Quote:
Originally posted by Bring_Back_Shantz+Sep 22 2004, 10:04 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Bring_Back_Shantz @ Sep 22 2004, 10:04 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-CaramonLS@Sep 22 2004, 11:59 AM
Shantz what is it going to do?#
Its going to get the oil out of the ground faster, drivng down oil prices, flooding the market with oil.
Oil is NOT a renewable resource FYI and it looks more and more like we are going to run out of this resource pretty damned soon.
I am not going to waste money so Oil can be gotten out of the ground faster with little benifit to our province - sure we can outsource all the labour we want to, but at a certain point, its not the people that are benifiting from this, its the oil companies.
Sorry these companies can put their profits on hold for a little while and that oil can stay in the ground a little longer.
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A billion dollar project is a billion dollar project. We can do it now or in 10 years, but we still won't have the people in alberta to do the job, at least unless we somehow magically persuade thousands of people to go into the needed trades.
And man do I love it when people are stupid enought to say things like "It's the oil companies that are benefiting not the people".
What? Are oil companies bit robots that devour money and do nothing with it? Let's see, Oil company makes money.....Invests money in other big Billion dollar projects...employs thousands of people, both from Alberta, and otherwise.
Guess what man, Oil companies, and the contractors that they use, employ THOUSANDS of people in Calgary alone, not to mention the other Thousands that they employ in the rest of he province, and pretty much the entire city of Ft. Mac. Big news flash for you man, a very large portion of the province ARE the oil companies.
Edit: BTW, just for clarification, would I rather see these jobs, stay in Alberta rather than have to hire foreign workers, Sure, but the only way we are going to do that is to creat programs that encourage people to go into the badly needed trades, something that most of the large oil companies are doing. Untill those programs have their intended effect, we're gonna have to bring in some outsiders if we want to complete these huge projects. [/b][/quote]
Ahh the Principles of Supply Side Economics or Reaganonmics Shantz.
Ahh the pure intentions of Oil companies whose only goal is to expand and create more jobs for the willing public and to spread the wealth around to everyone.
What? Are oil companies bit robots that devour money and do nothing with it? Let's see, Oil company makes money.....Invests money in other big Billion dollar projects...employs thousands of people, both from Alberta, and otherwise.
So Oil companies are constantly expanding helping us out non-stop?
First and foremost they are a business and they only do what is good for their business and bottom line. When you get right down to it, large corperations are cold heartless money making machines. THIS is not to say I don't support large corperations because they certainly have their role in society.
Also I did not mean to imply that Oil Companies are the only benificiaries of the Oil we extract from the ground, but hiring cheap foriegn labor to suck this oil out of the ground as fast as humanly possible is NOT the best Solution for the PROVINCE. Sure the province will make some extra money right away but in the long run we only have a limited amount of oil and limited revenues from it.
Also don't try to argue economics with me unless you understand the basic principals of supply and demand. More Supply is going to equal a drop in the prices, I can draw you a graph if you like.