Canada to end domestic subsidies for unabated fossil-fuel production

Fastandfurious74
Newbie
Posts: 15
Joined: Jul 14th, 2023, 12:04 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Fastandfurious74 »

Babba_not_Gump wrote: Jul 14th, 2023, 1:56 pm
Fastandfurious74 wrote: Jul 14th, 2023, 12:07 pm https://www.castanet.net/news/Canada/43 ... ion#436820

Saw this today on the home page, it's about time too. I am so sick of the government giving these companies my tax dollars. We are not a socialist country, nothing is free!
I would like to agree with you but if all Canadian companies who receive subsidies were suddenly cut off, most would shut down and leave Canada. And there goes our economy.
And it applies to more then just those in the oil and gas industries.
The problem comes with other governments doing the same, subsidizing their own companies.
Do you really think companies would just leave the 9th largest country by GDP because we didn't just give them free money? When a child acts like a brat and threatens to leave do you beg them to say and raise their allowance?
Fastandfurious74
Newbie
Posts: 15
Joined: Jul 14th, 2023, 12:04 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Fastandfurious74 »

Urban Cowboy wrote: Jul 14th, 2023, 2:06 pm
Fastandfurious74 wrote: Jul 14th, 2023, 12:17 pm

Personally, if a company cant operate without handouts from the government, they shouldn't be in business at all. The free market will correct itself, if a company increases their prices to much, another will lower/keep theirs stable to steal their customers.
How exactly will this free market correct itself, when big oil are all colluding with each other?

This "correction" is another way of saying, higher prices at the pump.

Government is feeling the pain, from JT's unchecked spending spree, so is now out to clawback funds from anywhere they can, and as always, in the end it's us footing the bill.
I find it so weird that you would blame any level of government for a private company raising their prices! Why are you not shaking your fist at Chevron, OPEC, or Shell? I'm mad as heck at them! There's no reason they should get MY tax dollars and then turn around and screw me at the pump as well!
User avatar
Urban Cowboy
Guru
Posts: 9379
Joined: Apr 27th, 2013, 3:47 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Urban Cowboy »

Fastandfurious74 wrote: Jul 14th, 2023, 3:28 pm
Urban Cowboy wrote: Jul 14th, 2023, 2:06 pm

How exactly will this free market correct itself, when big oil are all colluding with each other?

This "correction" is another way of saying, higher prices at the pump.

Government is feeling the pain, from JT's unchecked spending spree, so is now out to clawback funds from anywhere they can, and as always, in the end it's us footing the bill.
I find it so weird that you would blame any level of government for a private company raising their prices! Why are you not shaking your fist at Chevron, OPEC, or Shell? I'm mad as heck at them! There's no reason they should get MY tax dollars and then turn around and screw me at the pump as well!
I completely understand where you're coming from, but my point is that, though you may feel that they are no longer getting your tax dollars, they will simply tack whatever this loss costs them, onto the price at the pump.

We lose either way is what I'm saying.

The only one that wins here is the feds, because they are no longer losing money to subsidies.

Never mind that, the more fuel costs at the pump, the happier government is, since they take in more money.

Great for them, sucks for us.
“Not All Those Who Wander Are Lost" - Tolkien
User avatar
Babba_not_Gump
Walks on Forum Water
Posts: 12923
Joined: Jul 16th, 2019, 2:38 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Babba_not_Gump »

Fastandfurious74 wrote: Jul 14th, 2023, 3:26 pm
Babba_not_Gump wrote: Jul 14th, 2023, 1:56 pm
I would like to agree with you but if all Canadian companies who receive subsidies were suddenly cut off, most would shut down and leave Canada. And there goes our economy.
And it applies to more then just those in the oil and gas industries.
The problem comes with other governments doing the same, subsidizing their own companies.
Do you really think companies would just leave the 9th largest country by GDP because we didn't just give them free money? When a child acts like a brat and threatens to leave do you beg them to say and raise their allowance?
They would either leave or jack up their prices to local consumers.
They definitely would not be able to compete outside of Canada.

I don't like subsidies either, to any industry, but in able to compete they require a somewhat level playing field.
I'm posting this from Traditional lands of the British Empire & the current Lands of The Dominion of Canada.
I also give thanks for this ethos richness bestowed on us via British Colonialism.

#StandUpToJewishHate
raft-cove
Übergod
Posts: 1582
Joined: Aug 29th, 2013, 1:34 am

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by raft-cove »

Urban Cowboy wrote: Jul 14th, 2023, 2:06 pm
Fastandfurious74 wrote: Jul 14th, 2023, 12:17 pm

Personally, if a company cant operate without handouts from the government, they shouldn't be in business at all. The free market will correct itself, if a company increases their prices to much, another will lower/keep theirs stable to steal their customers.
How exactly will this free market correct itself, when big oil are all colluding with each other?

This "correction" is another way of saying, higher prices at the pump.

Government is feeling the pain, from JT's unchecked spending spree, so is now out to clawback funds from anywhere they can, and as always, in the end it's us footing the bill.
That's where people are wrong.

Oil is a global commodity.

NA companies, in isolation, are price takers not price makers.

Error that most people want to believe because they dislike high oil prices.
VaxxNOTsafe.

Why are so many children suffering from MYOCARDITIS?

Okanagan Landlords are the Forrest Gumps of the Investment World.

Parabolic Real Estate values are NOT sustainable at 5% mortgage rates, Ask Tiff.
Fastandfurious74
Newbie
Posts: 15
Joined: Jul 14th, 2023, 12:04 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Fastandfurious74 »

Urban Cowboy wrote: Jul 14th, 2023, 3:46 pm
Fastandfurious74 wrote: Jul 14th, 2023, 3:28 pm

I find it so weird that you would blame any level of government for a private company raising their prices! Why are you not shaking your fist at Chevron, OPEC, or Shell? I'm mad as heck at them! There's no reason they should get MY tax dollars and then turn around and screw me at the pump as well!
I completely understand where you're coming from, but my point is that, though you may feel that they are no longer getting your tax dollars, they will simply tack whatever this loss costs them, onto the price at the pump.

We lose either way is what I'm saying.

The only one that wins here is the feds, because they are no longer losing money to subsidies.

Never mind that, the more fuel costs at the pump, the happier government is, since they take in more money.

Great for them, sucks for us.
You make great points and thanks for replying to me! But isn't this just proof that the oil companies are gangsters, and we should be moving away from oil and gas? If they're going to bend us over a barrel (of oil) then why not increase our reliance on better alternatives? Greener energy, public transit, making cities that make sense for pedestrians and other modes of transport!
raft-cove
Übergod
Posts: 1582
Joined: Aug 29th, 2013, 1:34 am

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by raft-cove »

Urban Cowboy wrote: Jul 14th, 2023, 3:46 pm
Fastandfurious74 wrote: Jul 14th, 2023, 3:28 pm

I find it so weird that you would blame any level of government for a private company raising their prices! Why are you not shaking your fist at Chevron, OPEC, or Shell? I'm mad as heck at them! There's no reason they should get MY tax dollars and then turn around and screw me at the pump as well!
I completely understand where you're coming from, but my point is that, though you may feel that they are no longer getting your tax dollars, they will simply tack whatever this loss costs them, onto the price at the pump.

We lose either way is what I'm saying.

The only one that wins here is the feds, because they are no longer losing money to subsidies.

Never mind that, the more fuel costs at the pump, the happier government is, since they take in more money.

Great for them, sucks for us.
Depends who you vote for.

I for one am fed up with the Liberal $cience of past eight years.

Will be donating heavily to Conservatives as business improves. Once Conservatives are back in power, those donations will go to charities.

My money, my choices.
VaxxNOTsafe.

Why are so many children suffering from MYOCARDITIS?

Okanagan Landlords are the Forrest Gumps of the Investment World.

Parabolic Real Estate values are NOT sustainable at 5% mortgage rates, Ask Tiff.
User avatar
Urban Cowboy
Guru
Posts: 9379
Joined: Apr 27th, 2013, 3:47 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Urban Cowboy »

raft-cove wrote: Jul 14th, 2023, 3:55 pm
Urban Cowboy wrote: Jul 14th, 2023, 2:06 pm

How exactly will this free market correct itself, when big oil are all colluding with each other?

This "correction" is another way of saying, higher prices at the pump.

Government is feeling the pain, from JT's unchecked spending spree, so is now out to clawback funds from anywhere they can, and as always, in the end it's us footing the bill.
That's where people are wrong.

Oil is a global commodity.

NA companies, in isolation, are price takers not price makers.

Error that most people want to believe because they dislike high oil prices.
A global commodity that Arabs control, and play us like puppets, whenever they want the price of a barrel to go up.

This, when we have plenty of oil, right here in North America.

Even here in NA they play games, like when some refinery gets temporarily shut down for "maintenance", in Louisiana, then the next day, prices at our pumps shoot up, because suddenly there's an oil shortage.

As if we don't have the ability to plan for short outages.

I detest high oil prices, and petroleum companies equally. :cuss:
“Not All Those Who Wander Are Lost" - Tolkien
User avatar
The Green Barbarian
Insanely Prolific
Posts: 83660
Joined: Sep 16th, 2010, 9:13 am

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by The Green Barbarian »

Fastandfurious74 wrote: Jul 14th, 2023, 12:07 pm https://www.castanet.net/news/Canada/43 ... ion#436820

Saw this today on the home page, it's about time too. I am so sick of the government giving these companies my tax dollars. We are not a socialist country, nothing is free!
What are these "subsidies"? No one seems to know and they are never defined.
"The western far Left is habitually the most stupid, naive people you can imagine. They come up with these really goofy constructs and it's all about feeling good about yourself."
From the river to the sea, Israel must be psychopath Hamas free.
raft-cove
Übergod
Posts: 1582
Joined: Aug 29th, 2013, 1:34 am

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by raft-cove »

Urban Cowboy wrote: Jul 14th, 2023, 5:36 pm
raft-cove wrote: Jul 14th, 2023, 3:55 pm

That's where people are wrong.

Oil is a global commodity.

NA companies, in isolation, are price takers not price makers.

Error that most people want to believe because they dislike high oil prices.
A global commodity that Arabs control, and play us like puppets, whenever they want the price of a barrel to go up.

This, when we have plenty of oil, right here in North America.

Even here in NA they play games, like when some refinery gets temporarily shut down for "maintenance", in Louisiana, then the next day, prices at our pumps shoot up, because suddenly there's an oil shortage.

As if we don't have the ability to plan for short outages.

I detest high oil prices, and petroleum companies equally. :cuss:
More Canadian consumers with their head in the sand.

Global commodity.

Nobody controls it.

OPEC can influence pricing when they seek to intervene.

Their goal is to stabilize pricing.

Price stabilization is to ensure there is incentive to develop future supply.

Consumers complaining about price are much like diabetics who complain about the cost of insulin.

Try living without it. See how long civilized society lasts.

Check back in at $150 oil, you can thank policies like this one for helping create $3/L gasoline in Canada.
Last edited by raft-cove on Jul 14th, 2023, 7:29 pm, edited 2 times in total.
VaxxNOTsafe.

Why are so many children suffering from MYOCARDITIS?

Okanagan Landlords are the Forrest Gumps of the Investment World.

Parabolic Real Estate values are NOT sustainable at 5% mortgage rates, Ask Tiff.
User avatar
Gone_Fishin
Walks on Forum Water
Posts: 12446
Joined: Sep 6th, 2006, 7:43 am

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Gone_Fishin »

Fastandfurious74 wrote: Jul 14th, 2023, 12:17 pm Personally, if a company cant operate without handouts from the government, they shouldn't be in business at all. The free market will correct itself, if a company increases their prices to much, another will lower/keep theirs stable to steal their customers.
I agree!

Defund the CBC! Defund the CBC! Defund the CBC! Defund the CBC! Defund the CBC! Defund the CBC!

The funny thing is, there are no subsidies for oil & gas unless you count the CEWS billions that Trudeau threw at anyone with their hand up.
ΜΟΛΩΝ ΛΑΒΕ

A smaller government makes room for bigger citizens.

You can't spell "Liberal" without "Lie."
User avatar
Babba_not_Gump
Walks on Forum Water
Posts: 12923
Joined: Jul 16th, 2019, 2:38 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Babba_not_Gump »

*removed*
Last edited by ferri on Jul 15th, 2023, 6:24 am, edited 1 time in total.
Reason: Off Topic
I'm posting this from Traditional lands of the British Empire & the current Lands of The Dominion of Canada.
I also give thanks for this ethos richness bestowed on us via British Colonialism.

#StandUpToJewishHate
User avatar
GordonH
Сварливий старий мерзотник
Posts: 38638
Joined: Oct 4th, 2008, 7:21 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by GordonH »

*removed*
Last edited by ferri on Jul 15th, 2023, 6:25 am, edited 1 time in total.
Reason: Response to removed post.
I don't give a damn whether people/posters like me or dislike me, I'm not on earth to win any popularity contests.
User avatar
Urban Cowboy
Guru
Posts: 9379
Joined: Apr 27th, 2013, 3:47 pm

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by Urban Cowboy »

raft-cove wrote: Jul 14th, 2023, 7:15 pm
Urban Cowboy wrote: Jul 14th, 2023, 5:36 pm

A global commodity that Arabs control, and play us like puppets, whenever they want the price of a barrel to go up.

This, when we have plenty of oil, right here in North America.

Even here in NA they play games, like when some refinery gets temporarily shut down for "maintenance", in Louisiana, then the next day, prices at our pumps shoot up, because suddenly there's an oil shortage.

As if we don't have the ability to plan for short outages.

I detest high oil prices, and petroleum companies equally. :cuss:
More Canadian consumers with their head in the sand.

Global commodity.

Nobody controls it.

OPEC can influence pricing when they seek to intervene.

Their goal is to stabilize pricing.

Price stabilization is to ensure there is incentive to develop future supply.

Consumers complaining about price are much like diabetics who complain about the cost of insulin.

Try living without it. See how long civilized society lasts.

Check back in at $150 oil, you can thank policies like this one for helping create $3/L gasoline in Canada.
Since when is "influencing pricing" not a form of control?

Did I miss that marketing class? :135:

Whenever they decide, they want to build another tower in the desert, they monkey around with oil output, to force the price up.

If that's not the very definition, of control, I don't know what is.

If it walks like a duck, swims like a duck, and quacks like a duck, it's still a duck, no matter what name it's given.
“Not All Those Who Wander Are Lost" - Tolkien
raft-cove
Übergod
Posts: 1582
Joined: Aug 29th, 2013, 1:34 am

Re: Canada to end domestic subsidies for unabated fossil-fuel production

Post by raft-cove »

Urban Cowboy wrote: Jul 14th, 2023, 9:36 pm
raft-cove wrote: Jul 14th, 2023, 7:15 pm

More Canadian consumers with their head in the sand.

Global commodity.

Nobody controls it.

OPEC can influence pricing when they seek to intervene.

Their goal is to stabilize pricing.

Price stabilization is to ensure there is incentive to develop future supply.

Consumers complaining about price are much like diabetics who complain about the cost of insulin.

Try living without it. See how long civilized society lasts.

Check back in at $150 oil, you can thank policies like this one for helping create $3/L gasoline in Canada.
Since when is "influencing pricing" not a form of control?

Did I miss that marketing class? :135:

Whenever they decide, they want to build another tower in the desert, they monkey around with oil output, to force the price up.

If that's not the very definition, of control, I don't know what is.

If it walks like a duck, swims like a duck, and quacks like a duck, it's still a duck, no matter what name it's given.

Simple stuff.

Control vs influence.

Not all Canadians are naive and unread.

Facts are available to those who can spend 30min to learn.

http://www.prienga.com/blog/2014/11/11/ ... sons-of-79
VaxxNOTsafe.

Why are so many children suffering from MYOCARDITIS?

Okanagan Landlords are the Forrest Gumps of the Investment World.

Parabolic Real Estate values are NOT sustainable at 5% mortgage rates, Ask Tiff.

Return to “Canada”