“It Never Gets
Easier for Someone Like me.
I
wish it were different, in
the oil and gas industry!
WE,
ONCE OWNED MOST ALL OF THE WORLD’S MOST SOUGHT AFTER RESOURCES.
WE
STILL EMPLOY, the most environmentally sought after experts in the world, so we
can show people how to do it right, be leading edge--As we are walking people
out the door in droves,
I hope you think about how it's affecting our Employment INSURANCE and eventually, our SOCIAL SERVICE system. I hope you consider how it will
affect your business too - as we all stop spending.
I
hope you think about the thousands upon thousands of proud hard working Canadians who love this country; have supported it through their
money, donations and taxes; such as the Distress Centres, Food
Banks, the Soup kitchens; which would not exist, if the Canadian
Governments-any one of them were doing, even a small portion of the jobs which
thy are EXPECTED TO CARRY OUT-PRUDENTLY, EFFICIENTLY, WITHIN A SUSTAINABLE
BUDGET—AND WITHOUT RUNNING UP A SURPLUSES; which only indicates, Further, that
they are not doing their jobs - you and me, who just work, really
hard and make a decent wage.
You are
so wrong, if you believe those election promises/lies.
Remember
that on Election Day.
A
Brief History of the Petroleum Industry in Canada
The
Canadian petroleum industry developed in parallel with that one of the United
States. The first oil well in Canada was dug by hand (rather than drilled) in
1858 by James Miller Williams near his asphalt plant at Oil Springs, Ontario.
At a depth of 20 metres (66 ft) he struck oil, one year before
"Colonel" Edwin Drake drilled the first oil well in the United States.
Williams later went on to found The Canadian Oil Company which qualified as the world’s
first integrated Oil Company.
However, due to BRITISH and the Canadian
Federal Government
(such as it existed) Ontario’s status as an important oil producer did not last
long. By 1880 Canada was a net importer of oil from the United States.
Because
it was quite different from oil producing regions in the United States of the
Americas, the potential of Alberta as an oil-producing province long went
unrecognised.
The
First Oil Well in Western Canada was drilled in southern Alberta in 1902, but
did not produce for long and served to mislead geologists about the true nature
of Alberta's subsurface geology.
The
Turner Valley oil field was discovered in 1914, and for a time was the biggest
oil field in the
British Empire,
but again it misled geologists about the nature of Alberta's geology. In
Turner Valley, the mistakes oil companies made led to billions of dollars in
damage to the oil field by gas flaring which not only burned billions of dollars’
worth of gas with no immediate market, but destroyed the field's gas drive that
enabled the oil to be produced. The
gas flares in Turner Valley were visible in the sky from Calgary, 50 miles
away. As a result of the highly visible wastage, the Alberta government
launched vigorous political and legal attacks on the Canadian Government And The
Oil Companies That Continued Until 1938.
The
status of Canada as an oil importer from the US suddenly changed in 1947 (two
years before Canadians were allowed to call themselves Canadians) when the Leduc No. 1
well was drilled a short distance south of Edmonton. Geologists FINALLY realised that they had
completely misunderstood the geology of Alberta, and the highly prolific Leduc
oil field of oil was not a unique formation. There were hundreds more Devonian
reef formations like it underneath Alberta, many of them full of oil. There was
no surface indication of their presence, so they had to be found using
reflection seismology.
The
main problem for oil companies (Many Of Which Were, In Fact, Merely Subsidiaries Of
United States Of The Americas Based Or Other International Companies) became
how to sell all the oil they had found rather than buying oil for THEIR
refineries.
Even
though The Canadian Oil Company qualified as the world’s first integrated Oil Company; historically; Due To Canadian Stupidity- a claim
that Canadians did not have enough money and therefore Lacked The Ability To
Develop Their Own Resources-
the United States of the Americas became
by far the world's largest oil producer, and the world oil market was dominated by a small number of
giant multinational (mostly United States of the Americans owned) oil companies
- the so-called Seven Sisters of oil: Standard Oil of New Jersey, alias Exxon (United
States of the Americas.); Standard Oil of New York, alias Mobil (United States
of the Americas/United Kingdom); Standard Oil of California, alias Chevron (United
States of the Americas, Gulf Oil, now part of Chevron (US); Texaco, now part of
Chevron (United States of the Americas); Anglo-Persian Oil Company (United Kingdom);
and Royal Dutch Shell, alias Shell (United Kingdom/Netherlands
Pipelines
were built from Alberta through the Midwestern United States to Ontario and to
the West Coast of BC. Exports to the US increased dramatically.
Global Context
During
the late 1940s, 1950s, 1960s, and early 1970s, the discovery and development of
a large number of giant oil and gas fields outside of the United States by
these and other companies kept the world flooded with cheap oil.
At the same time, global demand
increased
to take advantage of the increased global supply at lower prices. In
particular, North American oil consumption increased faster than North American
production, and the United States of the Americas,
which had previously been a net oil exporter, became a major oil THIEF/importer. In
1970, United States of the Americas oil production unexpectedly peaked and started
to decline,
causing global oil markets to tighten rapidly as the
United States of the Americas started
to import more and more Arab oil.
During
the 1970s, global demand did catch up with global supply and there were two
major oil price shocks, the 1973 oil crisis; and the 1979 oil crisis. The first occurred when
the Organization of Arab Petroleum Exporting Countries, whose
membership consists of the Arab members of the similarly named OPEC, plus
Egypt, Syria, and Tunisia, placed an embargo on oil exports to the United
States of the Americas, the United Kingdom, the Netherlands, Japan, and Canada in retaliation for those
countries' support for Israel during the Yom Kippur War.
Unlike the previous 1967 oil
embargo, which the United States of the Americas had defeated By Dumping Its
Own Production On The World Market At Cut-Rate Prices, this embargo caused
immediate shortages and lineups for gasoline in the importing countries,
particularly the United States of the Americas; Signalling The End Of Decades Of Cheap Oil And
A Change In The Balance Of Power From The Consuming Countries To The Producing
Countries.
FOR THE FIRST TIME IN OIL HISTORY, OIL
PRODUCING COUNTRIES ASSUMED POWER TO CONSIDER, AND SET, THE OIL PRICE
UNILATERALLY, AND INDEPENDENTLY OF THE OIL MAJORS.
Leduc
No. 1 was the discovery well for the first of many large oil fields. As a
consequence of these large finds, cheap and plentiful Alberta oil SOPPOSEDLY produced
a huge surplus of oil on the Canadian Prairies, which had no immediate market; SINCE
THE MAJOR OIL MARKETS WERE IN ONTARIO AND QUEBEC.
In 1949, Imperial Oil (United States
of the Americas) applied to the Canadian Federal
Government (using taxpayer generated monies) to build
the Interprovincial Pipeline to Lake Superior, which allowed IMPERIAL OIL to
supply the Midwestern States (United
States of the Americas). By
1956 the pipeline was extended via Sarnia, Ontario to Toronto and became, at 1,900
miles (3,100 kilometres) the longest oil pipeline in the world.
In the other direction, the Canadian Federal Government
gave approval to build a pipeline west, and in 1953 the750 mile (1,200
kilometres) Trans Mountain Pipeline was built from Edmonton to Vancouver,
British Columbia WITH, OF COURSE, AN EXTENSION TO
SEATTLE, WASHINGTON. And of course, THESE PIPELINES DID MORE TO IMPROVE THE
ENERGY SECURITY OF THE UNITED STATES THAN THAT OF CANADA.
The Canadian Government assumed
that eastern Canada could always import enough oil to meet its needs, AND THAT
IMPORTED OIL WOULD ALWAYS BE CHEAPER THAN DOMESTIC OIL.
DO YOU STILL WONDER WHY THE CANADIAN OIL AND GAS
INDUSTRY IS IN CRISIS?~~Al (Alex-Alexander) D. Girvan.
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