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Originally Posted by blender

There is some good discussion here by some people who are obviously experienced in the energy industry and have a good grip on the economics surrounding it.
That said, I think it is important to bear in mind the fact that whatever we think about Canada's energy industry historically is irrelevant. The world isn't changing; it has already changed.

It sucks for a lot of places without diversified economies and the fallout will be measured in human terms as usual. But wanting it to be the way it used to be and blaming politicians is a waste of time. Politicians don't care. If they did they wouldn't be closing the group home Molsoninbothhands' brother lives in and blaming other politicians for not building a pipeline...or whatever.

Canada will persevere. I saw the city I live in go from a one horse pulp mill town to a thriving education, tech and knowledge, tourism center in just over a decade and become one of the best places in the world to live while the historical local industry basically collapsed. There were plenty of doomsayers the whole time. We even said #### you to a proposed mine that was supposed to be our only economic hope because most of us thought it was too close to the city. Surprise, surprise. Economy seems to be continuing on just fine. I don't even think the political leadership here has been particularly good, but the people are good and hard working and respect each other and the institutions around us are all sound.

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