Originally posted by bucket
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Argentina: 5 Billion for Shale Devel. Initiative
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Last edited by chuckChuck; Oct 25, 2020, 09:39.
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Originally posted by chuckChuck View PostSo you going to stop using your smart phone and cordless tools that contain cobalt in the batteries? Because I don't see demand for cobalt falling with or without the tar sands.
I thought you were concerned about living and working conditions for Africans? Apparently not!
Interest in investing in the oil sands is so low that Jason (Chavez) Kenney is thinking of a socialist state owned oil company so that Albertan taxpayers can subsidize further development of the dirty and uneconomic tar sands and then pay for the clean up as well.
It will make Argentina's $5 billion dollar giveaway to gas companies look small in comparison!
Do you think Trump will want to buy oil from a socialist state owned company that subsidizes the oil? LOL
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Originally posted by Oliver88 View PostIt sure is crazy isn’t it and shouldn’t be necessary. Unfortunately for investment to happen in a country that has a weak currency, has endorsed socialism again, has a bad track record with bankruptcy they are desperate for jobs.
Google the history of Venezuela to see a good example of a resource rich country going over an economic cliff while ran by socialism. Get back to us with your results and what lessons could be learned.
What happened when Jason Kenney gave $5 billion in subsidy to Alberta oil? For a bunch of self proclaimed right wing capitalists you sure like the socialist subsidies.
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