Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Oilpatch giant makes billion-dollar threat over Alberta royalties

NuclearFart · 09-30-2007, 01:10 PM

This is exactly it: we all want a piece of that sweet, sweet oily pie. As it currently stands, people may argue that the "invisble hand/trickledown effect" will benefit us all indirectly, but its all relative to the cost of living. Are you gaining more by this trickle down from the O&G, or being hindered more by the soaring cost of living?

In my industry, particularily my niche, the salaries have not increased to the same degree as O&G, and nor would I expect it to. It's overall increase has been more or less linear, consistent with the last 30 years, and irregardless of the recessions or booms. But my spending power has decreased substantially, as the cost of living has exponentially inflated around me by the O&G. I was, and will always be, better off when the main industry goes into the red.

For selfish reasons, my industry has everything to gain by the proposed royalties.
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09-30-2007, 01:10 PM	#28
NuclearFart First Line Centre Join Date: Mar 2006 Exp:	This is exactly it: we all want a piece of that sweet, sweet oily pie. As it currently stands, people may argue that the "invisble hand/trickledown effect" will benefit us all indirectly, but its all relative to the cost of living. Are you gaining more by this trickle down from the O&G, or being hindered more by the soaring cost of living? In my industry, particularily my niche, the salaries have not increased to the same degree as O&G, and nor would I expect it to. It's overall increase has been more or less linear, consistent with the last 30 years, and irregardless of the recessions or booms. But my spending power has decreased substantially, as the cost of living has exponentially inflated around me by the O&G. I was, and will always be, better off when the main industry goes into the red. For selfish reasons, my industry has everything to gain by the proposed royalties. ________ PORTABLE VAPORIZER Last edited by NuclearFart; 04-16-2011 at 10:44 PM.