July 13, 2016

Why Notley NDP's strategies to boost oil and gas activity in Alberta won’t work

Holly NicholasRebel Commentator
 

Nothing says socialism like government programs and now the NDP have introduced two such strategies to boost oil and gas activity in Alberta.

The first will target enhanced oil recovery, which involves injecting fluids into an existing well to stimulate more production. The second targets new and more risky plays in emerging areas in order to encourage exploration and development in these regions.

Admittedly, these strategies might work if the NDP hadn’t implemented other policies like increased corporate taxes and the carbon tax that directly counteract incentives.

Watch as I explain why, if the NDP really believe that these strategies will attract investors, they’ve got another thing coming.

Implementing these new incentives shows that the NDP have serious regrets for promoting uncertainty and an unstable business atmosphere.

The NDP fail to realize oil and gas companies deal with governments across the world. They’re not going to roll over like dogs and take a Notley cookie that gives them next to nothing in return.

During a time when companies are sticking to their surest bets, they’re going to go where they get the most bang for their buck – Alberta isn’t that place right now.

Comments
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commented 2016-07-13 15:12:21 -0400
Notley should know that you can’t suck and blow at the same time! Her limited mental capacity is becoming more and more apparent, with each stupid idea borrowed from Wynnie’s book of tax tricks to play on taxpayers. Though most of us already knew that Rachel would be the disaster that she is!
commented 2016-07-13 14:30:54 -0400
Alan Clark, the problem is that a lot of those small companies that only operate in Alberta or at best Western Canada get most of their contracts from the large corporations that are pulling their projects from Alberta.
commented 2016-07-13 14:16:36 -0400
Holly. The one factor you’ve missed is that there are a great many companies who only operate in Alberta or western Canada such as Bellatrix, Daylight, ARC and many others. These companies will take whatever bone the NDP throws them and if the bone is tasty enough, this will likely result in some increased activity. I’m not defending the NDP. Just stating the obvious and hoping I’m right because my livelihood depends on it.
commented 2016-07-13 14:11:44 -0400
They really seem to have no clue, especially the invisible energy minister, First they state that they don’t pay enough royalties, create uncertain times in one of the worst downturns in the industry, Then they decide that they don’t need to increase royalties, But they impose more corporate taxes, property taxes, personal taxes, carbon taxes, Basically they put in a PST no amount of spin can change that. They have zero clue what they are doing and it shows. DOES THE ENERGY MINISTER OR NOTLEY EVEN KNOW WHAT A WELL IS. Or do they have to have one of the Ontario advisors tell them.
commented 2016-07-13 14:11:40 -0400
They really seem to have no clue, especially the invisible energy minister, First they state that they don’t pay enough royalties, create uncertain times in one of the worst downturns in the industry, Then they decide that they don’t need to increase royalties, But they impose more corporate taxes, property taxes, personal taxes, carbon taxes, Basically they put in a PST no amount of spin can change that. They have zero clue what they are doing and it shows. DOES THE ENERGY MINISTER OR NOTLEY EVEN KNOW WHAT A WELL IS. Or do they have to have one of the Ontario advisors tell them.
commented 2016-07-13 13:13:37 -0400
Fuck she’s stupid. Nuff said!
commented 2016-07-13 13:12:08 -0400
The biggest aspect of oil and gas that the Non-Democratic Party have no clue about is the roll the small companies play in exploration, construction and servicing. The big players contract out to these small players that used to employ 50-100 workers each. I say used to because most have closed shop by selling off equipment and shops or evacuating the province. If the Non-Democratic Party left their bubble once in a while, they would have noted the evacuation over the fall and winter, the closed shops and equipment for sale. The invisible energy minister should certainly noted this driving to Fairview via either Grande Prairie or Peace River.

So if there are no small companies nor the workers to support these companies nor the equipment to work nor the shops to house workers and equipment, who do the Non-Democrats think is going to do the work. Maybe the Big Friendly Giant? That would go with their expectation of Paul Bunyan and Blue restarting the forestry sector.
commented 2016-07-13 12:49:10 -0400
  • BREAKING NEWS***BREAKING NEWS***


Just reported… the NDP still suck…
commented 2016-07-13 12:48:10 -0400
NDP strategy:

Murder the private sector.
Over grow the public sector.

Sell bonds to make bigger debt with no buyers.

Hit the panic button and revert back to what existed before this socialist fuck up.

Problem – can’t go back.

FUCK YOU NOTLEY.