Quote:
Originally Posted by fotze2
But at the same time, you see this absolute moronic commentary "oil companies cannot pay for their liabilities". Company A goes under so CNRL has to pay? WTF? They have set up an orphan fund to pay for their ####ty bros.
Does Humptys need to pay Galaxie Diners employees salary when they go out of business. F No. Your neighbor three doors down doesn't pay for his reno, now you are on the hook.
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Well, if you want to make your analogies fair...wouldn't the second one be more like your neighbour three doors down in a gloriously modern mansion is not paying for finishing a reno project he started in
your far less opulent house...after the government legislation allowed him to come into your house and rip the place up and you were not legally able to refuse?
I mean the trade off for the industry to collectively be able to make their massive profits operating on other people's land, whether the landowner consents or not, is that the industry collectively commits to make reasonable surface lease payments and then leave those landowners with properly reclaimed land when they are done.
It is probably the least objectionable regulatory requirement I can think of in the circumstances.