Alberta Politics Thread v2

[Dion]

Originally Posted by GGG

You can’t give her any credit can you. She shown herself to be quite pragmatic and willing to listen to experts. If she did it because the UCP said to then she is dumb. She did it because ecists who are specialists in the field indicated that the harm caused by this approach is offset by the benefits

Yes I can and did give her credit. She set aside partisan politics and thanked the AB and UCP for their input on this matter. It's a refreshing and nice change to see 3 parties working together for the common good of the province. A shame it doesn't happen more often.

As for the experts I would think all parties an not just the NDP talked to them when formulating their ideas of how to approach the problem

[CaptainCrunch]

Originally Posted by GGG

You can’t give her any credit can you. She shown herself to be quite pragmatic and willing to listen to experts. If she did it because the UCP said to then she is dumb. She did it because ecists who are specialists in the field indicated that the harm caused by this approach is offset by the benefits

She specifically credited the UCP and Alberta Party for their part in the process and crossing partisan lines to give her their thoughts.

Its not about giving credit or not, it was a smart move on her part to listen to them.

[CaptainCrunch]

Originally Posted by GGG

10,000 barrel small producer exemption average based on previous six highest months of production. Forecast to improve diff by $4. So all producers make more under this arrangement. The losers are the integrated companies and refiners.

That was a smart move because the small producers are getting hammered, this gives them some incentive to hang on for another year until Line 3 comes fully on line and the rail cars come into play.

[GGG]

Originally Posted by Dion

Yes I can and did give her credit. She set aside partisan politics and thanked the AB and UCP for their input on this matter. It's a refreshing and nice change to see 3 parties working together for the common good of the province. A shame it doesn't happen more often.

As for the experts I would think all parties an not just the NDP talked to them when formulating their ideas of how to approach the problem

I misread your comment. my apologies I agree with you that this was a good example of all parties setting aside differences and listening to experts.

[GullFoss]

Originally Posted by Dion

Glad to see she followed through on the advice given to her by the UCP and Alberta parties.

The NDP was the first to suggest this idea...

[CaptainCrunch]

Originally Posted by White Out 403

Advice?

Yes she specifically pointed that out in her announcement.

https://twitter.com/user/status/1069401092155273216

[Dion]

Originally Posted by GGG

I misread your comment then. my apologies I agree with you that this was a good example of all parties setting aside differences and listening to experts.

No worries. That said I can appreciate where you may have gotten your original thoughts from.

[GullFoss]

Originally Posted by CaptainCrunch

Yes she specifically pointed that out in her announcement.

https://twitter.com/user/status/1069401092155273216

She's being polite. The NDP suggested the idea first. Kenny was against it at first, but after talking it over with his base, figured out it was a good idea.

[CaptainCrunch]

There were a couple of nice shots in the announcement


Basically she said that those who opposed the pipelines or want to hurt Alberta's Oil Industry can think about that when they're stuck at railroad crossings.


Also she specifically said that she hadn't had any discussions with Trudeau about the Rail Car purchase (The Liberals don't seem to be interested in helping there), but she'll bring it up at the Provincial leaders meeting next week.

[Dion]

Originally Posted by GullFoss

She's being polite. The NDP suggested the idea first. Kenny was against it at first, but after talking it over with his base, figured out it was a good idea.

I don't ever remember Kenney ever saying he'd be against that.

To be fair he did say and I think he's right to a point. A private sector solution would be the best but at the same time I didn't read into his comments where he wasn't open to the idea of cutbacks.

“Obviously a private-sector solution is preferable to government intervention,” Christine Myatt, a spokeswoman for Kenney, said in a statement Thursday. “All industry players have a shared interest in addressing the short-term oil glut in Alberta that is contributing to the price-differential crisis.”

https://www.bloomberg.com/news/artic...or-kenney-says

[CaptainCrunch]

Originally Posted by Dion

I don't ever remember Kenney ever saying he against that.

I don't either, he's been talking about production cuts for a while. He specifically said something to the effect that even though his instincts as a Conservative were to let the market handle it, he figured that the best move would be a I think 10% cut.

[GGG]

I’m interested to here Suncor, Imperial Shell comments as they are bearing the costs of this market intervention.

[Regorium]

Originally Posted by GGG

I’m interested to here Suncor, Imperial Shell comments as they are bearing the costs of this market intervention.

Can't say I like the solution at all.

Nobody came to their aid when oil was $100 and they couldn't fully capitalize on the upside. Having the government bail companies out for poor strategic decisions (like not investing to vertically integrate) just does not sit well with me.

This is coming from someone that's lost probably $50,000 from investing in Albertan producers in the last 5 years.

[Dion]

Kenney thanks Notley for allowing other parties to be involved in the process.

Sadly he uses his question and answer session with the press to attack Notley and Phillips. IMO this is not the time to score some political points.

https://twitter.com/user/status/1069407018157371392

[GullFoss]

https://www.bnnbloomberg.ca/alberta-...says-1.1169242

Nov 15 2018: The top rival to Alberta’s premier is signaling he doesn’t favor a government-mandated cut in crude oil production as Canadian prices hit a record low, saying he would prefer to see a market-based solution to the problem.

[CaptainCrunch]

Interesting he's calling for Saskatchewan to follow suite and cut production.


He wanted a 25,000 barrel exception.

[monkeyman]

This is the right decision. Oil and gas does not belong to the companies producing it, the government only grants them the right to produce it. as such, it's in the Alberta governments and the Alberta peoples best interest not to sell something that belongs to all of us at a loss.

[CaptainCrunch]

Originally Posted by GullFoss

https://www.bnnbloomberg.ca/alberta-...says-1.1169242

Nov 15 2018: The top rival to Alberta’s premier is signaling he doesn’t favor a government-mandated cut in crude oil production as Canadian prices hit a record low, saying he would prefer to see a market-based solution to the problem.

He doesn't favor it, he still doesn't favor it. Read the column that you posted.

“Obviously a private-sector solution is preferable to government intervention,” Christine Myatt, a spokeswoman for Kenney, said in a statement Thursday. “All industry players have a shared interest in addressing the short-term oil glut in Alberta that is contributing to the price-differential crisis.”

He goes on to talk about going to industry leaders to discuss.

Then in his opt ed piece on the 28th

https://calgarysun.com/opinion/colum...e-differential

Industry leaders tell me that they are burning through cash because the cost of producing and shipping our oil is higher than the price they get for it. That means cutting capital budgets and cancelling drilling over the winter, which would be a blow to service companies and their employees across Alberta.

If this giveaway of Alberta oil continues, we could face significant layoffs in an industry that is already reeling.

I have called on Alberta oil producers to voluntarily reduce production to deal with this crisis. Many have acted, cutting production by some 200,000 barrels per day. But a small number of companies are making big profits by shipping super cheap Alberta oil to U.S. refineries, and are not willing to follow suit.

So he tried to get the industry to follow a market solution of cutting production willingly but not everyone was on board.

So then

That is why I am calling on the Alberta government to curtail temporarily 10% of Alberta’s oil production, with an exemption for small producers, and a sunset clause so such limits don’t become permanent. Industry leaders are clear that doing so will not result in job losses, but continuing the current fire sale on Alberta oil will put thousands of jobs at risk.

In summery, he wanted production cuts, but he hoped that the market participants would do it for the good of the industry, when he didn't get consensus he called for a 10% cut.

[Dion]

Originally Posted by GullFoss

https://www.bnnbloomberg.ca/alberta-...says-1.1169242

Nov 15 2018: The top rival to Alberta’s premier is signaling he doesn’t favor a government-mandated cut in crude oil production as Canadian prices hit a record low, saying he would prefer to see a market-based solution to the problem.

See my revised post above yours

[GullFoss]

It’s going to be an interesting election because while so many of us have a distaste for the ndp, notley has shown herself to be a classy lady with real leadership skills and good judgement. Meanwhile, Kennedy is a petty man who just can’t help himself. I’ll probably vote ucp, but will take a long shower afterwards because it’s gonna make me feel real dirty doing so.