Alberta is Doomed !!!!!

[smartypants]

Originally Posted by The Elkster

Can you imagine these fear filled people trying to negotiate a deal for AB. My god. The oil company would say one word and they'd be cowering and capitulating in a second. Little wet puddle between their legs.

^^^^^ mindless drivel, ignore

[The Elkster]

Originally Posted by smartypants

Those must be more of those 'changes' the voting herd wanted.

That is an anti northern gateway protest and Notley has been very transparent she is not in favor of that route. She is in favor of energy east and TC expansion. Hardly anti-PL or anti-industry. Keep working on the propaganda machine. Maybe try heading over to North Korea. You may learn some more skills.

[rugatika]

Originally Posted by Okotokian

Though that's not quite the case with royalties. That's OUR oil. How much private interests pay for it should be transparent and e should optimize our value. No one should get sweetheart deals to utilize public resources for private profit. The principles around proper management of the royalty issue are, or should be, exactly the same as those surrounding selling crown land to potato farmer "friends of the party". I'm not saying royalties should be raised, but they should be regularly and publicly reviewed, with a view to getting the most benefit for the province.

I totally agree. Like the NDP did in Saskatchewan. or Ed Stelmach. Fiscal genius's no doubt.

You're a bright guy Oko, and I'm sure you see the problem when a left wing gov't that is not exactly friendly to the oil industry comes into power, and one of their platform promises is to review royalty rates...some time in the future.

Now, I don't pretend that I've been the CEO of IBM or Microsoft or anything, but I do know that the one thing business hates is uncertainty. If you want to get a business to park it's assets, tell it you're not sure what the business climate is going to be like in 2 years or how much you're going to charge them to do business. They will inevitably assume the worst. Especially when oil prices are where they're at.

There is a very good reason why socialists and unions tell businesses how they should be run, instead of running them.

[rugatika]

Originally Posted by The Elkster

That is an anti northern gateway protest and Notley has been very transparent she is not in favor of that route. She is in favor of energy east and TC expansion. Hardly anti-PL or anti-industry. Keep working on the propaganda machine. Maybe try heading over to North Korea. You may learn some more skills.

You guys still trying to pretend you know anything? She goes to anti-pipeline, anti-tar sands, anti-tanker rallies.

[smartypants]

Originally Posted by The Elkster

That is an anti northern gateway protest and Notley has been very transparent she is not in favor of that route. She is in favor of energy east and TC expansion. Hardly anti-PL or anti-industry. Keep working on the propaganda machine. Maybe try heading over to North Korea. You may learn some more skills.

So you were one of the voting herd then. Maybe Ms Drever could be your new Minster of Pipelines? She had that awesome Pizza-Bob job for a summer! Sweet!

[Sneeze]

Originally Posted by The Elkster

Can you imagine these fear filled people trying to negotiate a deal for AB. My god. The oil company would say one word and they'd be cowering and capitulating in a second. Little wet puddle between their legs.

What do you do for a living Elkster?

[The Elkster]

Originally Posted by Sneeze

What do you do for a living Elkster?

I'm in oil. I see the financials every day. I am not some clueless college student. I see far more detail than the average field hand. I am not an all or nothing guy. This isn't about soaking companies at every turn or denying them fair returns. Its about charging them a fair fee for infrastructure they use and resources they take when returns are good.

[The Elkster]

Originally Posted by rugatika

You guys still trying to pretend you know anything? She goes to anti-pipeline, anti-tar sands, anti-tanker rallies.

No she goes to an anti-NG rally. She is not holding that sign is she? Are there anti-oilsands people within the anti-NG ranks. Absolutely. Does that mean everyone that is anti-NG is anti oil. NO. I know several people who are anti-NG including myself that are not anti-oilsands whatsoever. Some people actually understand the negative logistics of that option. But continue ranting on whatever makes you feel smart.

[avb3]

I see no reason why there should not be a sliding scale of increasing royalties on our resources.

What's wrong with royalties being low when they cost of production is close to price, and higher when price is high?

After all, this is a declining asset, and we only have so much time to extract it. Albertans need to benefit as much as possible without killing industry. Industry deserves a fair return in investment, as do Albertans.

I support a royalty review based on the above.

[smartypants]

Originally Posted by The Elkster

No she goes to an anti-NG rally. She is not holding that sign is she? Are there anti-oilsands people within the anti-NG ranks. Absolutely. Does that mean everyone that is anti-NG is anti oil. NO. I know several people who are anti-NG including myself that are not anti-oilsands whatsoever. Some people actually understand the negative logistics of that option. But continue ranting on whatever makes you feel smart.

No, she is holding the sign.

[hal53]

Originally Posted by smartypants

No, she is holding the sign.

too bad she was so busy erasing her teams bio's, I am sure she would have loved to hide this one
Looking good eh Taco?????

[Matt_H]

We are in this for four years for better or for worse. Doomsaying will not change anything for the better it actually has the potential to worsen it.
Something to think about:

''But the real danger to Alberta — and maybe even Canada — is not MLAs in the Notley Crue. It’s loose talk from the conservative side about the NDP inevitably bringing economic doom.

Such prophesies can be self-fulfilling. The TSX fell sharply Wednesday.

There’s talk that capital will flee because of a minor tax increase for big business. Some corporate leaders are setting their hair on fire.

The hard right delights in this kind of talk. They almost want the damage to occur, to prove their partisan point against the NDP. And the victims will be Albertans.

But it’s nonsense. Notley ran a moderate left-centre campaign with no hint of hostility to investment or the energy industry. Why assume it against every promise she’s made?

A wise Progressive Conservative says that Notley will have to govern like a “conservative progressive” to avoid being run off by Albertans after one term.

There’s every sign that Notley gets that. She’s already initiating talks with the province’s energy leaders — something Ed Stelmach, one of the former PC premiers, did very spottily during the royalty review of 2007.''
http://news.google.com/news/url?sr=1...s-on-her-might

And another:
The longer I live, the more I realize the impact of attitude on life.
Attitude to me is more important than facts.
It is more important than the past, than education, than money,
than circumstances, than failures, than success,
than what other people think or say or do.
It is more important than appearance, gift, or skill.
It will make or break a company ... a church ... a home.
The remarkable thing is we have a choice every day
regarding the attitude we will embrace for that day.
We cannot change our past ...
we cannot change the fact that people will act in a certain way.
We cannot change the inevitable.
The only thing we can do is play on the string we have,
and that is our attitude.
I am convinced that life is 10 percent what happens to me
and 90 percent how I react to it.
And so it is with you ...
we are in charge of our attitudes.
- Charles Swindoll

H

[recce43]

Originally Posted by The Elkster

I'm in oil. I see the financials every day. I am not some clueless college student. I see far more detail than the average field hand. I am not an all or nothing guy. This isn't about soaking companies at every turn or denying them fair returns. Its about charging them a fair fee for infrastructure they use and resources they take when returns are good.

well i have family in oil world that are very nervous about the NDP . And you cannot get much higher then them in the company unless you own it.

[happy honker]

Great post Matt H

[raab]

Originally Posted by smartypants

No, she is holding the sign.

Well done with the photoshop....

[Talking moose]

Originally Posted by Matt_H

We are in this for four years for better or for worse. Doomsaying will not change anything for the better it actually has the potential to worsen it.
Something to think about:

''But the real danger to Alberta — and maybe even Canada — is not MLAs in the Notley Crue. It’s loose talk from the conservative side about the NDP inevitably bringing economic doom.

Such prophesies can be self-fulfilling. The TSX fell sharply Wednesday.

There’s talk that capital will flee because of a minor tax increase for big business. Some corporate leaders are setting their hair on fire.

The hard right delights in this kind of talk. They almost want the damage to occur, to prove their partisan point against the NDP. And the victims will be Albertans.

But it’s nonsense. Notley ran a moderate left-centre campaign with no hint of hostility to investment or the energy industry. Why assume it against every promise she’s made?

A wise Progressive Conservative says that Notley will have to govern like a “conservative progressive” to avoid being run off by Albertans after one term.

There’s every sign that Notley gets that. She’s already initiating talks with the province’s energy leaders — something Ed Stelmach, one of the former PC premiers, did very spottily during the royalty review of 2007.''
http://news.google.com/news/url?sr=1...s-on-her-might

And another:
The longer I live, the more I realize the impact of attitude on life.
Attitude to me is more important than facts.
It is more important than the past, than education, than money,
than circumstances, than failures, than success,
than what other people think or say or do.
It is more important than appearance, gift, or skill.
It will make or break a company ... a church ... a home.
The remarkable thing is we have a choice every day
regarding the attitude we will embrace for that day.
We cannot change our past ...
we cannot change the fact that people will act in a certain way.
We cannot change the inevitable.
The only thing we can do is play on the string we have,
and that is our attitude.
I am convinced that life is 10 percent what happens to me
and 90 percent how I react to it.
And so it is with you ...
we are in charge of our attitudes.
- Charles Swindoll

H

Right wing guy here.... But I gotta say..... Great post.

[Sneeze]

Originally Posted by The Elkster

I'm in oil. I see the financials every day. I am not some clueless college student. I see far more detail than the average field hand. I am not an all or nothing guy. This isn't about soaking companies at every turn or denying them fair returns. Its about charging them a fair fee for infrastructure they use and resources they take when returns are good.

That's not what I asked.

I asked what do you do for a living? What does "in oil" mean? Are you a pipeline welder? A landman? A Well Operator?

Also, when did you move to Alberta?

[smartypants]

Originally Posted by raab

Well done with the photoshop....

no, no..its real..& whats this photoshop you speak of?

[alder]

Originally Posted by The Elkster

I'm in oil. I see the financials every day. I am not some clueless college student. I see far more detail than the average field hand. I am not an all or nothing guy. This isn't about soaking companies at every turn or denying them fair returns. Its about charging them a fair fee for infrastructure they use and resources they take when returns are good.

Why don't you say exactly what it is you do "in oil"? Like, what's your job title? You don't have to name the company. Do you work for a profit center or a cost center, though? Some environmentalist who has worked for decades to deconstruct Alberta's feeding hand could say, "I'm in oil" also. But they really wouldn't be "in" oil, now would they? And there are plenty of folks on here with high-level post graduate educations in finance who crunch lots of numbers with sophisticated models and build P&Ls and perform financial valuation for a living, so don't feel like you have to hold back, ok? I want to know what underlies your seemingly contradictory stance on voting for the NDP while being "in oil". My feeling is that there is nothing contradictory about it, and you don't really work "in oil", in the way you appear to propose. Check out the photo above of Notley standing with her supporters on a picket line with anti-oil sentiment. Voting NDP is tantamount to cutting off the way you make a living, unless it's not, eh? Tell us.

[BlackHeart]

Originally Posted by The Elkster

I'm in oil. I see the financials every day. I am not some clueless college student. I see far more detail than the average field hand. I am not an all or nothing guy. This isn't about soaking companies at every turn or denying them fair returns. Its about charging them a fair fee for infrastructure they use and resources they take when returns are good.

Mr.Lube or Jiffy Lube??

[smartypants]

Originally Posted by BlackHeart

Mr.Lube???

domo, jumpin to the pump between posts

[Luxor]

Originally Posted by BlackHeart

Mr.Lube or Jiffy Lube??

Now ^^^^ is funny 😂

[u_cant_rope_the_wind]

ALBERTA NDP looks so good on them now

[Deer Hunter]

Originally Posted by avb3

I see no reason why there should not be a sliding scale of increasing royalties on our resources.

What's wrong with royalties being low when they cost of production is close to price, and higher when price is high?

After all, this is a declining asset, and we only have so much time to extract it. Albertans need to benefit as much as possible without killing industry. Industry deserves a fair return in investment, as do Albertans.

I support a royalty review based on the above.

This is the problem. People think they know the business and haven't the slightest... There is a sliding scale on conventional oil and gas royalties already.

http://www.energy.alberta.ca/Org/pdfs/ARFOilGraphs.pdf

But you still support a royalty review I guess...,.

[Luxor]

Originally Posted by u_cant_rope_the_wind

ALBERTA NDP looks so good on them now

Who is them ????

Who are you ??

I'll repeat myself......I think the wind is blowing through your ears sonny !!!!

You obviously aren't remotely even paying attention to what people are saying here.

[edmhunter]

Originally Posted by Luxor

Who is them ????

Who are you ??

I'll repeat myself......I think the wind is blowing through your ears sonny !!!!

You obviously aren't remotely even paying attention to what people are saying here.

Same questions here Luxor!

[Nestor]

Originally Posted by Luxor

You obviously aren't remotely even paying attention to what people are saying here.

Nobody really pays attention

[lmtada]

There are solutions.

https://www.youtube.com/watch?featur...&v=8FpYC_TGm6M

Originally Posted by Deer Hunter

This is the problem. People think they know the business and haven't the slightest... There is a sliding scale on conventional oil and gas royalties already.

http://www.energy.alberta.ca/Org/pdfs/ARFOilGraphs.pdf

But you still support a royalty review I guess...,.

[Redfrog]

Originally Posted by The Elkster

That is an anti northern gateway protest and Notley has been very transparent she is not in favor of that route. She is in favor of energy east and TC expansion. Hardly anti-PL or anti-industry. Keep working on the propaganda machine. Maybe try heading over to North Korea. You may learn some more skills.

North Korea will be here soon enough.

[Nester]