Province’s oil curtailments means layoffs

[Deer Hunter]

Originally Posted by The Elkster

No refinery = no oilsands mine. Eventually they'll come around as there is still profits to be made and a limit to the number of opportunities in stable regions globally. I'd be supportive of some gov't loan guarantees to help lube the wheels as they do stand to gain in the long run.

The Government paying for/backing projects that make no economic sense is not helping the province.

Good read.

https://business.financialpost.com/c...-glut-solution

[AndrewM]

I get where the complaint of using foreign workers stems from. My issue was with the temporary foreign workover program. The majority of those people wanted to live here but their entire families couldn't come with them so all the money they made was sent to their families back in their home country. If the whole family could have come, all the money could have stayed here.

[The Elkster]

Originally Posted by Deer Hunter

The Government paying for/backing projects that make no economic sense is not helping the province.

Good read.

https://business.financialpost.com/c...-glut-solution

Yep now is about the worst time to justify the economics of anything oil. Many have questioned the economics of the PL's as well. The world has plenty of oil and there is no company or country pounding on the door at Canadian ports begging to pay top dollar for our crude. But we know we have to have a longer term plan to keep our options open as things change right. Much could change by the time a large project is completed.

[Deer Hunter]

Originally Posted by The Elkster

Yep now is about the worst time to justify the economics of anything oil. Many have questioned the economics of the PL's as well. The world has plenty of oil and there is no company or country pounding on the door at Canadian ports begging to pay top dollar for our crude. But we know we have to have a longer term plan to keep our options open as things change right. Much could change by the time a large project is completed.

The only people questioning the economics of our pipelines are those who don't care about the future prosperity of this country.

[The Elkster]

Originally Posted by Deer Hunter

The only people questioning the economics of our pipelines are those who don't care about the future prosperity of this country.

That just isn't true and its needlessly divisive. Some just have different beliefs in what constitutes prosperity and long term good. Some people are happy to give up some creature comforts and stay closer to home to reduce their footprint others want to travel and have the big house. Neither is wrong per say. Should we only measure societies success in terms of money? What if we have lots of money and good paid medical and balance budget but the environment is unlivable in future? What if we have lots of money while pumping hard on oil but then the oil runs out and we're left with nothing in the future? What if the PL goes through and there is a major bitumen spill in the LM in the future? I may not always agree with the opposing view but I can understand many of the concerns and I always try to consider them rather than laugh them off. Compromise is a thing. Lets not go down the American political road.

[Deer Hunter]

Originally Posted by The Elkster

That just isn't true and its needlessly divisive. Some just have different beliefs in what constitutes prosperity and long term good. Some people are happy to give up some creature comforts and stay closer to home to reduce their footprint others want to travel and have the big house. Neither is wrong per say. Should we only measure societies success in terms of money? What if we have lots of money and good paid medical and balance budget but the environment is unlivable in future? What if we have lots of money while pumping hard on oil but then the oil runs out and we're left with nothing in the future? What if the PL goes through and there is a major bitumen spill in the LM in the future? I may not always agree with the opposing view but I can understand many of the concerns and I always try to consider them rather than laugh them off. Compromise is a thing. Lets not go down the American political road.

Sounds like you've been listening to David Suzuki!
I'm out of this discussion, thanks for the entertainment.

[AndrewM]

Originally Posted by Deer Hunter

Sounds like you've been listening to David Suzuki!
I'm out of this discussion, thanks for the entertainment.

I am out too. Too many what ifs and no longer discussing facts.

[ESOXangler]

Originally Posted by Deer Hunter

The Government paying for/backing projects that make no economic sense is not helping the province.

Good read.

https://business.financialpost.com/c...-glut-solution

Bah there's always a market for quality. Ther refinery I work at ships products to anywhere from Japan to Cincinnati. All profit too.

[AndrewM]

Originally Posted by ESOXangler

Bah there's always a market for quality. Ther refinery I work at ships products to anywhere from Japan to Cincinnati. All profit too.

What do you mean by all profit?

[ESOXangler]

Originally Posted by AndrewM

What do you mean by all profit?

They're not taking a loss to sell. No discount either. Diesel is diesel and gas is gas.

I can understand how my comment could be misconstrued but that wasn't my intent.