The Alberta government sees a silver lining in the Covid-19 lockdown.
With social distancing measures in place, pipeline opponents would find it hard to gather for protests, which makes this the perfect time to build a pipeline, Alberta’s Energy Minister Sonya Savage said on a podcast by the Canadian Association of Oilwell Drilling Contractors.
"Now is a great time to be building a pipeline because you can't have protests of more than 15 people. Let's get it built," Savage said as quoted by Bloomberg.
The minister went on to say, "People are not going to have tolerance and patience for protests that get in the way of people working," adding, "People need jobs, and those types of ideological protests that get in the way are not going to be tolerated by ordinary Canadians."
.. In all fairness Mound.. the 'talent pool' is far beyond dismal..
all the way to the top.. and that includes Stephen Harper & a chinchilla
Well, this is moronic. Or suspicious. Alberta will have to pay companies by the barrel to use these pipelines, because there's no longer any profit in bitumen.
These sorts of projects are quickly becoming ways for companies to cash out by means of government handouts. A sort of bailout without calling it such.
I confess not to understand it, Sal. Perhaps they know something we don't. They may believe $100 barrel oil will be back.
Troy I think there's a lot of double-dealing in play across the oilpatch at the moment. Nikiforuk, in his latest piece in the Tyee, writes of the flush-through underway where shell companies are being used to buy a portfolio of lousy wells. They go bankrupt, handing the wells to the Orphan Wells organization. Then the original owner steps in and picks up the few performing assets for a song. All the losses are handed to the taxpayers.
In more detail on Savage, and it's even worse than what Oil Price printed.
They may believe $100 barrel oil will be back.
Wow, a 99% subsidy.
Troy I think there's a lot of double-dealing in play across the oilpatch at the moment
The understatement of the year.
That said, just how many previously failing businesses are cashing in on the taxpayer for not just survival but prosperity?
I have hunch that history will judge this as the capitalist bailout that defines an era , or the end of one??
May as well invest in buggy whip makers. At least they'll find some used at the Stampede - oh, sorry, that's been cancelled.
Yeah, it's a Stampede-grade shit show, to be sure.
Harper is smart but his zero EQ handicapped him.
Kenney and his low-empath crew ain't smart and can't even stick to the basic game plan of the 'shock doctrine': stealth.
400 protester standing in front of a bulldozer catch your eye. $00 protesters marching around the Alberta sludgislator would be even more impressive. I am confident the protesters are smarter than Savage, Kenny et al.
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