October 28, 2015

Shell cancels $2B project MINUTES after Alberta NDP unveils "attack budget"; 1450 jobs wiped out

Ezra LevantRebel Commander

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.

SIGN THE PETITION

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READ Ezra Levant's bestselling books debunking environmentalist propaganda against the energy industry:
Groundswell: The Case for Fracking and Ethical Oil: The Case for Canada's Oil Sands




Comments
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commented 2015-10-29 17:40:32 -0400
Andrew Stephenson please tell that to spoiled unions workers LMAO. Sorry but you make sacrifices and endure harsh conditions to make good money buddy , not everyone is a whiny pansy like you.
commented 2015-10-29 17:09:09 -0400
I attended an annual event this weekend past….it has been taking place for decades now…it was at a motel in Nova Scotia that has seen better days and needs an infusion of money to stop and turn back it’s deterioration…

In order to get there the delegation I was part of had to drive through the biggest wind farm in Nova Scotia…very well located in terms of it being a very windy place….the Tantramar Marsh….the motel is located on the edge of it.

As we drove through it we joked about Don Quioxte tilting against the windmills…me collegues were well versed in the absurdity of the cost of these machines and the considerable “carbon footprint” involved in smelting the metals used in their construction..that even if hese devices served their intended purpose for 100 years without needing maintenance….not likely…they would never really recover ANY advantage in terms of “carbon footprint” and even though it is probably the most reliably windy spot in Nova Scotia…..it will never match the reliability of the water mill located in Newport Corner…that damed the Panuke/Pawnhook river system (depending which county you live in)….and which only has one customer…Colby foods (for their refrigeration systems.

The critics of this site seem to think that the supporting members are ignorant hillbillies who haven’t a clue as to what is going on…..I am a tree hugging hippie….I am not impressed with dilettantes from Toronto….do not hold out Toronto to me as some bench mark of ecology awareness…nor Montreal Papineau…..nor Ottawa.
commented 2015-10-29 16:47:04 -0400
Trash journalism before you were sued and certainly trash now love how ypu blame the new NDP govt for 40 years of Cons…. and their terrible economics….. Ezra welcome to NDP country.
commented 2015-10-29 16:44:47 -0400
Bill Elder, you’re right. The New Depression Party will keep people employed using borrowed money, undoubtedly right through their four year term, then hand the whopping debt over to the Wild Rose to deal with when they win every seat in the next Alberta election. The NDP has no conscience, just a bankrupt ideology that destroys economies.
commented 2015-10-29 16:01:24 -0400
@ Andrew Stephenson. Of course people will vote to give themselves more stuff today then they can afford. Then they stick future generations with the bill. Just look at Greece. Doesn’t mean it’s a good idea.
commented 2015-10-29 15:54:13 -0400
@jimmy Da Silva. The industrial revolution was driven by capitalists, not socialists. To claim that a ‘green revolution’ will take place because the NDP will force it down people’s throats is shortsighted. People will do things that are profitable, which government regulation can drive through subsidies. BUT generating real wealth not just short-term profit, can’t be done with subsidies, just ask Ontario.
commented 2015-10-29 13:47:11 -0400
When the day comes when oil is no longer needed due to other forms of energy, does Alberta know that all jobs will be lost and maybe they should focus on other industries to prepare for that day as opposed to putting all their eggs in one basket?

I hate this notion that we shouldn’t advance in this world now – because jobs will be lost. Sure job loss sucks, but job loss and ends of certain industries have happened since the dawn of time when it comes to new inventions, technology advancements and just news ways of doing things.

We would never get beyond the horse and buggy if we just stopped progressing due to worry about job loss. But what about the buggy manufacturers and their employees????

Oil’s day will come and on that day – there will be huge job loss and industry destruction. Better to prepare now as you are on that eventual sinking ship of oil.
commented 2015-10-29 13:16:56 -0400
@henry Reardon, “Has anyone done a poll lately to see how Albertans are liking their new NDP government? With the exception of the activists, I’ll bet Albertans are suffering one HUGE bout of Buyer’s Remorse.”

Angus Reid did one of their provincial premier approval ratings surveys at the end of August. In it, #1 was Brad Wall, at 61% approval, and #2 is Rachel Notley at 50%. Selinger is worst, at 22%. Further, if the Left was so threatening to Alberta’s success, then why did the Liberals have their best showing in Alberta in 50 years last week?

Unfortunately, that’s the problem with the bunker mentality. If you immerse yourself only among like-minded individuals, you may lose touch with broader opinion, which demonstrates that the electorate mostly knows that Alberta’s woes are almost entirely beyond its control. Rebel readers are very vocal, but not necessarily reflective of general public opinion. The same thing happened in Calgary’s municipal election – the Right wing echo chamber hates Nenshi and were positive he would be defeated by common sense right wing voters in 2013, yet at the ballot box, Nenshi got four times as many votes as the Right wing “guaranteed win”.
commented 2015-10-29 13:11:05 -0400
Oh Ezra, you’re just being a frumpy old biased conservative bugbear.

I’m sure the new “sustainable” rainbow unicorn Dipper economy can replace these 1000s of 6 figure resource jobs with entry level redundant civil service jobs – I mean civil service non value added good intent can replace tangible production any old day – - in unicorn rainbow country you’re just mean is all.
commented 2015-10-29 13:06:49 -0400
Those same six figure jobs are part of the problem. Perhaps if Shell pulled a Caterpillar and told them $12/h or we close, then they’d be able to make a go of it. Instead, whiny entitled day labourers think they’re worth six figures and have priced themselves right out of the market.

Bitumen is expensive, it’s hard to extract and expensive to process, and Fort Mac is in the middle of nowhere. Let’s make up the difference somewhere and let employers pay people what they’re really worth. If they don’t like the new wage scales, they can go get jobs somewhere else.
commented 2015-10-29 13:06:10 -0400
So lets talk about taxi cab drivers and toilet paper today. You see most of my former Venezuelan collegues in the oil industry are now driving taxi cabs. This despite their advanced educations and experience in the high tech world . And what does toilet paper have to do with a resource based economy? Well when you cripple an industry you cripple economic growth , destroy jobs : primary, secondary and tertiary .You destroy the tax base that feeds the leviathin of government. And you destroy the purchasing power of your currency. The very purchasing power that allows you to go to the world market and buy things like TOILET PAPER.
Putting socialists in power always has disastrous economic impacts. Albertans will rue the day they elected an NDP government. And Canadians will reap the rewards of installing socialist govenrments in Ontario and Federally.It is a sad year indeed for Canada .
commented 2015-10-29 13:05:01 -0400
“Yousa”, calling oilsands oil dirty is just ignorance or anti-Canadian propaganda. From your last sentence, it would seem to be at least the latter, and from the sentence just before it, probably also the former. Clearly you don’t have Canada or Canadians at heart, when you slander our oil product and call for the oilsands to be closed down. NO real Canadian would do that. We need jobs and an economy in this country to support people’s lives and health care.

Your sick handle is clearly aimed at polluting this website and driving people away from it. It says something about you.
Why don’t you clean up your act? It’s hard to respect you when you use such vile tactics instead of logic and reason.
commented 2015-10-29 13:01:35 -0400
JIMMY. Gee, you reading some invisible ink between my lines again?
commented 2015-10-29 12:56:30 -0400
I’ve been talking with some people working up around Peace River, and they are very stressed out now. A lot of the new contractors that are supporting the new construction were still building shops in Peace River and now most of them are going to be closing down. This is so pathetic. They keep saying things like, “I hope Shell changes their mind” or " this can’t be right because I would have seen it on the news, did I miss it or something". I feel for this town now. AND IF YOU WERE A TRUE CANADIAN YOU WOULD FEEL FOR THEM TOO. But from what I was reading their are a lot of fake Canadians from down east on this thread.

Do you also know that Rachel Notley was raised only 35 minutes away from the town she just destroyed. It is time to start possibly picking up weapons in the very near future. I know Canadians / Albertans are suppose to not think that way! We are not Americans! But come on this is starting to get way out of hand. I work for an oil company, and even they postponed their budget, until the end of the month or even the beginning of next month. All because they were waiting to see what these crazies were going to do. It is very obvious this government could not give one bit of shit about the people in this province.

Signed by that proud RECKNECK from ALBERTA that used to be the ENGINE that kept the country TOGETHER.
commented 2015-10-29 12:30:43 -0400
You’re all forgetting one thing—Albertans voted them in. Just as Canadians voted in the vacant, naive Turdeau.
Just imagine if you will, Turdeau going against Putin, or the Chinese.
Europeans are now looking for North Americans to save the world from islam, and just look at our two ‘leaders!’ OMG!!
commented 2015-10-29 12:10:57 -0400
Hey folks, relax!
Sit back and watch the how the country does on sunshine, lollipops, rainbows, and Tinkerbell.
Give it a chance, eh?
commented 2015-10-29 11:45:02 -0400
Henry,

Trudeau will be re-elected. I would put money on it. He will prove you wrong and Canadians are going to like what he does for the country just fine.
commented 2015-10-29 11:22:22 -0400
Ezra great report! Alberta is screwed like Ontario. Our Wynn gov’t is selling part of Hydro One killing the Goose that lays the golden egg. So desperate for cash she has to sell our assets. Makes me sick.
commented 2015-10-29 11:16:31 -0400
The jobs losses are actually greater than Ezra has said. That figure wouldn’t be taking into account the drilling rig crews, frac crews, snubbers, wireliners and every other service that you need to bring a well to production. On a typical Shell frac job you can have 100 people working on site per shift at 2 shifts a day, and Carmon Creek isn’t typical. To minimize environmental impact and reduce costs there were going to be 52 (and going up from there in the long term) wells per site divided into clusters so drilling and production work could keep going seamlessly as possible. There would be hundreds of people employed on each site for a couple of years just for drilling and completion and there were going to be multiple sites. Environmentally less land would be cleared for the “pad” on which the wells are worked compared to single and smaller multi hole pads and of course there would be less pipelines as oil would be sent downstream from only 1 site versus 50. Oh and can people just ignore that Jimmy guy? There are lefties that you can have back and forth intelligent conversations with but he isn’t one of them. As far as I can tell he gets some sort of meaning in his life through his rants and anyone responding to him is just feeding him………let him wail alone in the dark telling himself that he is a genius while everyone who disagrees with him is a moron, he’ll eventually go elsewhere in search of self affirmation.
commented 2015-10-29 11:09:57 -0400
Henry Reardon — and don’t forget, the leftist media in this country is going to pull a page directly out of the Obama playbook. Expect years of blaming Harper for any problem that arises, or any mistake Justin makes. Hell, the progs in the US are still blaming Bush for shit that sits squarely on Barry’s plate, and the man’s been out of office for nearly seven years. It would be comical if it wasn’t so sad.
commented 2015-10-29 10:54:57 -0400
Has anyone done a poll lately to see how Albertans are liking their new NDP government? With the exception of the activists, I’ll bet Albertans are suffering one HUGE bout of Buyer’s Remorse. I’ll bet if they could have a do-over of the May election, they’d turf the NDP so fast it would make our heads spin.

I’m pretty sure Canadians will be having that same Buyer’s Remorse in a couple of months once our new Prime Minister makes his first few major mistakes. Not that the media will present them that way: they’ll either ignore them or spin them all into triumphs. I can see it now…. If the Canadian dollar goes down to 50 cents US, they’ll talk about what a master stroke it was for the new PM to do this because it helps our export industries, even as it makes everything we import much more expensive. If dozens or hundreds are killed in another terrorist incident on Canadian soil, the media will talk about how the new PM is helping calm things in the Middle East by getting the worst terrorists out of Syria and Iraq. Etc. etc.
commented 2015-10-29 09:52:48 -0400
@ Michael Doll: We should start a petition to get Notley to write a math and logic test.
commented 2015-10-29 09:46:21 -0400
So Jimmy you talk abt redneck what’s the definition we use for you out east for being poor and the Muslims that are poor what’s the definition we call them. And blacks what’s the definiton we call them for being poor. By you using the word redneck and relating to whites people now your bringing racism in to the card. There are blacks in the southern states that are poor what are they called. What Muslims cakes that are poor. Plse not be biased and only give a definiton of poor white people educate us on all races and the definition of them for being poor

We await your intellectual answers
commented 2015-10-29 09:35:59 -0400
Jimmy. There was no threats or stalking just said you talk a big game. And yousa one does know what IP addresses are. Jimmy saying it’s amazing what you can do with technology and locating your IP address and saying you would kiss your pants if someone said hey Jimmy da silva isn’t a threat. Just says wanted to say hi. And yousa quit talking a big saying stuff like if it screwed someone up the ass. You talk tough let’s see ya back it up. Anyone can talk tough behind a computer or smart phone and talk people down. Your not worth the time yousa. Just a hopeless person same with Jimmy. Both hopeless
commented 2015-10-29 08:32:15 -0400
And I see the trolls have been effective in shutting down the topical conversation again. Don’t feed them folks!
commented 2015-10-29 08:12:41 -0400
Russell Turner: “What will they do the money runs out and there is not enough people left to tax…” See Zimbabwe. It’s a way of gaining more control of the few resources that are left at that point. It all comes down to how things are shared. Those of us on the right don’t mind a smaller piece of a much bigger pie. Those on the left demand a proportionately larger piece, and are willing to accept a smaller pie as long as their piece of it is larger. IMHO math is not their strong suit.
commented 2015-10-29 07:35:56 -0400
Great report Ezra! Canada is sleep walking into bankruptcy and the masses are obvious to the facts. The Canadian idol contest on October 19th was the finishing touch. Heaven help us.
commented 2015-10-29 07:31:43 -0400
With Ontario being the largest have not province since the Liberals took over, I LOVE this! They (Wynne and McGuinty) have been begging Harper for MORE MONEY (to hide their big mistakes) and where did it come from then? Alberta. So now we have nemesis! Justin, where will you get the money to pay off your ‘friend’ in Ontario? From marijuana or from your anti oil sands operatives in the United States who paid for your election win? Oh yeah, we ALL will have to pay ONTARIO for Wynne’s mismanagement by our new CARBON TAXES and the ONTARIO PENSION PLAN (and you thought it was for YOU?)…that will not improve our carbon output but will give Wynne the replacement money that Alberta is no longer producing. Get ready for years of financial suffering taxpayers…She has to find innovative ways to tax us to pay for the inordinate amount of money needed to pay for their EXPENSIVE MISTAKES that dumb Ontarians don’t even seem to know exist.
commented 2015-10-29 05:29:45 -0400
What will they do the money runs out and there is not enough people left to tax and they in massive debt to the Banksters? Why is being in debt to the Banksters such a good idea? It’s only a form of slavery.