Quote:
Originally Posted by Looch City
You would think a province which relies so much on the smarts of scientists and engineers to innovate and operate the oil and gas sector would maybe, MAYBE, be willing to spend more on the education of the future children that will be at the helm.
It's all so incredibly backwards.
How did we get here.
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I mean... if we were to ride the joke to competition, the answer is that the Oil and Gas sector know that Peak Oil is way sooner than they want the public to believe and their plan is to ride out the current generation of intelligence until the industry craters. No future investment is needed as that will just bleed $$ away from the profit bucket.
Also, "common sense" would tell us that when humanity passes peak oil demand and demand starts declining, the most expensive methods of extraction will be the ones to fail first under a contracting market.
At that point, if Alberta doesn't have a strong back up industry to fall back on, the whole province is going to become one of those ghost towns where everyone flees to other locales, the housing market crashes, and people, companies, and the whole province go bankrupt.