Alberta Politics Thread v2

[DJones]

Originally Posted by iggy_oi

Djones, in these low paying or work for free type jobs that your talking about that provide training for future better paying jobs, have you ever seen a person get injured while working those jobs?

They're under the table for the most part so ya. Getting hurt would suck. I wasnt on wcb or ei

[para transit fellow]

I am having trouble understanding why the alternative to a $15/hr minimum wage is a six month unpaid internship

[Resolute 14]

Originally Posted by GordonBlue

you keep saying people should work for cheap or free to get experience and better job skills.

how is someone supposed to support themselves doing so?

not every teenager is living at home, supported bytheir parents.

I bet a lot of people here were like me, on their own at 18/19 and more worried about making rent than offering to work for cheap (or free)

So the question is, why are we overpaying the overwhelming majority of teenagers for menial labour rather than using the social safety net to support the minority of teenagers in such situations?

[GGG]

Originally Posted by Resolute 14

So the question is, why are we overpaying the overwhelming majority of teenagers for menial labour rather than using the social safety net to support the minority of teenagers in such situations?

This applies to all minimum wage earners not just youth. A differential wage incentivizes the hiring of kids who as you say the majority of which dont need the money.

[Resolute 14]

I honestly don't see the problem with that. The point of jobs like that is to learn the value of earning money and how the working world works. It's the kind of role that should be incentivized to hire kids.

For able adults, we should be prioritizing ways to advance into other job areas.

[Bunk]

I don't mean to alarm anyone, but Western Canadian Select plummeted 30% today and is now at $18 a barrel. Basically worthless.

[Fuzz]

That's not good.

[Weitz]

Made more money when oil was at $31 barrel.

Just pathetic.

[nik-]

Stop worrying guys. That social license is going to kick in any day now.

[DiracSpike]

Originally Posted by Bunk

I don't mean to alarm anyone, but Western Canadian Select plummeted 30% today and is now at $18 a barrel. Basically worthless.

People should be alarmed. The fact that we're forcibly subsidizing US interests should be leading the news every night until reasonable people get the message.

[chedder]

Originally Posted by Bunk

I don't mean to alarm anyone, but Western Canadian Select plummeted 30% today and is now at $18 a barrel. Basically worthless.

I thought when I saw this earlier it was a mistake or a glitch. How can it drop that much in one day?

[Envitro]

Holy crap, that's ####ed

[you&me]

Originally Posted by chedder

I thought when I saw this earlier it was a mistake or a glitch. How can it drop that much in one day?

If you have one customer for your product and they decide that's all they want to pay, what else can you do?

[llwhiteoutll]

Originally Posted by chedder

I thought when I saw this earlier it was a mistake or a glitch. How can it drop that much in one day?

The mainline break in BC is forcing refineries to really scale back, or even idle, productions. No demand means that the price craters. At the same time, it will increase refined prices in BC

[Lubicon]

Originally Posted by llwhiteoutll

The mainline break in BC is forcing refineries to really scale back, or even idle, productions. No demand means that the price craters. At the same time, it will increase refined prices in BC

That was a Enbridge gas line was it not?

But $18/bbl is extremely worrysome.

[Fuzz]

Down to $16 now.


https://oilprice.com/oil-price-charts

[The Fonz]

Trying to find a silver lining here...

Maybe this is something that needs to happen for this country to pull it's head out of it's ass? Without oil propping up our economy, and paying for so many of the social programs that the far left enjoy so much, perhaps that'll be a light-bulb moment for them.

Or they'll just find a way to resent it even more.

[FireFly]

Originally Posted by The Fonz

Trying to find a silver lining here...

Maybe this is something that needs to happen for this country to pull it's head out of it's ass? Without oil propping up our economy, and paying for so many of the social programs that the far left enjoy so much, perhaps that'll be a light-bulb moment for them.

Or they'll just find a way to resent it even more.

Well the silver lining is that other countries are getting richer with their $80/barrel oil. So that's nice. For them.

[puckedoff]

The real pain will come in a year or so - as other countries are experiencing a high oil price, they are starting to invest capital in production growth again, and increasing their Cap Ex budgets (as the prices in their jurisdictions support the economics).

What we will see is the increased production elsewhere (US & international) will lead to the next price slump, and woe is us if our differential price is still in the 40's when global prices come back down to the 40-60 range.

[llwhiteoutll]

Originally Posted by Lubicon

That was a Enbridge gas line was it not?

But $18/bbl is extremely worrysome.

It was, but when your refinery needs a constant input of natural gas to run, you can’t really do much when that supply is cut off.