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Rich Diaz

πŸ‘€ Speaker
934 total appearances

Appearances Over Time

Podcast Appearances

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Problem is when one of the goods they import is obviously energy and energy goes up a lot, it really screws with their numbers.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And potatoes as well.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Potatoes are going up.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

But anyway, so I don't want people to say like, oh, the UK is completely, totally screwed up.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

They know what they need to do.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

There's just no political will to do it.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Now that you put me on the spot, I've forgotten them all.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

But I mean, the real issue is that, you know, we think of these processes as discrete, but they're not.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

They're continuous.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Like when you open a wellhead, you know, you spend a lot of money doing that.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

You spend all your refining.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

You know, you have an entire refinery.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Some of these refineries, by the way, are so cool and so big.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Yeah.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And they're all they're running 24 hours a day producing.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So they have to extract oil from the ground.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Then you refine it and you ship it.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And I guess the long story short is you cannot just it's not like a light switch.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

You can't just turn it on and turn off.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

You have it takes years and years to sort of.