Province’s oil curtailments means layoffs
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Did anyone not expect this? The companies are not going to pay workers that they don't need to produce the reduced amounts of oil. And naturally our government will blame the companies, and not admit that their policies led to the layoffs.
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Perhaps the reason the east does not want pipelines is to keep the west from wielding more political power & keeping it in the east. After all, our Prime Minister in 2010 has publicly stated when asked whether he thought Canada was "better served when there are more Quebecers in charge than Albertans," Trudeau replied, "I'm a Liberal, so of course I think so, yes. Certainly, when we look at the great prime ministers of the 20th century, those that really stood the test of time, they were MPs from Quebec. There was Trudeau, there was Mulroney, there was Chrétien, there was Paul Martin. We have a role. This country, Canada, it belongs to us." told interviewer Patrick Lagacé.
Here in french I was always under the impression Canada was east and wet as a whole but I guess not. |
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"Short term pain for long term gain" We now have Western Select prices that are very near WTI, not $12 /bbl oil. We were giving our oil away to dem Americans before the production restrictions were put in place. Well done Notley!
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Unfortunately we are stuck in a crappy spot with Ottawa manipulating us and theres not alot we can do. Even if Kenney gets elected hes powerless. He knows that more then Notley even does. He'll throw around a bunch of rhetoric and make it sound like he cares. And in the background he'll keep manipulating us while he takes a skim off of everything. Atleast Notley and her motley crew attempting to invest in our province. |
I said it once, I said it twice, I will say it again.
Alberta Infrastructure Tax on Non resident income. WHY??? Provincial Income Tax is being paid in BC, Ontario, Quebec, on income earned in Alberta. I could walk naked down Jasper Avenue painted green with Neon Signs on my head trying to point out the fact that the VERY PROVINCES THAT ARE WRECKING ALBERTA ARE TAKING THE BENEFIT OF ALBERTA WAGES EARNED BY THEIR CITIZENS, but no one will listen. Cutting production from Alberta will do little for marketing Alberta Oil at World Prices, when Eastern Canadians themselves would rather buy foreign Oil at World Price over getting discounted ALBERTA OIL. Eastern Canada knows that the "Carbon Footprint" of tanker delivered Oil is alot higher than the "Carbon Footprint" of a Pipeline, so don't fall for the hypocrisy of the "Dirty Oil" argument. Instead, we should FIGHT BACK with a hefty surcharge on the Non Resident Income Earners. The Provincial Tax Revenue will be better off for it, and if BC, Ontario, and Quesbec do not like it, they can send their Citizens somewhere else to work. Drewski |
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The UCP and JK won't have any better luck getting a pipeline built either, and unfortunately I don't see the federal PC's forming the next government in Ottawa. BW |
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Why do you folks even bother to argue??? All you need to do is vote NDP and Liberal next election.....you will jump up and down for joy and feel you really stuck it to the big blue machine... you will smile, you will feel great, till your rifles and your money are gone...then whine and cry why no one saw this coming.
I dislike Kenny and I think Sheer is weak but they are far better alternatives to the Socialist, UN, minded alternatives. |
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The conservative movement needs to do a better job recruiting leaders that appeal to the populist vote. BW |
Wow!! Some of you people are so out of touch with comments like 45 years of PC Government's and no pipelines. Blah, Blah Blah, do you actually think we had a bottle neck of heavy oil for 45 years? For your knowledge it has only been the last 8 years of problems getting Alberta's oil to market. VOLUMES!!! The last 5 years have been the worst of those 8, and yes miss Notley has been in power for 4 of those 5 crucial years.
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If you work in the NWT as a non resident, you pay an income tax territorial "surcharge". Back in the 1980's Alberta used this scheme to tax NHL hockey players who were playing in Edmonton or Calgary from out of Province. You see, even NY Islanders get paid per game played, and they were paying Provincial Income Tax in Alberta. Even Players from Vancouver, Toronto, and Montreal had to pay. SO, why should Alberta pay for the roads, hospitals, policing, environmental monitoring, OH & S enforcement, so another Province's Workers can come here as much as 21 days out of 30, and often even more, and take the tax windfall to their Province? That is a "royalty" which will get the attention of the other Provinces. Who knows, maybe then Quebec, Ontario, and BC will recognize the value of jobs in Alberta from the Oil Industry. Drewski |
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Yes good idea I was living in the NWT when they brought this tax in. Perhaps 20 years ago, if my memory serves correct. 95+ % of all construction was done by workers from southern provinces. No one even complained, many never noticed I bet. Much more important for them was wages, hours, accommodations etc... |
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I'm all for blaming Trudeau. His liberal elite team is 100% responsible for this BS. But it's really not fair to blame notley. She really did try. This woman even stands up against her party. I feel she actually cares about us alot more then a 40 year old mamas boy that has yet to come of the closet. Who might I add has never worked a real job in his life. And full disclosure my place of employment really benefits from a large bitumin to wti spread. We are talking 1 to 2 million a day in extra profit if the spreads more than $25. So on a personal level I stand to gain from the curtailment being removed. But I also know theres alot of people out there keeping their jobs because of it. |
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As for nutley doing anything for Alberta she never did squat till Kenny took her to task and the election was a month away...please, stopping BC wine from entering Alberta for 2 weeks is NOT leadership. |
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No point even discussing anything with you. Next you'll be coming at me over vaccines and chemtrails... Cheers |
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Stopping wine for two weeks got us a pile of nothing! Lol |
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Our premier made it very clear that she was anti oil, when she was protesting pipelines before she was elected. Then she attacked the oil industry with a delayed royalty review, and then a carbon tax. Only when it became apparent that she would have to appear to be pro pipeline to have any chance of re-election did she pretend to be pro pipeline. She could have played hardball with Horgan, but instead she made idle threats and delayed acting long enough for the federal government to step in and put an end to Trans Mountain. And of course she now blames the federal government, in an attempt to appear that she is fighting for Alberta. Anyone with a clue knows that the Trans Mountain commercials are nothing but a waste of money, but with an election coming, she is doing everything she can, to try and buy votes. As it stands, even more energy jobs will be lost, and it will only get worse before it gets better, which can only happen if both upcoming elections result in changes of government. |
Production has grew by 0.5 million bbls per day over the last 4 years. 12.5% increase. Pipeline curtailment was around 7-10% at most to tighten the differentials up. Layoffs are only beginning. First wells companies shut in are the problem ones. Don’t fix those and positions start to dry up rather quickly.
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