The future of Alberta oil

George Orwell 1984
Grand Pooh-bah
Posts: 2485
Joined: Feb 19th, 2018, 6:24 am

Re: The future of Alberta oil

Post by George Orwell 1984 »

Facts like this ?

The oil and natural gas industry is one of Canada’s leading economic drivers, accounting for 10 percent of the country’s economy. In addition to creating a multitude of benefits for Canada’s economy, the oil and natural gas industry also pays significant taxes and royalties to federal and provincial governments—over the next 10 years, it’s estimated that the natural gas industry alone will contribute $45.6 billion in taxes.
SAILINGONE
Board Meister
Posts: 501
Joined: Dec 30th, 2008, 8:34 pm

Re: The future of Alberta oil

Post by SAILINGONE »

rustled wrote: Sep 23rd, 2023, 6:58 am
fluffy wrote: Sep 23rd, 2023, 6:41 am

Certified "reclaimed land" areas such as Syncrude's Gateway Hill, now a diverse and thriving ecological showpiece, are indeed a sight to behold. In truth as of 2017, actual reclaimed land measured only seven percent of disturbed lands, and of that small portion only one square kilometer has been certified and returned to the province.

https://www.pembina.org/blog/fifty-year ... -reclaimed
And every little bit helps, right? After all,
fluffy wrote: Sep 23rd, 2023, 5:02 am we all need to do what we can.
:130:
Yes by informing the addicted to screen folks, a play by play actual real picture of the wealth creating industries from a province so key to quebec & ottawa's wealth confiscation gig that for many years has been in the tens of billion dollars, yet publicly condemn the hand that feeds their wasteful bureaucratic desires, as this virus is spreading like wildfire through mainly big wealth consuming cities, where all they produce now is bureaucratic waste, dirty air, sewer, garbage and radicalized profesional progressive woke activists, who travel around from violent demonstration to demonstration and of course their white color activist the Pembina institute, all counter productive & wasteful opposition to the Alberta future in oil and more.
User avatar
fluffy
Admiral HMS Castanet
Posts: 27241
Joined: Jun 1st, 2006, 5:42 pm

Re: The future of Alberta oil

Post by fluffy »

George Orwell 1984 wrote: Sep 23rd, 2023, 7:58 am The oil and natural gas industry is one of Canada’s leading economic drivers, accounting for 10 percent of the country’s economy. In addition to creating a multitude of benefits for Canada’s economy, the oil and natural gas industry also pays significant taxes and royalties to federal and provincial governments—over the next 10 years, it’s estimated that the natural gas industry alone will contribute $45.6 billion in taxes.
True at this point in time, but that's not to say that there is no money to be made from oil & gas products other than fuel. The challenge facing the industry is to channel their growth into aspects of the industry that produce products for purposes other than burning, focusing on drawing income without the GHG emissions we need to reduce.

Currently we're looking at emissions vs. profit as a tradeoff, we need to put that behind us and seek out paths where lower emissions and profits can coexist.
“Debating an idiot is like trying to play chess with a pigeon — it knocks the pieces over, craps on the board, and flies back to its flock to claim victory.”
User avatar
fluffy
Admiral HMS Castanet
Posts: 27241
Joined: Jun 1st, 2006, 5:42 pm

Re: The future of Alberta oil

Post by fluffy »

SAILINGONE wrote: Sep 23rd, 2023, 8:04 am Yes by informing the addicted to screen folks, a play by play actual real picture of the wealth creating industries from a province so key to quebec & ottawa's wealth confiscation gig that for many years has been in the tens of billion dollars, yet publicly condemn the hand that feeds their wasteful bureaucratic desires, as this virus is spreading like wildfire through mainly big wealth consuming cities, where all they produce now is bureaucratic waste, dirty air, sewer, garbage and radicalized profesional progressive woke activists, who travel around from violent demonstration to demonstration and of course their white color activist the Pembina institute, all counter productive & wasteful opposition to the Alberta future in oil and more.
How much of that wealth ends up in the hands of working Albertans ?
“Debating an idiot is like trying to play chess with a pigeon — it knocks the pieces over, craps on the board, and flies back to its flock to claim victory.”
George Orwell 1984
Grand Pooh-bah
Posts: 2485
Joined: Feb 19th, 2018, 6:24 am

Re: The future of Alberta oil

Post by George Orwell 1984 »

How much of that wealth ends up in the hands of the liberals ?
User avatar
fluffy
Admiral HMS Castanet
Posts: 27241
Joined: Jun 1st, 2006, 5:42 pm

Re: The future of Alberta oil

Post by fluffy »

George Orwell 1984 wrote: Sep 23rd, 2023, 9:13 am How much of that wealth ends up in the hands of the liberals ?
Not enough when you consider the money the feds are paying in subsidies and the grants to clean up after the oil companies, bills the oil companies should be paying themselves. I'm sure that if you tallied up everything on both sides of the ledger that you'd find the oil producers are laughing all the way to the bank.

Have a look at the Nordic countries and their levels of taxation and see how many oil companies are packing up and leaving. (Hint: none) Norway's Sovereign Wealth Fund, where they park their oil revenues, currently sits at $1.4 trillion, and invests globally which brings in yearly profits in the tens of billions. Meanwhile, the likes of Kenney and Smith are quick to whip out the taxpayer cheque-book every time the oil producers squeak.
“Debating an idiot is like trying to play chess with a pigeon — it knocks the pieces over, craps on the board, and flies back to its flock to claim victory.”
SAILINGONE
Board Meister
Posts: 501
Joined: Dec 30th, 2008, 8:34 pm

Re: The future of Alberta oil

Post by SAILINGONE »

George Orwell 1984 wrote: Sep 23rd, 2023, 9:13 am How much of that wealth ends up in the hands of the liberals ?
Ops in the hands of the laurentians, they roughly confiscate $17 Billion yearly from the Alberta wealth creating machine. However it appears that the laurentians are uncomfortable with that confiscation arrangement and must make it totally justifiable by assuming full legal control over Alberta's oil via federal legal & political changes trudeau wants to make to the charter, something his oldman wasn't able to get accomplished, thanks to then Alberta Premier Peter Lougheed, with the only witness left today, the retired NL Premier Brian Peckford.
On a question of how much ends up in the hands of working Albertans ? those workers willing to roll up their sleeves and wanting to earn a paycheck, while contributing to the wealth of not only Albertans but all Canadians, have the ability to enjoy a fulfilling life, knowing people can rely on a reliable supply of ethnic energy.
The sad reality is that in the last 30 years the non wealth contributing and wasteful bureaucratic, regulatory, fake science, social & gatekeepers sectors have exponentially increased their take from the confiscation gig on the federal & provincial level, while they actively try to bankrupt the home grown & most advanced fossil industry, for an easy take over by laurentian/quebec g-members.
George Orwell 1984
Grand Pooh-bah
Posts: 2485
Joined: Feb 19th, 2018, 6:24 am

Re: The future of Alberta oil

Post by George Orwell 1984 »

SAILINGONE wrote: Sep 23rd, 2023, 9:47 am
George Orwell 1984 wrote: Sep 23rd, 2023, 9:13 am How much of that wealth ends up in the hands of the liberals ?
Ops in the hands of the laurentians, they roughly confiscate $17 Billion yearly from the Alberta wealth creating machine. However it appears that the laurentians are uncomfortable with that confiscation arrangement and must make it totally justifiable by assuming full legal control over Alberta's oil via federal legal & political changes trudeau wants to make to the charter, something his oldman wasn't able to get accomplished, thanks to then Alberta Premier Peter Lougheed, with the only witness left today, the retired NL Premier Brian Peckford.
On a question of how much ends up in the hands of working Albertans ? those workers willing to roll up their up: sleeves and wanting to earn a paycheck, while contributing to the wealth of not only Albertans but all Canadians, have the ability to enjoy a fulfilling life, knowing people can rely on a reliable supply of ethnic :up: energy.
The sad reality is that in the last 30 years the non wealth contributing and wasteful bureaucratic, regulatory, fake science, social & gatekeepers sectors have exponentially increased their take from the confiscation gig on the federal & provincial level, while they actively try to bankrupt the home grown & most advanced fossil industry, for an easy take over by laurentian/quebec g-members.


:up: :up: While heaving unaccountable billions out the door of the tent of commons, you know, to help countries that display ak47’s on their flags with their climate change and women’s rights issues.
User avatar
fluffy
Admiral HMS Castanet
Posts: 27241
Joined: Jun 1st, 2006, 5:42 pm

Re: The future of Alberta oil

Post by fluffy »

How much of that wealth ends up in the hands of working Albertans ? More than least year ? More than ten years ago ?
“Debating an idiot is like trying to play chess with a pigeon — it knocks the pieces over, craps on the board, and flies back to its flock to claim victory.”
Spiff
Grand Pooh-bah
Posts: 2768
Joined: Aug 23rd, 2022, 12:01 pm

Re: The future of Alberta oil

Post by Spiff »

Has anybody here besides fluffy and me actually worked in the patch?
77TA
Grand Pooh-bah
Posts: 2834
Joined: Jul 23rd, 2005, 9:48 am

Re: The future of Alberta oil

Post by 77TA »

Spiff wrote: Sep 23rd, 2023, 10:56 am Has anybody here besides fluffy and me actually worked in the patch?
How dare you!
Spiff
Grand Pooh-bah
Posts: 2768
Joined: Aug 23rd, 2022, 12:01 pm

Re: The future of Alberta oil

Post by Spiff »

77TA wrote: Sep 23rd, 2023, 11:04 am
Spiff wrote: Sep 23rd, 2023, 10:56 am Has anybody here besides fluffy and me actually worked in the patch?
How dare you!
[icon_lol2.gif] At 15, too. With no SIN.
raft-cove
Übergod
Posts: 1087
Joined: Aug 29th, 2013, 1:34 am

Re: The future of Alberta oil

Post by raft-cove »

Spiff wrote: Sep 23rd, 2023, 11:29 am
77TA wrote: Sep 23rd, 2023, 11:04 am

How dare you!
[icon_lol2.gif] At 15, too. With no SIN.
Not directly.

Got discretionary ancillary services businesses throughout AB oil and gas regions.

Been involved since 2003-2004.


Have found people loudly detest fossil fuel products because they inherently loathe their dependence on it.

Like a fat guy complaining about the cost of insulin.

Nice life.


Guess we could all live in Govt subsidized micro apartments, eating noodles and crickets while waiting for daily CBC / CTV Liberal-sponsored news blasts. Might as well join an ant farm.

No thanks.
VaxxNOTsafe.

Believer in Natural Immunity, Thanks.

Okanagan Landlords are the Forrest Gumps of the Investment World.
SAILINGONE
Board Meister
Posts: 501
Joined: Dec 30th, 2008, 8:34 pm

Re: The future of Alberta oil

Post by SAILINGONE »

Spiff wrote: Sep 23rd, 2023, 11:29 am
77TA wrote: Sep 23rd, 2023, 11:04 am

How dare you!
[icon_lol2.gif] At 15, too. With no SIN.
Thanks for asking, 36 years in the "oil patch" that is, both as an employee for service companies, shortly after coming off the boat, employee for one major fully integrated Oil & gas company, as an Employer & independent contractor.
Any more questions ?
So what "patch" did you and fluffy work in ?
Spiff
Grand Pooh-bah
Posts: 2768
Joined: Aug 23rd, 2022, 12:01 pm

Re: The future of Alberta oil

Post by Spiff »

I was raised in Drayton Valley and Edmonton, 'patched' out of there and then from Alberta to South Central Ontario. Finised up that career in Calgary, and then consulted to Central Alberta and Ft Mac. All for a total of 38 years.

Is anybody else here?

Okay, and I guess I'll 'fess up that after that I upgraded my post-secondary education and returend to work for Canada's largest environmental protection agency until my duration of formal employment.

Return to “Canada”