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Rex Murphy: That sound you hear could be the country fragmenting

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    #37
    Originally posted by chuckChuck View Post
    Governments can easily adjust royalty rates to fit the difference between really profitable ventures and the less profitable ones.

    But the industry will fight tooth and nail against paying any more royalties or having to spend much of their profits on cleaning up anything. They work really hard to avoid accountability on both fronts.
    Yes and no. Liability on old crap must be insane. Like I said before what was acceptable 30+ years ago is not today. Those reclamation jobs are epic in some cases. Anything newer they didn’t do the dumb things so reclamation on less than 35 year old wells takes considerably less time and cost. One of the first thermal plants was decommissioned here as infrastructure was past point of update. The amount of oil which was produced from that deposit and how relatively clean it ended up for being built in the 80’s is great. Fine enough to dwell on the negatives just like those who dwell on negatives of renewables but I would sooner point out the good in things cause that takes a bit more effort.

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      #38
      Originally posted by chuckChuck View Post
      Jazz how is your bitcoin doing? LOL
      Thank goodness we live in a system where we can freely buy and sell it.
      In general, most companies that generate new dollars with real products have had a great run.
      Thank goodness the govt didn't own them.

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        #39
        Originally posted by chuckChuck View Post
        Jazz how is your bitcoin doing? LOL
        My oil is doing great. You have already put my kids through college. Now I am just waiting to see if they will even have to work at all.

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          #40
          Originally posted by jazz View Post
          My oil is doing great. You have already put my kids through college. Now I am just waiting to see if they will even have to work at all.
          You want your kids to not work? Like their daddy? LOL

          I thought you republicans believed in hard work and making a contribution and earning what you get? And not living off their daddy and mommy for ever. No wonder the rich and entitled kids don't want to work anymore.
          Last edited by chuckChuck; Aug 21, 2022, 07:19.

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