Wfp source – own photos, Polysar, Suncor 1 OIL INDUSTRY – THE BIG PICTURE Prepared by Walter F. Petryschuk
wfp 2 Sequence Global Picture Canada Positioning North America Pipelines Natural Gas – Fracking Bowman Centre – SABER Project
Oil is POWER Big POWER... Ted Sorenson, Washington Post
4 wfp source - EIA WORLD PETROLEUM PRODUCTION 90 MILLION Barrels per Day
wfp source - EIA 5 GLOBAL OIL PRODUCTION – WHERE? 27 Million Barrels per Day 3.8 Million
wfp source - EIA 6 OIL CONSUMPTION GLOBAL Ranking 2012 M BPD
Wfp source - EIA Canada 0.6 MBPD; $26 B
Wfp source - EIA
PETROLEUM PRODUCTION - NORTH AMERICA - wfp source - EIA 10 Growing at RATE of 1 M BBL/Day/ YEAR
wfp source - MA 11 NEW Sources of Oil Canada and USA by 2020 BBL/Day + 1,800,000
wfp source - NEB
WHY is exporting oil and bitumen an issue? wfp souce - Aung Oo 13 VALUE Crude1 Gasoline, Diesel, fuels2 Petrochemical processed products 8
wfp
wfp source - StatsCan Billions BBL/Year
Canada’s EXPORTS wfp source - EIA 16 CRUDE and BITUMENREFINED PRODUCTS
17 Case for Refining in Canada wfp
to Gulf Coast Keystone XL Pipeline TransCanada Expansion of 2680 km. 830,000 BBL/Day wfp source - TRP 19 Note: TCPL has 24,000 Km. of gas lines in Alberta
Wfp source – TRP 20 to Eastern Canada ENERGY EAST PIPELINE TransCanada 4,600-kilometre pipeline 1.1-million barrels per day Sarnia END START
Wfp source – enbridge 21 to CENTRAL Canada Enbridge Network
Central and Eastern Canada REFINING Existing Ontario ,000 Barrels /day Plus a Lubricants Plant Quebec ,000 Barrels /day New Brunswick 300,000 Barrels /day Newfoundland/Labrador 115,000 Barrels /day wfp source – internet maps 22
TRANSPORT by RAIL FROM ALBERTA ToCost approx. $/BBL EASTERN CANADA GULF COAST USA WEST COAST wfp – source – Globe and Mail
TRANSPORT by RAIL wfp – source - MarO 24 FromToCost approx. $/BBL North Dakota (pipeline)Chicago 5 North Dakota (rail/barge) Texas Gulf 16 North Dakota (rail)USA East Coast 17 Texas Gulf (tanker) USA East Coast 10
wfp source – Argus Media 2012 $/mbtu 25
Fracking – What is this? wfp 4 Metal Casings 3 Cement Casings
wfp 28 The BOWMAN CENTRE
wfp 29 The BOWMAN CENTRE 2 BOOKS – Strategic Basis 3 Projects with Canadian Academy of Engineering and Alberta Innovates, Energy and Environmental Solutions
wfp 30 The BOWMAN CENTRE 2 CASES assessed 100,000 Barrels per Day bitumen Investment Cost = $ Billion Maximizes Petrochemicals and Low Sulphur Diesel
wfp Dr. Andrew Leach..... Economist University of Alberta Mr. Jeffrey Simpson.. National Affairs Columnist, Globe and Mail Dr. Jim Stanford Economist, Unifor The BOWMAN CENTRE Next Local Event The BIG Debate Canada’s Oil Future NOW Refine it or Sell it? Mr. Don Wood Project Manager Debate – May 5 SABER PROJECT – May 6
wfp 32 Role of Ontario Government Green Act – Hydrocarbons not considered Premier Wynne recently …….. “climate-change talks should be done separately – as part of a broader Canadian Energy Strategy … from discussions over Energy East ” Clem Bowman and I are meeting with Cabinet Members …. 2 nd meeting scheduled March 6
wfp 33 Wish us Good Fortune and Lots of Luck! The END