Quote:
Originally Posted by Frequitude
Or we exploit it as hard as possible to generate wealth now that can be reinvested over longer periods of time (into other industries for example). Time value of money.
As for referring to O&G jobs as high paying and cushy, get over yourself. Albertans in this industry work their ass off to both get here and stay here.
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Hah. So we're going to rely on proper allocation of funds in the future? What if Oil drops out before we can save up enough? One tech innovation that reduces the demand for oil and our sand in the north becomes worthless. If you look at the exponential development of human technology since the industrial revolution, it's not outrageous to think that this could happen in a matter of decades.
Pfft. I've worked in and out of the patch. You work no harder than any other industry but you have many more perks. It's the definition of cushy. Show me any other industry in Calgary where admin assistants make 60K a year.
It's selfish view point. It is human nature, I'll give you that. We have a hard time caring about people who don't exist yet over ourselfs. That doesn't change the fact that it's extremely short sighted.