RE:Another wasted dayIts not only disgraceful how our gov't has sabatoged the oil & gas industry, it borders
on criminally insane. Because we can't get any infrastructure built, our plentiful energy resources are basically stranded, handcuffed by our own gov't and therefore rendered useless for export purposes.
The amount of revenue loss is staggering yet we go annually deeper into debt each
successive year. We are not ready for a renewable energy world, probably years
away and need fossil fuels to bridge us over.
Its downright insane to have negative AECO prices meaning at times our nat gas
has no value yet could be sold in the US markets at mutliples of domestic pricing.
The case for LNG is even more shocking. We haven't been able to get LNG going
for years so our nat gas sits in the ground or in storage but won't earn a nickel
because of the stupidity in Ottawa. Europe is in an historic and epic energy crisis
and would take every mbu we could give them for astronomical prices.
I don't know if the public is aware or even cares but they do complain about high
taxes and poor service levels. Everyone wants a better standard of living but they
need to see that the route to prosperity isn't through borrowing from future generations
but to maximize the resource opportunities that this country is blessed with.