Quote:
Originally Posted by Cowboy89
I detest that the bolded is a semi-popular opinion among millennial Albertans. We're sitting on one of the world's largest deposits of energy (Oil, natural gas, etc.), directly bordering the world's biggest consumer of energy, and within reasonably short shipping distance from the other large consumers of energy and yet we're so f'ing stupid that we refuse to move heaven and Earth to fully realize the potential of the world's luckiest endowment of natural resource riches. Then people lazily dismiss this stupidity and rationalize it away and suggest that our economy should look past our built-in competitive advantage and lead the charge into areas in which the entire world can compete with us on almost equal footing.
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Ok, fine. My question is "why not both"? Seems like hedging is not a terrible economic strategy. Our current plan doesn't seem to be working very well.