Quote:
Originally Posted by Red
It's called a difference of opinions..some believe in trickle down economics and some don't. Some buy in to the fear that O&G companies will pack up and leave, others will believe that they will stay where the Oil is.
Just different trains of thought. Learn to accept that.
You are not very good at explaining your position. Rude and ignorant really...so yes, we are done here.
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It's not a difference of opinion it's a difference in the understanding of facts.
First of all you didn't even know that he royalty review isn't ' a few weeks late' it was in fact bungled horribly. As soon as the NDP realized it was going to actually take some work they pledged to keep the current royalty regime in place for 2016. So they took an uncertainty and then guaranteed that it wouldn't change for over a year making things much worse. Something they've proven themselves adept at.
Companies look at that and don't say; 'Sweet! All is well!'
They see no viable method of determining a ling term cost/benefit analysis.
This isn't the Beverly Hillbillies, Albertans are not Ma and Pa Clampett where they shoot a 12 Guage into the dirt and voila! Oil! One year isn't stability in the terms of an investment in exploration it's the opposite. These projects are very long term and no one is committing to them unless there's a mutual commitment.
So it just gets scrapped. You may have heard something about the 100,000 layoffs? It's been mentioned here and there.
Rude? I'll grant you that, and I do apologize , but my position has been made clear over several threads. Further I've given out too many free economics lessons around here and I'm tired of doing it ad nauseum.
Ignorant though? It's cute that you are alleging that of me in light of your comments.
Everything is A-okay in your eyes? No one has suffered. Nothing wrong has happened. The NDP have things well under control.