tag:blogger.com,1999:blog-32931256.post6807299327009324919..comments2024-03-22T05:20:44.167-07:00Comments on The Disaffected Lib: And So It Begins. Big Oil Wants Ottawa's Money for Well Cleanup.The Mound of Soundhttp://www.blogger.com/profile/09023839743772372922noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-32931256.post-12431574108177502552016-03-16T11:58:32.463-07:002016-03-16T11:58:32.463-07:00But with this statement,
"The whole ponzi sc...But with this statement,<br /><br />"The whole ponzi scheme of the developed world is to keep GDP growth increasing via a wealth effect."<br /><br />isn't he identifying our central problem?<br />Hughnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-84247934149130217392016-03-16T11:44:26.923-07:002016-03-16T11:44:26.923-07:00@ Bill. Yes that was in my mind when I first read ...@ Bill. Yes that was in my mind when I first read the article. We've already had the head of CP Rail pronounce the Tar Sands over, dead, never to return as we knew them or once projected in the future.<br /><br />As I understand it, Alberta levied a site remediation charge on the energy producers but it was a paltry 10% of actual projected costs. That led some, such as Andrew Nikiforuk, to warn that we were setting ourselves up for a situation in which the producers simply pull up stakes and go, leaving the clean up bill to the <br />federal and provincial treasuries.The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-78657262293691317922016-03-16T11:32:26.856-07:002016-03-16T11:32:26.856-07:00@ Linda. Thanks for your helpful insights. You hav...@ Linda. Thanks for your helpful insights. You have shone a valuable light on this matter.The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-1938478466160184742016-03-16T11:31:16.795-07:002016-03-16T11:31:16.795-07:00@ Hugh - sorry, but anyone who has to shout into a...@ Hugh - sorry, but anyone who has to shout into a microphone is of no interest to me. This is the sort of stridency so popular with American 'open-mouth' broadcasting that, collectively, has so powerfully misled, confused and inflamed so many Americans. I give this crap a pass.The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-73644108816073837612016-03-16T11:22:52.692-07:002016-03-16T11:22:52.692-07:00Wait till we get the bill to clean up the tar sand...Wait till we get the bill to clean up the tar sands.Bill Longstaffhttps://www.blogger.com/profile/15883751372039947365noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-37525551456437597282016-03-16T11:14:11.459-07:002016-03-16T11:14:11.459-07:00What else is new? They made billions with money fr...What else is new? They made billions with money from we tax payers to start them off and now we have to clean up their wells? I'll be dammed....what a good thing that is!! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-16902208351120368542016-03-16T10:28:41.839-07:002016-03-16T10:28:41.839-07:00I wondered what you thought of this:
Quote:
"...I wondered what you thought of this:<br /><br />Quote:<br />"The whole ponzi scheme of the developed world is to keep GDP growth increasing via a wealth effect."<br /><br />First 3.5 minutes:<br /><br /><br />https://www.youtube.com/watch?v=ovkTCVa50v4Hughnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-43766842141619137172016-03-16T00:43:43.733-07:002016-03-16T00:43:43.733-07:00These corporate leeches must be watched very caref...These corporate leeches must be watched very carefully. They are not talking about abandoned wells or reclamation. They're talking about using public dollars to shut in wells that aren't profitable for them to continue to operate. Unless government take back these wells industry will be back to suck out whatever will make THEM a profit under better financial circumstances. Or they'll get Alberta pay to shut them in and sell them to whoever can buy and hold for future production. Either way, we can rest assured that taxpayers lose and industry wins. As it has ever been. Anonymoushttps://www.blogger.com/profile/13241202803574222517noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-34195478136272547042016-03-15T20:38:54.690-07:002016-03-15T20:38:54.690-07:00Did you read how much money they need to clean up ...Did you read how much money they need to clean up the mess?..and I quote..<br /><br />"PSAC says there are 75,000 inactive wells in the province requiring downhole wellbore abandonment and surface reclamation. The cleanup could cost as much as $82 billion but current industry cash flow for 2016 is estimated at $26.5 billion, it stated"<br /><br />http://calgaryherald.com/business/energy/oilfield-services-group-asks-ottawa-to-fund-500-million-oil-and-gas-well-cleanup<br /><br />only $82 billion dollars needed for clean up...unfrickin believable..Grant Ghttps://www.blogger.com/profile/11944976348166120530noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-13369323602223894832016-03-15T19:34:37.635-07:002016-03-15T19:34:37.635-07:00ya, I'll get right on that. NOT ONE DIME FROM...ya, I'll get right on that. NOT ONE DIME FROM MY TAX DOLLARS. They made the mess they can pay to clean it up. If they don't, pursue them through the courts until hell freezes over.<br /><br />We have a lot of homeless to shelter, medical facilities to build, bridges to repair, etc. the oil business liked to keep the money they made, now they can keep the mess they created and deal with it themselves. They can rot in hell. e.a.f.noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-85146200476801047972016-03-15T18:07:09.233-07:002016-03-15T18:07:09.233-07:00so the job creators
that according to the same oi...so the job creators <br />that according to the same oil industry<br />got 34 billion in tax relief and grants over the last ten years<br />to create jobs and didn't <br />now needs 1/2 billion to do a job<br />they should have figured in to the cost of the job?<br />meanwhile 1/2 the value of most canadian companies just a year ago <br />was all cash in a company account they saidlungtahttps://www.blogger.com/profile/06526204597913219959noreply@blogger.com