You Alberta Suckers !
- Thread starter Albertabound
- Start date
I know about Rockefeller dumping concrete down 15000 well heads in the 50's because Tommy the commie paid off the Saskatchewan debt to to Rockefeller banks. They still sit on the Bakken which is the biggest deposit known to man so what does it matter to them?
You sound bitter.
You also sound like you have no idea how companies are funded or internally operated or controlled.
You rant and duck and weave but the fact that you have no idea about what you are talking about.
Very little of it makes sense.
You cannot refute factually a single thing I say.
No wonder people here think you are a troll.
Trex
When Iraqi Majnoon oil production hits 3 million barrels a day from it's current 300,000 both SK and AB can kiss their asses good bye because they will no longer be able to compete in the oil business. We already give the **** away just so we can have jobs processing it. Will we be paying companies to keep the taps open or shutting down.
That is the AB SK oil future. Are you ready to lose it all to Iraq?
That is the AB SK oil future. Are you ready to lose it all to Iraq?
Whoops.
Redo.
Trex
Quote
The work I followed is not in oil and gas any more. Just work in general.
Have you looked world wide my friend.
Unquote.
Actually my area of expertise is the international energy game and while I live in Canada I have spent the past 18 years working internationally.
It's what I do.
And I almost certainly have forgotten more than you will ever know about international O&G operations costs, regulation, requirements and so on.
Quote
At no point did I state that Sask. was higher or as high.
Unquote.
Did you write this: Alberta has among the lowest royalty rates in the world when it comes to oil.
Or not?
Quote
As it should be for God's sake you have the 2 largest oil reserve in the world. Quit giving it away. If the oil companies want it, they will pay for it. Do you really think they would just wake away from the 2nd largest oil reserve in the world. Do what you want ...give it away re-elect...I could give a rat's a## what you do. I just think you are all very stupid to think it is because of royalty increases that unemployment jumped in Alberta. It was called a reccession and it started in 2004 around the time that job numbers started to decrease.
Unquote.
Bah Blah Blah.
More noise from someone who has no clue.
The reserve size has nothing to do with production costs.
It has nothing to do with royalty rates.
Or profitability (although potential profitability certainly increases with reserve size)
Quote
And as far as the publicly traded company thing goes. The day "you" decide what "your" publicly traded company does and when "you" can dictate what and when they do things you come back to me and tell me how public it is and that "you" own the company. "You" don't decide sh#t. Yes these companies are working in Saskatchewan but they are also making less money than they did in Alberta. Just as most of the construction companies are also working here and again for break even revenue, just to keep their guys working. You have no idea how many Alberta construction companies bid and won jobs here because they made sooo much in alberta that they can work for bread even bids just to keep working. A Saskatchewan company can't do that because they never made a piss pot full of cash in the past 10 years working for fat cat oil companies in Alberta.
Unquote
You sound bitter.
You also sound like you have no idea how companies are funded or internally operated or controlled.
You rant and duck and weave but the fact that you have no idea about what you are talking about.
Very little of it makes sense.
You cannot refute factually a single thing I say.
No wonder people here think you are a troll.
Trex
Redo.
Trex
Quote
The work I followed is not in oil and gas any more. Just work in general.
Have you looked world wide my friend.
Unquote.
Actually my area of expertise is the international energy game and while I live in Canada I have spent the past 18 years working internationally.
It's what I do.
And I almost certainly have forgotten more than you will ever know about international O&G operations costs, regulation, requirements and so on.
Quote
At no point did I state that Sask. was higher or as high.
Unquote.
Did you write this: Alberta has among the lowest royalty rates in the world when it comes to oil.
Or not?
Quote
As it should be for God's sake you have the 2 largest oil reserve in the world. Quit giving it away. If the oil companies want it, they will pay for it. Do you really think they would just wake away from the 2nd largest oil reserve in the world. Do what you want ...give it away re-elect...I could give a rat's a## what you do. I just think you are all very stupid to think it is because of royalty increases that unemployment jumped in Alberta. It was called a reccession and it started in 2004 around the time that job numbers started to decrease.
Unquote.
Bah Blah Blah.
More noise from someone who has no clue.
The reserve size has nothing to do with production costs.
It has nothing to do with royalty rates.
Or profitability (although potential profitability certainly increases with reserve size)
Quote
And as far as the publicly traded company thing goes. The day "you" decide what "your" publicly traded company does and when "you" can dictate what and when they do things you come back to me and tell me how public it is and that "you" own the company. "You" don't decide sh#t. Yes these companies are working in Saskatchewan but they are also making less money than they did in Alberta. Just as most of the construction companies are also working here and again for break even revenue, just to keep their guys working. You have no idea how many Alberta construction companies bid and won jobs here because they made sooo much in alberta that they can work for bread even bids just to keep working. A Saskatchewan company can't do that because they never made a piss pot full of cash in the past 10 years working for fat cat oil companies in Alberta.
Unquote
You sound bitter.
You also sound like you have no idea how companies are funded or internally operated or controlled.
You rant and duck and weave but the fact that you have no idea about what you are talking about.
Very little of it makes sense.
You cannot refute factually a single thing I say.
No wonder people here think you are a troll.
Trex
Nobody is sitting on the Bakken.
I was doing geophysical work on Bakken wells 30 years ago.
And it is a medium sized reservoir by international standards.
And tighter than hell.
The new multistage fracs will get a lot of it back on the pump.
But really, its no biggy.
Trex
I'm going up to fort mac next week or the next one,all new equipment,all new employees(mostly from Newfoundland)and a very long contract so Alberta's not going to shi* allthough it was a bad last year.
Plus theres new development that just got the green light so I dont know where ya get your info from.
Absolutely, being an eternal optimist I still think with the oilsands we can have the best of both worlds- benefit from the jobs and I believe the technology is available that they can be operated without undue harm to the environment.
So you tell me then. Is it because the recession here in Canada is drawing to a close or is it because Ed lowered the royalty rates?
Being an owner of these companies, when you start making decisions as to when and where these companies work, you come back and let me know. You have money invested in these companies, you do not dictate what they do in any form or fasion. If you people really think the oil companies...oh sorry ...your oil companies would have walked away from all the infrastructure and investments they have already made into Alberta over some piddly royalty rates when they are making 3 billion..$3,000,000,000 per quarter not per year per quarter and when it hits $150/barrel 6 billion per quarter, then I guess that's your decision. It's your province that will be hurt in the end by the means of hospitals and schools and everything else that the oil royalties would have paid for.
Why is it every time on this forum that a point is made, that that person sounds bitter. Is that all you have for a come back....you sound bitter.
Actually I am just stating some facts. What I do know about these companies is that "you" do not internally operate or control these companies so stop talking like you do just because you have some mutual funds with them in it. And ;yes now that the U.S. has conquered and destroyed a country for their oil (the only reason they went there) they will now be able to rape and pillage it for their oil and all the world is happy again....at least the Americans are....not too sure about the Iraqis that are all cancered up from the depleted uranium.and live in a state of dissary ever since being invaded.
Coincidence.....Iraqi oil reserve is ready to go online.....time for the US to pull out of Iraq.....must be just coincidence.....but hurray! they can now vote.
It was expansion of activities that was in question; not the operations themselves.
Many/most of those companies are public. Buy common shares and vote.
Don't think for one moment that the mutal funds don't use that to represent the interests of themselves and investors
Because your assertion is too oversimplified.