thats sad...........Big oil runs this province not the gov't..........and we albertans have been pushed around so much by big oil it has given us...or most of us amnesia.........does anyone remember back say 5 yrs ago......oil was climbing to $40.00 then over night it climbed to $50.00.......................everyone* was dog tired from working so hard.....we were all in overdrive....the royalties were unchanged and big oil was making so much money, as was the province that nary a sound came from either side..........ok fastforward 3 years..........as the price climbed and climbed to a whopping $146.72 and onstream changes in production almost tripled everyone was in denial of the bubble..............well it burst....and with that burst in price cam the inception of a new royalty regieme.......penney's really......and what does big oil do .....send the push back to albertans in the form of a firm foot on the brakes attitude.......the province is partly responsible for counting there futures on a unrealistic price.....but the greed was only big oils...... because they dictate what they will pay and push back anything that isn't in line with there own bottom line................the penney's that the new royalties imposed on big oil do add up in production numbers and CPB but are a quite well offset by the shear price of the product (exception to natural gas here....but not including gas to the mix) the peak price* of $146* went down substancially from that figure but has remained constant for the last 3 yrs between $70 to $80 PB.........production has not yeilded lower numbers since that decline......our province says there losing money because of the price and big oil cries the same story.............yet the price is still 1/3rd above what the price was 5 yrs ago........of $40 PB.... sure the royalties have changed (penney's really) but production is triple what it was then and climbing as we move forward.............but yet everyone cries foul..............you* know what we need it isn't an oil guy....or a farmer.......we need someone or a group of someones who will not be bought by big oil.......we need to* be the pushers not the push-ees and bluntly say enough is enough.......... we have this rich resource which isn't renewable..... so if you want it here is what you have to pay (not just penney's) and if you don't like it* then guess what .....Alberta will* mine it extract it refine it and ship it and that cost will benefit our people..........Chavez did it for his people.......check out what the price of gasoline is per liter in Venezuela......it's about 75% lower than what we pay here.......sure* that country is poor and is ruled comunist..........but if big oil had there way that country would still be getting penney's in royalties and at the end of the day wpuld still be comunist................Alberta needs people who will stand up for it's people............Chavez had a good point........he said we have it and you can buy it from us for a price........ we should do the same.........then things will turn around for this province in a good way.*** Just* my $.02
I hear ya ...and* no* i'm* not anymore or less educated that anyone else.......but facts are facts* and there is money in confusion.........if anyone wants to get rich in alberta the easiest way to accomplish that is to form a review pannel and cater to it as the government dictates...........the university professor who had his envrimental study slighted by Ed and the boys (who will do there own study.........no doubt of the outcome) gets nothing for his efforts and the efforts of his team for producing findings of a study....all for the interests of the enviroment......that's who cameron should have had a meeting with ...not* the indian chief...and Eddy oil boy......I hope I live longenough to see a balance between industry and enviroment.........as for the down turn..yes it has betten all of alberta either directly or indirectly.........and I know that there is no simple solution ( alberta mining extracting and refining...etc) but i would be willing to bet if alberta refined* more product then there would be jobs and stability a plenty..................but do the math......over 90% of the product is shipped and refined elsewhere..........the numbers suggest that Canada as a whole only* refines 13% of it's raw product.........yet we import indirectly more than we refine...why is that?? Could we not refine more product here in this country so the fuel we use could be made more affordable to the people............the US has cheaper fuel prices than anada as a whole ...basically based on market share and consumption.........if Alberta refined more product we could export our excess for profit that would offset the production and refining cost, and make fuel more consumer cost friendly..........Government control of the oil and gas industry could make life in canada allot better for canadians.I think we as albertans should be benefiting more from the resources we have...........sorry to get off the topic again...... but* yeah* bogger I wish there was more continuity within the industry as related to the job market.......... and i'm sure you do too.
Yes* like I said there a comunist country......and* yes there poor.....well 3rd worl status actually..........but there actually better off than if big oil had gotten what they wanted insted of getting what they get..........I agree with ya ......* I just wish we had a government here that would listen to the people and do what would be better in the long run instead of back door deals and secret hand shakes and* the rest...........sorry to* offed you if my observations are off.......... but there just my words and my opinion and really mean nothing................I wish our system was better that's all.
