Thread: Alberta Economy
View Single Post
Old 06-24-2015, 05:02 PM   #32
Frequitude
Franchise Player
 
Frequitude's Avatar
 
Join Date: Jul 2005
Location: 555 Saddledome Rise SE
Exp:
Default

Quote:
Originally Posted by darklord700 View Post
Why would you not want to develop O&G when it is right beneath our feet?
Exactly.

Quote:
Originally Posted by polak View Post
Cause it won't always be below our feet and cause no one has any idea what the value of it will be 20 years. Could be worthless, could be gold.

You talk about uncertainty for O&G companies with an NDP government, well that's a ton of uncertainty for the citizens of Alberta.
I will bet any sum of money that oil will be a valuable commodity in 20 years. In 50-100, you're point is very valid. Therefore we should a) get it out of the ground and sell it as fast as possible, and b) start figuring out how to diversify.

Personally, I'd love to see us become a nuclear tech centre of excellence (calling SeeGeeWhy). We have tons of engineers familiar with large facilities, our nation has experience with CANDU and the Ontario plants, our provincial neighbour has large uranium deposits, and it tops my list of sustainable energy sources.
Frequitude is offline   Reply With Quote
The Following 5 Users Say Thank You to Frequitude For This Useful Post: