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Originally Posted by David_99
I have some older co-workers that are convinced that fracking the hell out of the Province is a good thing and all we need to turn things around, create jobs and pay back the debt. A "no brainer", they say.........
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A lot of older people, especially in Saint John it seems, think that a big silver bullet project will save the city and/or province. Usually these projects are big economic, natural resource projects (second refinery, fracking, etc.). These sorts of people don't seem to understand or value the concept of diversifying the economy and not hedging all your chips on single projects with limited lifespans. Lately things have been becoming more diversified, and the more that NB's population centralizes in the south and the easier it is to provide services to them at a reasonable level, the more likely it is that surpluses will be in reach and the debt will be paid down. Or not.
Fracking would have been a good idea 10-15 years ago but as it stands now, with prices low and other regions in North America operating at full capacity, I really don't see the upside that a lot of people project. Ship has sailed, IMO.
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Originally Posted by MonctonRad
The way around this is to create legislation where the decision to frack or not is decided at a local or municipal level.
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Then why even have a province? Why don't we just split off into 150 separate fiefdoms and territories?
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