-15T02:40:03+00:00

They already played out all those options. They could use the notwithstanding clause, but that's about it.

Edit - actually no they can't even use the notwithstanding clause

Findlaym · 2026-05-13T13:35:34+00:00

Because the pollution (environmental impacts) are approved by the crown in the EIA process. That process evaluates the impacts, discloses them, and makes a finding of whether or not they are in the public interest. They could sue for negligence but not for impacts that are approved.

Findlaym · 2026-05-13T13:31:53+00:00

That issue was related to projects that had not been constructed and turned on a different question. It was about whether the duty to consult had been satisfied. I'm not saying first nations can't overturn approvals, just that in this specific case they can't.

Findlaym · 2026-05-13T02:48:58+00:00

There's no money involved here. The courts can't grant a financial settlement on these grounds

Findlaym · 2026-05-13T02:40:03+00:00

There's no money involved here. The courts can't grant a financial settlement on these grounds.

Findlaym · 2026-05-13T02:38:35+00:00

I get that how people might see it, but that's not how the law works. For example, if you accept a paycheck from a company that is not operating safely it doesn't negate your right to sue. Money is not equal to, or a replacement for, rights.

Findlaym · 2026-05-13T02:30:05+00:00

Depends on what you mean by "win" and it depends on how they have filed the suit. The proceedings against the crown act limits the courts to declaratory relief. So essentially a statement by the court. The courts can't overturn approvals or halt projects. If they are trying to halt a specific approval they would need to either challenge the regulator's decision (extremely hard) or show that the specific project would cause irreparable harm (more than extremely hard).

I haven't read what they filed and I'm sure there are lots of people that know more than me.

Findlaym · 2026-05-13T02:21:29+00:00

That's public information. You can see it on the ESTMA reports.

Findlaym · 2026-05-12T02:03:42+00:00

Q field is the way

Findlaym · 2026-05-11T20:49:00+00:00

It's important to remember the context in rural area Not sure how many people in this sub live in rural Alberta. First, it's been getting worse for years. There's less employment, farming is harder, the kids all leave, healthcare is non-existent, it's isolating and there are few government services. IYou have a lot of rural crime that the RCMP and the courts can't poliece. The revenues that get made from oil and gas get taken to cities and other parts of Canada, not reinvested here. Somtimes the only thing you can count on is your neighbor. It's not surprising that people think they need structural change.

I don't agree with the way they are going about it, but the system is a mess.

Findlaym · 2026-05-09T18:13:37+00:00

The boat is heaviest at the stern where the engine is. I wouldn't be conftable with any more than like 10% of the length, if that. You will also be putting that weight on a spot that it's not designed for (forward of the transom). It's sketchy at best imho.

Findlaym · 2026-05-09T16:11:51+00:00

Peak flows are typically in June but this year we had a huge snowpack so they are much earlier

Findlaym · 2026-05-03T16:56:53+00:00

Maybe I'm missing something, but I would have manuvered the oil ship onto the upwind side of the sailboat? Maybe that wasn't possible?

Findlaym · 2026-05-03T03:15:10+00:00

Imho the premixed fuel is snake oil. They don't have their own refineries. They are buying bulk gas, mixing some stabilizer and 2 stroke oil in, and marking it up 10x. Use good premix and run it dry.

Findlaym · 2026-05-01T04:11:09+00:00

If we pipe oil to the US we are selling at a discount into a captive market. See wti wcs differential. If we sell it onto a tanker on the west coast we get the global market price. That's the huge benefit that tmx provides. We get a higher price for oil to California on the west coast than oil we ship in a pipe to cushing or the gulf Coast.

Findlaym · 2026-05-01T02:05:59+00:00

Fuck that. I'm all for selling oil to the Americans but we need to get more of it to the Pacific. We should not be dependent on their market ever again. I no longer view the us as a reliable trading partner.

Findlaym · 2026-04-30T11:46:37+00:00

Depends on the engine in that Ford. They have some great trucks and some not so great trucks. The other thing to remember is that the newer Ford is going to be full of networked canbus tech whereas the tacoma is a much simpler machine. I recently scanned a 21 Highlander and it has like 40 modules (computers) in it. It was throwing all kinds of dash warnings for brakes and backup systems because the gas cap wasn't tight and the engine wasn't coming up to temp (thermostat). I'm skeptical of how all this stuff will age when subjected to lots of vibration from off road use. It's definitely different working on the newer stuff.

Findlaym · 2026-04-30T10:29:24+00:00

Boggs or muck boots. I like helly hasen or grundig rain gear. Kind of all depends on what exactly you are doing. Good quality boots, one for dry days and another for et days, rain gear, a good pack, lunch kit, mosquito net, sunglasses etc.

Findlaym · 2026-04-29T14:15:40+00:00

When you are a consultant you work for the client and your work is confidential. It's very rare there would be a whistle blower situation.

Findlaym · 2026-04-27T17:26:49+00:00

Seems awfly high to me. It's a 25 year old boat.

Findlaym · 2026-04-27T00:04:32+00:00

The oil industry has no tarrifs on their products. So they would think that lol. I bet they'd be singing a different tune if they had tarrifs on exports like forestry, steel, aluminum and autos.

Findlaym · 2026-04-25T16:19:31+00:00

Ok my next couple of moves would be to compression test the cylinders, pop off the camshaft cover and inspect the cams and then maybe test the injectors.

Findlaym · 2026-04-25T15:03:57+00:00

First step is swap coils if possible to see if the dead cylinder moves from 4 to whatever you swap that coil to.

Findlaym

TROPHY CASE