Pages: [1]   Go Down

Author Topic: For the doubters!  (Read 892 times)

Rob C

  • Sr. Member
  • ****
  • Offline Offline
  • Posts: 24074
For the doubters!
« on: November 17, 2017, 04:40:05 am »

Robert Roaldi

  • Sr. Member
  • ****
  • Offline Offline
  • Posts: 4763
    • Robert's Photos
Re: For the doubters!
« Reply #1 on: November 17, 2017, 07:46:48 am »

Thanks very much for that.

Funny how all these oil projects are supposed to bring great wealth to the host country but rarely do. Except for Norway, they got their royalties scheme set up correctly, and amazingly the oil industry didn't get all huffy and leave Norway. Funny that. In Alberta, 6-7 years ago, a plan by the then provincial conservative government to raise royalties a bit met with civil demonstrations in the streets by people who were afraid that the oil companies would get angry and leave Alberta. What an embarrassing spectacle that was. The population (voters) were admitting that a company had them by the short hairs, but no one seemed to question the wisdom of allowing some foreign company to have that much power over them. As if people actually believed that the oil under their ground actually belonged to those companies and not themselves. The oil companies are just the hired help, but we treat them as if they're the crowned princes. It's pathetic, really.
Logged
--
Robert

Rob C

  • Sr. Member
  • ****
  • Offline Offline
  • Posts: 24074
Re: For the doubters!
« Reply #2 on: November 17, 2017, 09:17:21 am »

Thanks very much for that.

Funny how all these oil projects are supposed to bring great wealth to the host country but rarely do. Except for Norway, they got their royalties scheme set up correctly, and amazingly the oil industry didn't get all huffy and leave Norway. Funny that. In Alberta, 6-7 years ago, a plan by the then provincial conservative government to raise royalties a bit met with civil demonstrations in the streets by people who were afraid that the oil companies would get angry and leave Alberta. What an embarrassing spectacle that was. The population (voters) were admitting that a company had them by the short hairs, but no one seemed to question the wisdom of allowing some foreign company to have that much power over them. As if people actually believed that the oil under their ground actually belonged to those companies and not themselves. The oil companies are just the hired help, but we treat them as if they're the crowned princes. It's pathetic, really.

Hired help: I can never avoid thinking of that concept whenever I read of industrial action (strikes). Having a job doesn't imply ownership of either the company or its policy. Apparently, not a lot of people knows that, as Alfie might have murmured at one time or another...

:-(

Rob
Pages: [1]   Go Up