<![CDATA[Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/]]>Canada to release additional 140K barrels of oil per day starting in April
https://globalnews.ca/news/11731814/canada-oil-production-increase/

]]>https://board.circlewithadot.net/topic/682961e7-8f72-4f5b-8c6a-0e01079ca00d/canada-to-release-additional-140k-barrels-of-oil-per-day-starting-in-aprilhttps-globalnews.ca-news-11731814-canada-oil-production-increaseRSS for NodeMon, 06 Apr 2026 06:27:01 GMTMon, 16 Mar 2026 02:00:49 GMT60<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 04:20:38 GMT]]>@pinhman @dyckron I think that number is the wellhead price, before shipping to a refinery and being broken up into fractions like gasoline, kerosene, bunker C and so on.
You'd have to multiply your 28¢ by the number of unrefined litres that need to be processed to get a litre of gasoline.

]]>https://board.circlewithadot.net/post/https://mstdn.ca/users/samloonie/statuses/116236932764791795https://board.circlewithadot.net/post/https://mstdn.ca/users/samloonie/statuses/116236932764791795Mon, 16 Mar 2026 04:20:38 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 04:10:18 GMT]]>@VE2UWY @dyckron Yes I know there are refinery costs & inefficiencies.

I'm trying to make the point that the price of oil offered to end consumers is tied to speculation, not production costs.

this is never spoken of in the news, like it is some unfathamable problem.

]]>https://board.circlewithadot.net/post/https://mstdn.ca/users/pinhman/statuses/116236892163936232https://board.circlewithadot.net/post/https://mstdn.ca/users/pinhman/statuses/116236892163936232Mon, 16 Mar 2026 04:10:18 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 03:48:46 GMT]]>@pinhman @dyckron

Well, no 1 bbl oil != 1 bbl gasoline. More like 1/2 bbl or 80 L ends up in your tank And you gotta work at it to get usable gasoline (and Diesel and lubricants and …).

]]>https://board.circlewithadot.net/post/https://mastodon.radio/users/VE2UWY/statuses/116236807489572983https://board.circlewithadot.net/post/https://mastodon.radio/users/VE2UWY/statuses/116236807489572983Mon, 16 Mar 2026 03:48:46 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:32:59 GMT]]>@dyckron Hmm A barrel is ~ 158 L. Break even costs for Canadian producers is between $40 and $45 per barrel.

45/158 is .285

I don’t think we’ll see gas at 28 cents a litre, or even a $1 a litre.

The big unanswered question for Canadian politicians is why?

Our oil is used to enrich speculators …

reuters.com

favicon

(www.reuters.com)

]]>https://board.circlewithadot.net/post/https://mstdn.ca/users/pinhman/statuses/116236509477944031https://board.circlewithadot.net/post/https://mstdn.ca/users/pinhman/statuses/116236509477944031Mon, 16 Mar 2026 02:32:59 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:27:55 GMT]]>@SnowyCA
It's all good. Serves the same purpose.
@dyckron

]]>https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236489524209765https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236489524209765Mon, 16 Mar 2026 02:27:55 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:27:10 GMT]]>@gemlog
I'm Not here to correct you.
'Checking" = "Wait a second, I thought that person's opinion was ______ but now has it changed? I need to check in and ask"

@dyckron

]]>https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236486592006414https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236486592006414Mon, 16 Mar 2026 02:27:10 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:22:57 GMT]]>@SnowyCA
I guess maybe we haven't been talking for all that long really. Fair.
You may keep checking on me.
And, come to think of it, what if it was something that I hadn't thought to check myself?
What if, I had some unexamined opinion from my youth that I was harbouring that I was unwittingly still promoting out of ignorance?
What if that?
So. You, snowy, do keep checking on me please, because I need you to do that. Thank you.
@dyckron

]]>https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236470017123214https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236470017123214Mon, 16 Mar 2026 02:22:57 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:18:16 GMT]]>@gemlog I felt compelled to check....🤭

@dyckron

]]>https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236451583335996https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236451583335996Mon, 16 Mar 2026 02:18:16 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:17:25 GMT]]>@SnowyCA
I was speaking to the price of oil and the easing by releasing stocks - which has not worked.
Re the environment - yeah! Shutting down production in the gulf and raising the price of petrol globally is wonderful! Of course!
Do you not know me by now?
@dyckron

]]>https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236448242660195https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236448242660195Mon, 16 Mar 2026 02:17:25 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:15:28 GMT]]>@gemlog The environment might disagree.
@dyckron

]]>https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236440609478689https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236440609478689Mon, 16 Mar 2026 02:15:28 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:13:55 GMT]]>@SnowyCA
Because hundreds of millions of barrels have already been released from stocks and it made no difference.

@dyckron

]]>https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236434533953841https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236434533953841Mon, 16 Mar 2026 02:13:55 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:13:11 GMT]]>@gemlog why not?@dyckron

]]>https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236431602023743https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236431602023743Mon, 16 Mar 2026 02:13:11 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:09:25 GMT]]>@SnowyCA

I don't think it will make any difference.

@dyckron

]]>https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236416839513329https://board.circlewithadot.net/post/https://tilde.zone/users/gemlog/statuses/116236416839513329Mon, 16 Mar 2026 02:09:25 GMT<![CDATA[Reply to Canada to release additional 140K barrels of oil per day starting in Aprilhttps://globalnews.ca/news/11731814/canada-oil-production-increase/ on Mon, 16 Mar 2026 02:07:40 GMT]]>@dyckron 😒 😬 ☹️

]]>https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236409916795092https://board.circlewithadot.net/post/https://social.vivaldi.net/users/SnowyCA/statuses/116236409916795092Mon, 16 Mar 2026 02:07:40 GMT