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Originally Posted by Red Mile Style
Every thing you're saying here isn't fact.
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Wow, yet you say (and other tidbits along the line...):
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Originally Posted by Red Mile Style
Plus, if I remember correctly (and it's completely possible that I am making this up) the administration of this fund is wonky.
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Talk about pot and kettle.
And as for your clearly misinformed viewpoint of your NOP...
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Originally Posted by Red Mile Style
It's called the National Oil Program (NOP), and basically it will nationalize the oil industry so the people can get the profits instead of big oil.
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How many union pension funds or people RRSP's are invested into "big oil" that are reaping the rewards of the profits? Hmmmm? PEOPLE get the profits no matter how you look at it. Your perspective is absurd at best.
And btw, if you think Alberta is doomed after the oil runs out, think again. Ever hear about
geothermal? Yeah, that concept of drilling holes down to cycle warm water up to generate electricity. Even as we speak this technology is growing and with all the pin pricks we have in the Earth here we are set for life once we start converting dead wells. The HARD part about doing this is the drilling which has already happened! Thanks to "big oil"....
The potential of tapping that source is in the hundreds of trillions of dollars. ALL CLEAN, GREEN energy.
I am surprised you consider yourself so green and don't know of this potential goldmine that will be developed over time.