Yes the science is undeniable. Yet you are still a globull warming truther. What is it about leftys dogma and their denial of science?Two bits from the cheap seats: There are plenty of non-polluting uses for oil, but by far the biggest share of what comes out if the ground ends up getting burnt and that’s where the trouble comes from. The science behind GHG emissions and climate change is undeniable for all but the most stubborn holdouts, as the world moves toward drastically reducing the use of fossil fules as an energy source demand will drop, and as its product is among the more expensive to produce, Canada’s oil sands producers will feel the pinch first. The writing is already on the wall. Oilsands producers have been selling out for a few years now, with the remaining big boys gobbling up what they leave behind. If you take a close look at what these big boys have been up to it’s not hard to see their moves as an effort to squeeze every last drop out of this particular resource while they still can. Steady pressure from low oil prices and environmental concerns have push the timeline to realize a return on investment so far into an unsure future that we will likely not see any new projects, Fort Hills was the last big one and it is hanging on by its finger nails, bleeding funds from Suncor’s more profitable operations just to stay afloat. Trades are being hammered for lower wages, union outfits are being shown the door in favour of cheaper labour. Plant operations are being streamlined to increase efficiencies and lower expenses. Reclamation of mined out areas has slowed to the point where what remains is merely window dressing to placate environmentalists, you can bet that down thew road somewhere this will be left for the taxpayer to deal with.
The oilsands is on the downhill side of the curve, and all the Kenneys and O’Tooles on the planet cannot breathe life back into an industry that investors are running away from. Politics aside, follow the money to see what’s really happening. The gravy days are gone and they won’t be back.