View Single Post
Old 05-08-2017, 12:51 PM   #217
Regorium
First Line Centre
 
Join Date: Apr 2006
Location: Calgary
Exp:
Default

Here's another question - what is the government's role in this?

They already barely do anything for oil and gas. There's some exploration credits (that are going away). Some specific drilling tax credits. Every other tax credit/subsidy that people talk about (like write-offs or CCA's) are available for every single corporation.

They can get rid of those, then what?

Is the end-game for you guys for the government to tax, block actions (eg. drilling/expansion/pipelines) and basically choke our O&G companies to death so that we can usher in this new EV utopia?

My opinion is much more Libertarian. If oil companies can't adapt to the this new EV and TAAS economy, then they should go bankrupt. The government should not be forcing oil companies to close. It feels like that's what a lot of you guys are suggesting, albeit in a very indirect way, but maybe I'm wrong.
Regorium is offline   Reply With Quote