Yesterday the giant oil company Shell announced that they’re cancelling an oilsands megaproject in Alberta called Carmon Creek.
It’s a disaster for Shell — they’re writing off $2 billion dollars.
More importantly, 1,450 Canadian families are out of a job. Those were six-figure jobs, many of them held by First Nations workers.
And of course the 80,000 barrels of oil per day that Carmon Creek was going to produce is gone too. Even at forty dollars a barrel, that’s $3 million a day.
Obviously low world oil prices are part of the problem. But Shell is investing billions in other parts of the world.
So why did they announce they were killing the project yesterday, at 3:46 p.m. Alberta time?
Well it’s obvious. Because they were waiting to see what Alberta’s first NDP Budget looked like. It confirmed their worst fears. So they pulled the plug.
So — front page news? Are you kidding?
The Media Party doesn’t care. They share the NDP’s hate for the oilsands. The Edmonton Journal put it on page D1. Huh? D1? The Calgary Herald put this story on page D3! The Globe and Mail, Canada’s “national newspaper”, put it on B7.
No one cares.
But you can do something about it.
Tell Rachel Notley to stop her war on oil and gas jobs in Alberta.
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