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Originally Posted by JD
Who cares? Probably all the people whose livelihoods currently depend on these projects. The argument of whether its better to plunder the resource now or wait until later is a tough one and I don't know the answer to that. All I do know is that oil prices are at an all-time high and oil companies tend to invest when that is the case. What happens if the projects get pulled over royalty increases and when EnCana is ready to come begging back, the prices aren't there to support the projects anyway?
I'm all for getting our fair share of what is rightfully ours, but these decisions must be made very carefully. We can't just assume EnCana will come crawling back. They probably will, they're based here, but what about Shell? Suncor? Japan Oilsands? etc, etc...
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There is so much work right now it wouldn't matter there is plenty of work else where in the province. With the comment above you make it seem like th NEP. They haven't done hardly any drilling or servicing for gas over the last few months and many of those people that worked in that area have moved on. Now they start ramping things up a bit and they cannot find people to work. So don't go on this idea that all these people will lose their livelyhood.