Quote:
Originally Posted by Bring_Back_Shantz
Well you probably could if you wanted to, but you better clear it with the wife first.  |
I keep thinking of RedMileStyle, who described herself as not very likeable in real life in the Venezuela thread, as slatternly "Joy" from "My Name Is Earl . . . . . ."
I apologize for my earlier flummox and suppose I should attack her for something she actually DID say . . . like this:
The US just told Alberta to up their oil production five-fold.
That's factually not true. It was Canadians who set the five-fold increase target in 2004 in the Oilsands Technology Roadmap:
http://www.acr-alberta.com/Projects/...gy_Roadmap.htm
Alberta could pretty much dictate to the oil companies what they want them to do. How much they want them to drill, where, when, they could even tell them that they have to start building an infrastructure for green energies if they wanted to.
To a point.
The more roadblocks that are erected, the more governmental control that is exerted, the more likely it becomes that investment dollars begin to disappear, that projects are stalled or put on hold and, eventually, the more likely it becomes that shortages in the product in question might develop.
The textbook case in that would be American energy price controls in the 1970's and 1980's.
At the moment, some might say that lesser activity might actually be a good thing given the over-heated frenzy we're seeing in Fort McMurray . . . . . but the depth of your comment and your apparent wide-eyed agreement with nationalization in Venezuela would seem to indicate a large amount of interference that would probably stall things altogether, a disaster one can see coming a Red Mile away.
The relationship between governments and business is symbiotic . . . . each requires the other. The weight on government is finding that point where it doesn't stifle investment and initiative.
Cowperson