Quote:
Originally Posted by guzzy
The main problem is we are quickly pricing ourselves out of our own province. When boiler makers and pipefitters are asking for 27% over 3 years and welders in GP just stopped welding until they were given $110 an hour instead of $85 it shows what type of shape the economy is in. The thing people like this don't realize is that pretty soon there will only be the oil sands and we will all be working in Fort Mac. Natural gas is on the decline. The oilsands are just starting off. The problem is that not everyone wants to work up in the mac but everyone wants to be paid like they are.
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This is true, and a little bit scarier because the royalties that we (the province/people) receive on gas are about double what we get on oil. That being said, everything is cyclical....its not a reason to panic at this point.