Originally posted by regexcellent
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End Dependence on Foreign Oil!
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"Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy Carter
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End Dependence on Foreign Oil
Oilsands are nuts, you see the size of those trucks! Canoil is pretty good too, especially if you are allergic to soy like my oldest boy.
Watch out for Brazil in coming years. Big oil reserves + Ethanol based infrastructure = Huge Exports and lots of money for Brazil. If I spoke portugese I'd be moving.
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Originally posted by regexcellent View PostWhat do you possibly stand to gain by having a "national oil strategy?" Is it your goal to wind up with government-run monopolies with inefficient, incompetent, and politically motivated management?There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
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Originally posted by Uncle Sparky View PostPetroCanada was a profitable 'crown corporation', which was undermined by the conservative government of Alberta and their corporate sponsors."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
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Originally posted by Asher View PostRedford seems intent on changing that.
The 2012-13 budget predicts a deficit of $886-million this year, with an expected surplus of $5.2-billion by 2014-15, bolstered by $10-billion in additional resource revenues. The Alberta government is acting like this is money already in the bank and increasing spending in a number of areas, most notably education. But this is far from certain.
In order to achieve the projected surplus, the government is counting on increased economic growth and high oil prices. Oil has been hovering at around $100 per barrel for some time now, and will have to rise to $108.25 by 2014-15 in order for the budget estimates to hit their mark. This certainly could be the case. As Mr. Liepert noted, “those are international forecasters that are telling us that.” Heck, if Iran closes off the Strait of Hormuz, $108 could look like a real bargain. But how many times has Alberta bet the bank on indefinite prosperity, only to be left in the cold when its boom-and-bust economy eventually falls into the gutter?
In 2008-09, oil dropped from $147 to $33 in a matter of months. Because the government had steadily increased spending since the dying days of the Klein administration, it started running huge deficits. In order to remain debt free, the province drew money from its sustainability fund, which now contains $3.7-billion, down from a high of $15-billion just three years ago.
"I have never killed a man, but I have read many obituaries with great pleasure." - Clarence Darrow
"I didn't attend the funeral, but I sent a nice letter saying I approved of it." - Mark Twain
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Originally posted by Japher View PostI'm trying.
Oilsands are nuts, you see the size of those trucks! Canoil is pretty good too, especially if you are allergic to soy like my oldest boy.
Watch out for Brazil in coming years. Big oil reserves + Ethanol based infrastructure = Huge Exports and lots of money for Brazil. If I spoke portugese I'd be moving."The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.
"The most obvious predicition about the future is that it will be mostly like the past" - Alain de Botton
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Originally posted by Uncle Sparky View PostPetroCanada was a profitable 'crown corporation', which was undermined by the conservative government of Alberta and their corporate sponsors. Many Canadians outside of Alberta, including me, bought our oil and gas from PetroCan knowing that profits from the company would go towards government programs rather than what is now called the 1%.
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Originally posted by regexcellent View PostOkay, so you think the government should be getting the profit instead of the folks who are actually producing it? That's just...terrible. No wonder Alberta votes for the Conservatives.
BTW- currently I belong to a gas station co-op.There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
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Originally posted by gribbler View PostWhy is it important if it belongs to the government or rich people?If there is no sound in space, how come you can hear the lasers?
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Originally posted by Hauldren Collider View PostWhy do you suppose the rich people are rich? I would presume it would be their skill in managing oil companies. I don't have that much faith in elected politicians' ability to perform these tasks as those who base their extremely successful careers in it.
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Originally posted by gribbler View PostWhy is it important if it belongs to the government or rich people?I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio
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Originally posted by Uncle Sparky View PostNo. Please don't pretend to be that stupid. Everyone was fairly paid. The PetroCan was successful, but offended conservatives. Alberta doesn't always vote Conservative. They used to vote Social Credit (think Tea Party, but more religious.)
BTW- currently I belong to a gas station co-op.
Not to mention the fact that we know from the benefit of hindsight that the whole thing crashed and burned...
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Originally posted by Uncle Sparky View PostNo. Please don't pretend to be that stupid. Everyone was fairly paid. The PetroCan was successful, but offended conservatives. Alberta doesn't always vote Conservative. They used to vote Social Credit (think Tea Party, but more religious.)
As for "offending conservatives", that's a pretty ridiculous thing to say. The concept of PetroCanada is offensive, to be sure. And it's easy to see why. The reason it was founded was because when oil prices skyrocketed in the 70s, Eastern & Central Canada wanted a slice of the pie. They couldn't easily get this because Alberta owns Alberta oil, not Canada. So they tried to get around that. The socialist party in Canada (the NDP) came up with the bright idea that if you made as government owned and operated oil company, then gave them an artificial competitive advantage in the market place, the rest of Canada could leach even more money. It wasn't enough to just have a profitable crown corp at the expense of a competitive marketplace, so they went one step forward and brought in the NEP which crippled Alberta's economy, drove away foreign investment, but padded Petro Canada (and Ontario/Quebec's) pocket books.
Those damn conservatives - why were they offended by this? You're right, Petro Canada was successful when the government passed laws and policies to cripple its competition and give it easy access to capital."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
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