Total SA, the massive oil company, have announced they are going to invest billions in Iran, even though it is one of the most odious regimes in the world.
This should teach us two lessons here in Canada.
First: There is a lot of money to be made in Iranian oil and gas. And Iran doesn’t care about the environment, human rights, or “social license.”
“Social license” is just a codeword for paying off leftist agitators. In the name of social licence, Alberta premier Rachel Notley attacked her own province, her own oil industry, in the claim that would appease anti-oil activists. But it hasn’t.
Lesson two: Putting aside politics, Iran is literally a better place to do business in 2017 than Alberta. Think about that for a moment.
Sure, Total SA has some businesses in Canada still. But they just put their oilsands expansion plans on hold.
Those $11 billion in construction jobs, and the decades of actual production jobs, are never coming back.
World oil prices hurt Alberta’s oil industry.
But Rachel Notley killed it.
GUESTS: Broadcaster Jerry Agar, who talks more about the issues he spoke about at TheRebelLive.com; plus China expert Charles Burton.