You can get credit for oil that is still in the ground. You can't get credit without knowing what is there. In a glut you use the cheapest product you have access to. You also use the existing infrastructure rather than upgrading anything. The gov should max out on social programs as the next jobs to be cut will include them.Hard to believe that someone would go to all the trouble of producing so much of something prior to figuring out how to move it.
I am not economist but it would seem to me you should do the planning before you do the development.
It's almost like they thought getting the pipeline would be a non issue.
Oil in the ground should probably stay there. <<<<<
Alberta's problem - and let's be honest this is all about Alberta's problem - is that oil and gas are in decline.
While it makes sense to Alberta to keep selling it as long as they can - BC will do the same with theirs - as a long term investment oil and gas are not what you want to get into.
Renewables and alternatives are the future.
What about uranium?
Hundreds of jobs cut, dividends slashed as Cameco shuts 2 Sask. uranium sites - Saskatchewan - CBC News
Deader than oil.
Well the future isn't here yet, and the next great energy source isn't here yet as well, so until then we will be pumping Oil, and while we are pumping Oil there are profits to be made by anyone that wants to be apart of it. If you do not want to be apart of the Oil/Gas crowd good get off your High Horse and ride your Lithium bomb.
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Volvo Super Truck
70% increase in fuel efficiency through dozen of innovations
renders current semis obsolete.
Needs 70% less fuel.
When perfected the waste heat recovery system will probably eliminate the fuel requirement altogether.
But don't worry. That might take 3 years.
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Volvo Super Truck
70% increase in fuel efficiency through dozen of innovations
renders current semis obsolete.
That the place with more AB plates than BC plates?? Guess what happened when they weren't looking?Take a drive up the Coq. and see for yourself the pipeline expansion in progress .
He does not realize that there is such a thing as a north east B.C. oil patch .
He does not realize that there is such a thing as a north east B.C. oil patch .
Alberta's problem - and let's be honest this is all about Alberta's problem - is that oil and gas are in decline.
Oil in the ground should probably stay there. <<<<<
Alberta's problem - and let's be honest this is all about Alberta's problem - is that oil and gas are in decline.