GasBuddy Blog

GasBuddy News Article

votes

Trans Mountain: The other Pacific Pipeline

The Globe and Mail -- It is a sunny Sunday and Vancouver is doing what it does best: looking pretty and post-industrial. Morning lights up the downtown’s glass horizon. A half-dozen scooters rip down the road in a platoon. Cyclists swish past Zipcar lots, kayakers and stand-up paddle surfers ply the waters.

But just a few kilometres away, an oil tanker is preparing to raise anchor and slide into port. Soon, it will open its holds, with a total capacity of 650,000-barrels, to a flush of Alberta oil. After 30 hours of pumping, it will slip away to Long Beach, Calif. Oil tankers are, for now, relatively rare here. A tanker sails into the Vancouver harbour about once a week, docking at the Kinder Morgan-owned Westridge Terminal to accept Alberta crude flowing across the Rockies in the Trans Mountain pipeline.

Read the Full Article

Submitted Aug 05, 2012 By: DebbiePeach

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Trans Mountain: The other Pacific Pipeline	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

BIGOILEATURCRUD Champion Author North Carolina Posts:5,755 Points:1,376,550 Joined:Nov 2008	Message Posted: Aug 6, 2012 5:12:15 AM Ignore BIGOILEATURCRUD Report Abuse "For oil companies such as Cenovus, the destination doesn’t matter. Oil is often sold at the dock, and the price there is the international price, no matter where the crude ends up. To “unlock the value” of Canada’s crude oil, that product has to touch tidewater, says Paul Reimer, senior vice-president of marketing, transportation and power at Cenovus." Yep, the reason crude remains artificially high.
Amplion Champion Author Oregon Posts:6,756 Points:1,862,360 Joined:Sep 2005	Message Posted: Aug 6, 2012 2:57:03 AM Ignore Amplion Report Abuse OK
1WI All-Star Author Appleton Posts:818 Points:274,255 Joined:Jan 2012	Message Posted: Aug 6, 2012 12:19:27 AM Ignore 1WI Report Abuse Okay
dwh724 Champion Author Pittsburgh Posts:1,526 Points:633,200 Joined:Apr 2011	Message Posted: Aug 5, 2012 11:14:40 PM Ignore dwh724 Report Abuse Okay
GasFreeLeaf Champion Author Orange County Posts:1,242 Points:474,725 Joined:Oct 2010	Message Posted: Aug 5, 2012 11:10:22 PM Ignore GasFreeLeaf Report Abuse It could mean a short term, small, price break for California until out bid by the Chinese. The Kinder Morgan background in the dismal long article was not encouraging.
davenles Champion Author Texas Posts:3,191 Points:716,935 Joined:May 2011	Message Posted: Aug 5, 2012 10:24:19 PM Ignore davenles Report Abuse The tankers will be traveling a lot farther in the future.
dwh724 Champion Author Pittsburgh Posts:1,526 Points:633,200 Joined:Apr 2011	Message Posted: Aug 5, 2012 9:58:53 PM Ignore dwh724 Report Abuse Okay
Jeff1944 Champion Author South Dakota Posts:4,227 Points:1,072,755 Joined:Jan 2010	Message Posted: Aug 5, 2012 9:40:50 PM Ignore Jeff1944 Report Abuse Pipelines are more cost effective and safer than unit trains of oil or gas which are extremely more cost effective and safer than a convoy of 18 wheelers carrying the same volume of product. Go pipeline.
bandannaman Champion Author New Jersey Posts:1,849 Points:365,610 Joined:Dec 2010	Message Posted: Aug 5, 2012 7:14:47 PM Ignore bandannaman Report Abuse Pipelines seem to work well.
rcornel All-Star Author San Diego Posts:716 Points:226,460 Joined:Jun 2012	Message Posted: Aug 5, 2012 6:54:20 PM Ignore rcornel Report Abuse Ok
Meowmy Champion Author Florida Posts:1,293 Points:348,105 Joined:Jan 2011	Message Posted: Aug 5, 2012 6:27:32 PM Ignore Meowmy Report Abuse As long as it doesn't spring a leak.
jim3670 Rookie Author Arkansas Posts:50 Points:164,675 Joined:Jun 2012	Message Posted: Aug 5, 2012 6:27:05 PM Ignore jim3670 Report Abuse If they expand this line the crude flowing to the Pacific coast will not be going to California. It will be going to China. China is currently trying to buy Canadian companies/oil reserves. Far better for this oil to come to the US Gulf Coast. Even if US refiners export the products it better we do it than someone else.
jl1rp Champion Author New Hampshire Posts:1,806 Points:355,480 Joined:May 2012	Message Posted: Aug 5, 2012 6:16:38 PM Ignore jl1rp Report Abuse ok read
Mark8601 All-Star Author Bakersfield Posts:913 Points:379,365 Joined:Dec 2011	Message Posted: Aug 5, 2012 5:45:59 PM Ignore Mark8601 Report Abuse I see prices going up to pay for that shipment of oil. Need to rail in North Dakota oil that is cheap!
canfranchiser Veteran Author Riverside Posts:418 Points:394,510 Joined:Sep 2010	Message Posted: Aug 5, 2012 5:40:51 PM Ignore canfranchiser Report Abuse oil isn't worth much if you can't get it to market.
humblepie Champion Author Toledo Posts:34,147 Points:2,369,420 Joined:Mar 2006	Message Posted: Aug 5, 2012 5:36:46 PM Ignore humblepie Report Abuse soon to be beijing bound
djwhit Champion Author Ohio Posts:3,002 Points:1,206,505 Joined:Jul 2009	Message Posted: Aug 5, 2012 5:35:12 PM Ignore djwhit Report Abuse THATS GREAT.......
JagXKR Champion Author British Columbia Posts:3,149 Points:1,089,580 Joined:Dec 2009	Message Posted: Aug 5, 2012 5:32:31 PM Ignore JagXKR Report Abuse They want to twin an existing 50+ year old pipeline. Not a new pipeline like the Northern Gateway so opposition is very hard to muster up.
hatmanOR Sophomore Author Oregon Posts:110 Points:164,235 Joined:Feb 2012	Message Posted: Aug 5, 2012 5:17:59 PM Ignore hatmanOR Report Abuse OK
buckets42 Champion Author New Jersey Posts:1,690 Points:329,550 Joined:Oct 2011	Message Posted: Aug 5, 2012 5:12:42 PM Ignore buckets42 Report Abuse Got to be an expense.
punkin222 Rookie Author Tampa Posts:36 Points:2,455 Joined:Jul 2012	Message Posted: Aug 5, 2012 4:51:05 PM Ignore punkin222 Report Abuse Anywhere they can get it!
menagerie1013 Champion Author San Diego Posts:2,365 Points:688,365 Joined:Apr 2011	Message Posted: Aug 5, 2012 4:50:27 PM Ignore menagerie1013 Report Abuse Once a week is not rare.
ktbaeohana Champion Author Las Vegas Posts:2,301 Points:421,775 Joined:Mar 2010	Message Posted: Aug 5, 2012 4:29:43 PM Ignore ktbaeohana Report Abuse watch and see.
gasmad666 Champion Author Illinois Posts:1,828 Points:390,345 Joined:Mar 2012	Message Posted: Aug 5, 2012 4:11:01 PM Ignore gasmad666 Report Abuse Eventually the oil will go elsewhere