Quote:
Originally Posted by Mr.Coffee
Truthfully layoffs at places like Suncor or TC are a HUGE black mark on industry at this stage. Oil companies for decades have been short sighted about laying people off. And you can kinda wrap your head around it if it’s the juniors or middle sized companies. But when you have a massively pro industry government and all the negative press about oil and gas and then 3 of the largest oil and gas enterprises do a pile of layoffs????? I mean... guys......... you have to be smarter than this.
Oil and gas has failed (and I mean use of the word has, because that is literally what’s happened- it’s over) because Canadian oil and gas was too arrogant and too ignorant to win the PR battle. And at the end of the day it was the MOST important thing. When we all look back in 50 years and this is the equivalent Blockbuster business case study in future textbooks, it’ll be about how an industry thought it was bigger than public opinion and then came to reality with it. For shame. Because this was a winnable battle when it mattered, about 10-15 years ago. Now? Way, way way too late. It’s over.
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We are simply in unprecedented times with the world pandemic, and the major companies must survive. If layoffs are essential, then so be it.
I disagree that the industry has not gone to great length to try and win over the public, and have failed. I believe presently 2/3 of Canadians feel that we should build pipelines to increase the sale of our oil and gas. IMO the main problem in the PR battle facing the industry is, and always will be, that trying to educate the public is futile, as the industry is far too complex.