Quote:
Originally Posted by Ducay
Well of course it is more than commodity prices, but those prices and underlying costs (including gov't imposed) impact which plays the capital gets thrown at, which is the main driver of SK getting more development, rather than any sort of bureaucratic choice/policy SK has made or "friendliness" to O&G producers.
If gas prices shoot through the roof, people would run to Alberta and BC plays, even with carbon regimes and political nonsense. Its all about the $.
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You responded to a post showing that we are falling behind Sask for investment and said that commodity prices had more to do with it than political climate, taxes and levies. Both provinces are suffering from low commodity prices so I would asssume that government policy is having a significant impact. Obviously if prices shoot up investment will rise everywhere but right now Sask appears to be dealing with the downturn better. Not sure what we are arguing here.