Oil Money

Trex

Electoral Member
Apr 4, 2007
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31
28
Hither and yon
Norway has just announced that every man, woman and child in Norway is a "Crown" millionare.
That works out around $160,000 USD for every single person in Norway.
And every penny of that money comes from oil and gas revenues.

Norway unlike Canada drills anywhere that could possibly be an oil or gas reserve.
As quickly as possible.
And they build piplines and tanker terminals completely at their convienence as pretty much all of Norways oil is drilled for export.
And their first nations (Sammi) do not seem to obstruct development nor infrastructure.
Nor does the general public tolerate the rantings of the green-weenies like Suzuki
It seems in Norway the lemmings, salmon, polar bears and whales have learned to live with the fleets of supertankers.

Canada's Development Agency (Dept of FA,T and D) and the Province of Alberta estimate that the net investment for pending O & G energy projects in Canada
is 3 Trillion dollars over the next 15 to 20 years.
3 Trillion dollars and that is just for what's on the todays books.
That is a lot of jobs.
That is a ton of tax base for the Fed's.
And that is a lot of transfer payments to the provices for schools, health care and the like.

One of the worst mistakes Canada made was not moving forward with the Mackenzie pipeline project decades ago.
A combination of green-weenies, first nations, huge development costs and alternative gas sources killed the project.
And now every single reserve, band and community along the proposed pipeline route rues the loss of the project.
An all weather road to Tuk, improved and expanded schools and clinics in all the communties along the route.
Infrastructure and support services would have allowed tourism and developing infrastructure ( and probably a port) to flow into the high arctic.
And of course, jobs, lots and lots of jobs.
The arctic communties missed that bus and that ship has long since sailed.
PM Harper has announced Inuvik to Tuk roadwork to commence at taxpayers expense.
As versus what would have been massive road and infrustructure construction that could have been on the oil company dime.

Every one you miss, you are one down.
Time to smell the crude.
 

bill barilko

Senate Member
Mar 4, 2009
6,086
596
113
Vancouver-by-the-Sea
It seems in Norway the lemmings, salmon, polar bears and whales have learned to live with the fleets of supertankers.

Whoever wrote the POFS article is so FOFS it's not even funny.

Norway dropped billions into developing Salmon aquaculture-at the cost of their own wild Salmon stock which is close to being completley extirpated-because of diseases which originated in the same net pens they spent so much money inventing.

As to Polar Bears they are found only in Svalbard and appear to be starving to death

The ignorant and completley wrong assertions about the Sami are just that-pig headed nonsense from propaganda pukers who would make Joseph Goebbels hair stand on end with their slimy lies and utter falsehoods.

If this is all you have to contribute to this board I predict your stay here will be nasty, brutish and short.
 

gerryh

Time Out
Nov 21, 2004
25,756
295
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If this is all you have to contribute to this board I predict your stay here will be nasty, brutish and short.


Considering Trex has been here 2 years longer than you already, I'd say your prediction is just so much horse shyte, but, I know you are very familiar with spreading that around.
 

thinkboutit

New Member
Dec 15, 2013
14
0
1
You forgot to mention the oil and gas industry in Norway pays among the most in royalties. In Canada they pay the least.
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
Just because one nation does whatever it pleases does not mean we have to.
Yes there are greenies and Natives and others who have concerns. Its called
democracy. See in a democracy the majority rules however in a true democratic
state the will of the minority is also respected. We are not Norway.
In this country the Natives have rights To make matters worse we gave them the
land the oil reserves are on and stole the rest for ourselves. Now of course we
are kicking ourselves cause we gave them the land the riches are on.
 

gerryh

Time Out
Nov 21, 2004
25,756
295
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As per your SOP your comments are barely worth the paper they're written on-but don't let that stop you-it certainly hasn't to date.


Riiiiiiiight, this coming from the idiot that made the following comment about a user that has been a member for longer than he has.

If this is all you have to contribute to this board I predict your stay here will be nasty, brutish and short.


sucks when you're "hoisted on your own petard" doesn't it.
 

bill barilko

Senate Member
Mar 4, 2009
6,086
596
113
Vancouver-by-the-Sea
We are not Norway.
Thank god for that there are some squareheads here but not that square.


In this country the Natives have rights To make matters worse we gave them the
land the oil reserves are on and stole the rest for ourselves. Now of course we
are kicking ourselves cause we gave them the land the riches are on.

Yes but there are still trinkets to trade-natives love shiny things.

~~~~~~~~~~~~~

I note the 'usual suspect' doesn't dare take issue with any of my responses to the OP-that's because he suspects I'm right and the usual personal attacks he's infamous for suffice for debate.
 

Trex

Electoral Member
Apr 4, 2007
917
31
28
Hither and yon
Whoever wrote the POFS article is so FOFS it's not even funny.

Norway dropped billions into developing Salmon aquaculture-at the cost of their own wild Salmon stock which is close to being completley extirpated-because of diseases which originated in the same net pens they spent so much money inventing.

As to Polar Bears they are found only in Svalbard and appear to be starving to death

The ignorant and completley wrong assertions about the Sami are just that-pig headed nonsense from propaganda pukers who would make Joseph Goebbels hair stand on end with their slimy lies and utter falsehoods.

If this is all you have to contribute to this board I predict your stay here will be nasty, brutish and short.

Your debating skills appear to be terrible.

What does Norway's Salmon aquaculture have to do with Norway's O&G industry.......perhaps exactly nothing?
I suggest starting your own thread about Salmon farming and seeing if you can get Tonnington to debate with you about it.

Norway has a large population of polar bears (over 3000) that roam the pack ice over a wide area.
The island chain of the Svalbard's seems to be the land based center of the bears range and in any case you can bet Norway will both drill and pipeline in those
surrounding waters as they see fit.
For every starving polar bear story I read I seem to be able to find another story stating the bears are fine.
I remember Canada's starving bear stories a few years ago that were followed by increases in Canadian bears.
In any case Norway seems to be quite comfortable drilling up their ocean floor as rapidly as possible, bears, whales whatever.

As to the Sammi your link is pretty lame.
It references to some reindeer herders objecting to O&G developments in Norway, Russia and Alaska
The Sammi are doing just fine in Norway and I pray Canada manages to work out an arrangement with it's first nations similar to the one Norway
has with the Sammi.
What really pisses off the Sammi in Norway is when the green-weenies try to smack another supposedly green hydroelectric dam in their traditional herding areas and flood their rangelands.
Many of the Sammi work in Norways O&G industry which pays extremely well.

Canada needs to follow in Norway's footsteps as quickly as possible in egards to O&G development.
Norway is a small country with the highest standard of living in the world (and GDP).
And it is all on the back of oil.

If a small country like Norway can pull off massive offshore drilling operations, pipeline operations and supertanker fleets in its pristine northern waters why can Canada not do the same?
Time to smell the crude.

You forgot to mention the oil and gas industry in Norway pays among the most in royalties. In Canada they pay the least.

And that is completely false.
Canada has O&G projects in every province and territory with the possible exception of PEI.
Every one of those provinces and territories "owns" the oill and gas and those provinces both set and adjust the royalty rates as they see fit.
Obviously the rates vary wildly on a case by case, province by province basis and as a function of the economy and O&G world prices.

In the USA oil and gas is usually "owned" by the local landowner ( surface rights) and any royalty rates can be set by the landowner as they see fit.
State owned lands have royalties set again on a case and industry based basis.

Norway is like the Province of Alberta in that it "owns" the O&G and charges whatever royalties it wants.
Most of Norways drilling is done by Statoil their state owned O&G company.
Charging Statoil high royalties would be stupid because Norway would be charging high royalties against itself.
Statoils royalties are just an internal line item bookeeping charge.
Foreign O&G companies operating in Norway again are charged royalties as Norway sees fit.

In the middle east and the far east a large chunk of the royalty rates are considered state secrets and are unreleased by the state.
The rates do leak out, on occasion, as released by the various operating multi national O&G corps.
The rates vary wildly.
 

bill barilko

Senate Member
Mar 4, 2009
6,086
596
113
Vancouver-by-the-Sea
Your debating skills appear to be terrible.

Thanks for the Oh-So-Average input!

What does Norway's Salmon aquaculture have to do with Norway's O&G industry.....
Read what I posted-staggering amounts of O&G revenue was invested in developing Salmon aquaculture-before that windfall none gave the idea of raising slugs in stinking filthy netpens a second thought.

The squareheads in all their wrong headed goodness decided to save the planet by feeding the unfortunates and the resulting monumental screwups have led us to the point where wild Salmon in North America are threatened by disease from netpen idiocy.

Maybe I was bit hard on you in my first post I realise now your knowledge of the whole oil money benefit subject is limited at best.
 

Trex

Electoral Member
Apr 4, 2007
917
31
28
Hither and yon
Thanks for the Oh-So-Average input!


Read what I posted-staggering amounts of O&G revenue was invested in developing Salmon aquaculture-before that windfall none gave the idea of raising slugs in stinking filthy netpens a second thought.

The squareheads in all their wrong headed goodness decided to save the planet by feeding the unfortunates and the resulting monumental screwups have led us to the point where wild Salmon in North America are threatened by disease from netpen idiocy.

Maybe I was bit hard on you in my first post I realise now your knowledge of the whole oil money benefit subject is limited at best.

So that’s it Bill ?
You have rebutted nothing I have said and simply lurched off into insults and a strange unrelated rant about fish farms.

My point is this:
Norway is much smaller than Canada and yet it has successfully drilled up every O&G play it can find in stormy Northern and Arctic seas.
It has run pipelines every where it sees a need.
And it has managed fleets of supertankers in its waters.
And it still has fish, whales, polar bears and god knows what all else thriving away.

Norwegians have the highest standard of living in the world, the highest GDP(pp) in the world and are one of the happiest nations in world.
In short they are doing just great, and it's all because of oil exports.

And in regards to my knowledge about oil money,
My knowledge of the O&G industry allowed me to travel the world extensively as a consultant (including Norway).
And then retire after winding down my consultancy for a few years in my late 40's.
I even got to train a few Norwegian engineers on how to do things.
So obviously I see no reason why Canada could not succesfully develop it's own resources.
Smell the crude Bill, wake up and smell the crude.
 

Retired_Can_Soldier

The End of the Dog is Coming!
Mar 19, 2006
12,609
1,507
113
61
Alberta
I think it would be a miscarriage if I didn't bring a third angle into this hot topic of O&G and Salmon Farming.

Norwegian Women are smoking hot.
 

bill barilko

Senate Member
Mar 4, 2009
6,086
596
113
Vancouver-by-the-Sea
As it happens I meet Norwegians through work regularly-never met a Happy one nor one with any money to spare-the govt has the money and keeps prices high to keep the people in line.

Never met a good looking squarehead woman either but there must be a few dozen somewhere-the one had some amazing perfume that smelled like both flowers and fresh baked bread-quite the combination.

If I have time I'll put up my favourite squarehead story from when I worked in retail.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,342
113
Vancouver Island
Whoever wrote the POFS article is so FOFS it's not even funny.

Norway dropped billions into developing Salmon aquaculture-at the cost of their own wild Salmon stock which is close to being completley extirpated-because of diseases which originated in the same net pens they spent so much money inventing.

As to Polar Bears they are found only in Svalbard and appear to be starving to death

The ignorant and completley wrong assertions about the Sami are just that-pig headed nonsense from propaganda pukers who would make Joseph Goebbels hair stand on end with their slimy lies and utter falsehoods.

If this is all you have to contribute to this board I predict your stay here will be nasty, brutish and short.

Speaking of FOS look who dropped in.

You forgot to mention the oil and gas industry in Norway pays among the most in royalties. In Canada they pay the least.

They also don't have to sell at a discount because they have ready access to world shipping while Canada, as usual is stuck with a domineering US market.

Thanks for the Oh-So-Average input!


Read what I posted-staggering amounts of O&G revenue was invested in developing Salmon aquaculture-before that windfall none gave the idea of raising slugs in stinking filthy netpens a second thought.

The squareheads in all their wrong headed goodness decided to save the planet by feeding the unfortunates and the resulting monumental screwups have led us to the point where wild Salmon in North America are threatened by disease from netpen idiocy.

Maybe I was bit hard on you in my first post I realise now your knowledge of the whole oil money benefit subject is limited at best.

More BS. you are going to have to borrow BL's Bull$hit Man costume.
 

gerryh

Time Out
Nov 21, 2004
25,756
295
83
As it happens I meet Norwegians through work regularly-never met a Happy one nor one with any money to spare-the govt has the money and keeps prices high to keep the people in line.

Never met a good looking squarehead woman either but there must be a few dozen somewhere-the one had some amazing perfume that smelled like both flowers and fresh baked bread-quite the combination.

If I have time I'll put up my favourite squarehead story from when I worked in retail.


WOW, just wow.