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Old 11-21-2008, 04:40 PM   #15
octothorp
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I don't see it as such a bad thing to slow the O&G investment in the province; it's not like our reserves are going anywhere, and oil prices aren't going anywhere except up for the foreseeable future (until some really incredible alternative fuel comes along). So a little less oil is drilled in Alberta, a little more is drilled elsewhere. At some point, those other reserves will dry up, and those companies will be forced to come back to Alberta and pay whatever price is being asked of them; probably more than they're paying today.
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