The Suncor Energy and Canadian Oil Sands Resources Group is designed to be an information and educational center for the Canadian oil sands industry, and in particular for Suncor Energy. The oil sands industry will play an increasing role in what is left of the world’s petroleum resources as conventional sources of oil fall victim to “Peak Oil” and depletion.
Membership will generally be open to anyone who wishes to learn about and/or contribute to group topics.
See message 922 for photo description.
A worrisome long term problem was revealed on Oct. 25, 2007 when the Alberta government announced that they intend to change the royalty/taxation rules in the middle of the game. This decision is sending the following message to the business community:
1) “If you take a risk and lose, it's your problem.”
2) “If you take a risk and win, we will change the rules and take your winnings away from you.”
As Don Coxe pointed out in his Oct. 26, 2007 webcast, the Alberta government has gone back on its word and Alberta is “no longer a politically secure area”.
General Ground Rules
Messages pertaining to and links about Suncor Energy, the oil sands industry, and “Peak Oil” will be of primary interest and are most welcome.
Information about fossil fuels and/or energy in general will also be welcome as long as the posting limit is not threatened.
Limited discussions involving “Off Track” topics will be tolerated.
Political discussions including elections, public individuals, religious topics, derogatory remarks about members, foul language, and/or other messages that detract from the purpose of the group will be strongly discouraged.
Spam
In an effort to reduce spam postings, anyone who tries to join the group without posting a full Yahoo profile will not be allowed to join. If a member posts Spam messages, they will be deleted as/when posted, and the member will be removed.
... Note the time frame in Gail's article. She is using decades for things to come apart. The problem is that we are losing our energy profit margin from cheap
Gail Tverberg is a frequent and knowledgeable poster on The Oil Drum. She has a pretty good record for calling major events ahead of time. For example, check
I have invested substantial % in WILLIAMS PARTNERS LP(NYSE: WPZ) This is an MLP that has tripled since the March lows. Williams is the largest US pipeline Co.