Recent content by WAB

I actually don’t think that they are hitting the highest impact targets in the refinery. I would have thought that they would have someone with some expertise in the area helping them with their targeting decisions.

They took out the crude unit inclusive of desalter and distillation along with some storage tanks. Tanks are easy, probably days or weeks to reconfigure piping to work around lost storage. The crude unit, if completely gone, is likely 12 to 18 months if you replace everything in kind with...

I also have to say that bistecca alla fiorentina is an amazing dish. The estate we hunted on in Italy was an important breeder of chianina cattle, the oldest breed of cattle in the world, and the only acceptable meat for this dish. Although I’ve had it in fine restaurants in Florence, having...

You likely had Ontario beef, which is fine, but no different than what you get in the USA. If you want the best steak in NA, for my money you have to go to western Canada and get barley finished beef. To my mind, the best steak in western Canada is the ribeye at Caesar’s in Calgary. I have...

Argentina has excellent steak. IMO their beef is better than Brazil, although Brazil is probably better known for their beef. A challenge that US steakhouses have is corn finished beef. I think that gives western Canada an edge over the US as they use a lot of barley when they are finishing...

The keg in Calgary is pretty darn good, but it’s not the best in that town. IMO the ribeye at Caesar’s is the best steak in Calgary.

The French and the Canadians have both done an excellent job with nukes. The USA has a horrible approach to civilian nuclear and Trump is signaling that he would like to make it worse. The thought of package nuclear generation in data centers is terrifying.

Agree completely. High profits attract competition which lowers prices. Economics appears to be lost on politicians, and those they so easily manipulate.

Even with skull mounts, a man eventually runs out of room for more buffalo.

The only cure for buffalo hunting is buffalo hunting. I was hunting buffalo every year for a while. Thankfully, for the sake of my bank account, I’m not as mad at them as I once was.

Funny thing is Trump knows all this. So what is it he doesn’t want you paying attention to while he gets you fired up over a nothing burger?

I know these sound like big numbers to you, but they have to be looked at in the context of the investment that has to be made to capture them. RONA for these companies is typically in the 8 to 10 percent range. For every good year there are one or two marginal years. Years ago I was...

Do you have any interest in facts, or do you just like riding popular bandwagons? If you are interested in facts, look at the long term returns of the companies you are so quick to vilify. They are publicly traded, there are no secrets. My guess is that you would be unhappy with the returns...

What a load of crap. The market set the oil price, not the oil companies. Idiot politicians roll this issue out to deflect attention. Show me one time when this distraction has ever shown substance. You can’t, because it hasn’t.

Thanks. It looks like the right solution for my application.