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  #301  
Old Posted Nov 14, 2019, 7:55 PM
Hackslack Hackslack is offline
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Originally Posted by misher View Post
Real Estate is bigger. Oil is a significant industry though. Especially if you go for Oil & Gas as we have a significant and quickly growing Gas industry.
Given that our GDP isn't growing per a person these days (only growing through population growth) it would be difficult to justify cutting 10% from it when we're currently stuck in an economic rut.
Thank you for clarifying for me.
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  #302  
Old Posted Nov 14, 2019, 7:55 PM
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Great, nice condescending response...

Income is generated from jobs in each respective province though. So well paying jobs from one province generates more federal income from said province. So if there are more jobs, and more well paying jobs in one province, more federal tax will come from those people in that province.

I know what you mean of course, but the federal income generated is a function of how well any one province is doing economically.
The post you replied to, I had said it. Don't get upset at me if you couldn't read it the first time.

As far as the rest, yes. So, you know how they are paying hand over fist for oil worker jobs? That is partly what make people think Alberta pays so much, but, fun fact, the largest population of Newfoundlanders work in Fort Mac...

Also, that money people make in all those office towers in Toronto is why Ontario does so well.
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  #303  
Old Posted Nov 14, 2019, 7:56 PM
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Originally Posted by swimmer_spe View Post
The post you replied to, I had said it. Don't get upset at me if you couldn't read it the first time.

As far as the rest, yes. So, you know how they are paying hand over fist for oil worker jobs? That is partly what make people think Alberta pays so much, but, fun fact, the largest population of Newfoundlanders work in Fort Mac...

Also, that money people make in all those office towers in Toronto is why Ontario does so well.
Touché, thanks.
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  #304  
Old Posted Nov 14, 2019, 7:59 PM
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Originally Posted by swimmer_spe View Post
The post you replied to, I had said it. Don't get upset at me if you couldn't read it the first time.

As far as the rest, yes. So, you know how they are paying hand over fist for oil worker jobs? That is partly what make people think Alberta pays so much, but, fun fact, the largest population of Newfoundlanders work in Fort Mac...

Also, that money people make in all those office towers in Toronto is why Ontario does so well.
That does make you wonder how eliminating the oil industry might drive up unemployment across Canada.

Also I do wonder if the LNG industry would be next after oil.
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  #305  
Old Posted Nov 14, 2019, 8:09 PM
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Originally Posted by lio45 View Post
I'm surprised we both resisted (till now) expressing shock at the news that Maple Creek's reliably tropical climate apparently didn't produce the usual bountiful harvest this year...?!?
Now that I think of it, Maple Creek should make Albertans and Saskatchewanians think twice about their GHG emissions. It must be dangerously close to being too hot for life to survive there, while most of Canada will be fine at +3 or +4 degrees.
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  #306  
Old Posted Nov 14, 2019, 8:10 PM
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I'm very late to seeing this thread
Not late enough for most of us

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even though Saskatchewan has completely lost it's Canola & agricultural markets to China simply because of appeasing the USA with Huawei executive arrested in Canada
You do realise that it wasn't just Saskatchewan that suffered, yeah? Manitoba's canola exports were equally affected, if not more than Saskatchewan. I mean geeze, some of you people in those two provinces are so bloody self-absorbed.

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The rest of Canada outside of Alberta and Saskatchewan may continue your wexit discussion amongst yourselves now...

Bless
We will. Thanks for the well-wishes. God Bless you too
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  #307  
Old Posted Nov 14, 2019, 8:43 PM
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Misher your post about BC's GHG emissions rising due to LNG is just plain silly. Don't you know that GHG emissions are only bad if they come from Alberta and Saskatchwen? This is touchy-feely BC and any emissions from us are warmly embraced by Mother Nature.........she likes dirty fossil fuels as long as they are belched out into the atmosphere from BC. I know this is a fact because Victoria told me so and if you can't trust politicians then who can you trust?

BC's hyper-hypocrisy is enough to make me want to toss my lunch.
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  #308  
Old Posted Nov 14, 2019, 8:49 PM
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if you can't trust politicians then who can you trust?
Said the NDP minister for children and families when he went to visit the woman's shelter.

The below is quite offensive but also it happened so we can't just deny it. I guess the best political choice to be in charge of defending people from rapists is a rapist?
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  #309  
Old Posted Nov 14, 2019, 9:04 PM
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Originally Posted by misher View Post
That does make you wonder how eliminating the oil industry might drive up unemployment across Canada.

Also I do wonder if the LNG industry would be next after oil.
How many people work in oil and gas? Directly? It's far less than you would think.
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  #310  
Old Posted Nov 14, 2019, 9:47 PM
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Originally Posted by misher View Post
That does make you wonder how eliminating the oil industry might drive up unemployment across Canada.

Also I do wonder if the LNG industry would be next after oil.
Education is weak on this thread. LNG is usually a byproduct of the oil extraction.
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  #311  
Old Posted Nov 14, 2019, 9:52 PM
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Originally Posted by swimmer_spe View Post
Education is weak on this thread. LNG is usually a byproduct of the oil extraction.
So if Albertan oil shutdown would its LNG industry cease as well?
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  #312  
Old Posted Nov 14, 2019, 9:55 PM
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So if Albertan oil shutdown would its LNG industry cease as well?
Yup. There may be some select places that have just LNG wells, but most is interconnected with the rest of the oil industry.
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  #313  
Old Posted Nov 14, 2019, 10:09 PM
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Yup. There may be some select places that have just LNG wells, but most is interconnected with the rest of the oil industry.
Ouch a lot of our power, heating, and industry use Albertan LNG. Thats not good.
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  #314  
Old Posted Nov 14, 2019, 10:10 PM
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Originally Posted by swimmer_spe View Post
Yup. There may be some select places that have just LNG wells, but most is interconnected with the rest of the oil industry.
Interesting I did not know that.
I believe that BCs LNG is mostly just LNG ie Montney Basin?
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  #315  
Old Posted Nov 14, 2019, 10:16 PM
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delete

Last edited by Pinus; Nov 15, 2019 at 1:12 AM.
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  #316  
Old Posted Nov 14, 2019, 10:16 PM
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Originally Posted by Denscity View Post
Interesting I did not know that.
I believe that BCs LNG is mostly just LNG ie Montney Basin?
Me too, learning lesson. BC LNG's biggest project is at the Montney Formation gas fields but there are multiple sites being considered.

To quote from Wikipedia:
Quote:
Oil and gas production
The Montney Formation is a major shale gas and tight oil resource. A comprehensive joint study on the potential of the Montney Formation was completed by the National Energy Board, British Columbia Oil and Gas Commission and the Alberta Energy Regulator in 2013. This study found that the potential resources contained within the formation were 449 trillion cubic feet of marketable natural gas, 14,521 million barrels of marketable natural gas liquids (NGLs) and 1,125 million barrels of oil. This estimate makes it one of the largest known gas resources in the world and equivalent to 145 years of Canada's 2012 consumption.[5][6]

Gas is produced from the Montney Formation in both British Columbia and Alberta. Major operators include Seven Generations Energy Ltd., Progress Energy Canada Ltd. (a subsidiary of Malaysia's (PETRONAS), Painted Pony Energy Ltd., Royal Dutch Shell plc, Encana Corporation, Murphy Oil Corporation, ARC Resources Ltd., and Advantage Oil & Gas Ltd.[7][8] and oil is produced from the formation in Northern Alberta.[4] Horizontal drilling and extensive fracturing process is necessary to have the fluid flow through the low permeability siltstone. Shale gas extraction emerged in the late 2000s in the distal facies of the formation's western extent.
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Underneath this huge tract of land, the National Energy Board (NEB) estimates there's 90 billion barrels of oil equivalent (boe), most of it natural gas. That's more than half the size of the oilsands, yet the Montney has received only a fraction of the attention, at least from the public at large. For oil and gas types, the gold rush is already on.


Quote:
Output from the Montney has doubled since 2012 and now comprises a third of Western Canada's natural gas production. By 2040, the NEB projects it will make up more than half of the country's production, a future that would make the energy industry positively giddy, if only it were guaranteed.
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  #317  
Old Posted Nov 14, 2019, 10:16 PM
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Originally Posted by misher View Post
Ouch a lot of our power, heating, and industry use Albertan LNG. Thats not good.
Uh-oh...spaghetti O's!! Whatever will you do?? Your province is doomed, I tell you. DOOMED!

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  #318  
Old Posted Nov 14, 2019, 10:23 PM
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Originally Posted by Pinus View Post
Uh-oh...spaghetti O's!! Whatever will you do?? Your province is doomed, I tell you. DOOMED!

Canada* not just one province. Even the Northwest Territories uses Albertan LNG. Remember that:
Quote:
The TransCanada pipeline is a system of natural gas pipelines, up to 121.92 centimetres (48 Inches) in diameter, that carries gas through Alberta, Saskatchewan, Manitoba, Ontario and Quebec. It is maintained by TransCanada PipeLines, LP. It is the longest pipeline in Canada.
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Currently, Quebec produces a very small amount of its own natural gas (0.04 per cent of Canada's total of natural gas production). It gets its majority of natural gas from western Canada, through Gaz Métro, which is the province's main distributer.
Quebec has the $10 billion dollar ÉNERGIE SAGUENAY LNG refinery along with two export terminals and Nova Scotia has 3 terminals (Close to $30 billion in infrastructure). If Quebec is affected then this becomes a major Canadian crisis! Wow who knew that shutting down Albertan oil would significantly damage Quebec. Its almost as if oil is essential to "Canada" rather than just one province. Its weird that its never been mentioned that Albertan LNG may rely on the Albertan oil industry and that Canada is still reliant on Albertan LNG.
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  #319  
Old Posted Nov 14, 2019, 10:25 PM
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Originally Posted by misher View Post
Canada* not just one province. Even the Northwest Territories uses Albertan LNG. Remember that:
Yes, of course Misher. We are all doomed. The economy will collapse and Canada will turn into a third-world country.

Oh, how fearful am I.

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  #320  
Old Posted Nov 14, 2019, 10:45 PM
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BC produces 29% of Canada's natural gas, and uses 8%. We'll save you all.
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