Electric.

[sumdumguy]

Australian relative asked me about moving to Canada to set up an engineering consulting business. His banker advised him against it because sentiment in world business says, “Canada is where projects go to die”. Two of his engineer clients came to Canada and tried in Eastern Canada and said, “ Nothing going on there”. One moved to London, England, the other to Dubai. The future is gloomy here and the world is looking elsewhere for opportunity. That’s the reality as we watch the “ woke joke” run the country into the ground with its craziness.

[chuckChuck]

How come the free marketers support government regulation and intervention to take away landowners rights to deal with oil companies who want access to their land?

[kANOLA]

Chuck you have educated us on on all the down sides of the oil industry , you are on top of things when it comes to research , could you please go to your RM and find out how much revenue comes from the four SAG-D plants.

[AlbertaFarmer5]

Rule of thumb seems to be multiplied the lease revenue by either 3 or 5 years and add that to the purchase price.
I have one quarter, that the lease revenue would cover the entire purchase price spread over the span of a typical 25-year mortgage. And that is assuming that the lease payments never go up with inflation, which may obviously do. Although perhaps not at the same rate as land is appreciating.
When deliberating land purchases, I always include any lease revenue in my calculations.
Of course, I have never had to deal with a company that wasn't paying.
I have asked various Realtors if the non-payment issue has changed the math on purchase price, and they assure me it has not.

[furrowtickler]

My RM has near zero oil / gas , it’s right next door but what carries our RM is being close to town and the Ag structure in place , carried by farmer money anyway

[furrowtickler]

In my home county, industry pays 93% of the property taxes, that's almost entirely oil and gas facilities.
I forget the exact number, but farmland is only one or two percent. It would be an unthinkable shock to the system if that goes away.

Chuck , show the numbers in the RM or Meota
You know everything about everything apparently

[TOM4CWB]

Interesting Standards the EPA just published in the US… for 2035…. To meet them 50% of all new cars and light duty vehicles will be required to be full electric propulsion…

The EPA does not include the carbon footprint of manufacturing the electric vehicles… or electrical generation…

Politically motivated pollution decarbonization environmental laws … are not science based. Obviously Trudeau Liberals/NDP will cheer and praise the Biden suicidal transportation ideals… Most of our Canadian climate is not EV practical… for the vast majority of our transportation needs for our land base.

Just like Covid Vax… comes the Carbon tax … we in the west are expected to freeze in the cold…

Blessings and Cheers!

[WiltonRanch]

Ultimately what it comes down to with Chuck and other oilfield haters I know of who mysteriously all support the same political party is that they do not like oil activity and will object to it at all costs to the point of making fools of themselves like JW’s and suicide bombers. There is no reasoning with them even if you agree with some of what they say because you know deep down they want it all gone. Thankfully the real nuts are dying out like the old commies at red square in Battleford. They are selfish old bastards who’d rather everyone suffer for whatever they think the world should be.

[AlbertaFarmer5]

Quite the expert you are ! Strange as I don’t see many wellheads around you , actually none ?

How did you possibly miss all of the wellheads at Chuck's, they are right beside the solar panels which no one has ever seen, of course.
And I assume in the same place as all of the deceased oil and gas workers he claims have died on his property. You could also just follow the leaking H2S, he claims to have a big problem with that as well. Seems like a believable story.

[AlbertaFarmer5]

I pay taxes in three different RMs and I have noticed locally that RMs with oil and gas revenue are doing quite well. With that said, taxes to land owners have been increasing at much slower pace.I do believe improvements had to take place environmental wise which are happening. Glenn you might want to check what your RM collects in oil revenue since SAG -D plants have been put in place.

In my home county, industry pays 93% of the property taxes, that's almost entirely oil and gas facilities.
I forget the exact number, but farmland is only one or two percent. It would be an unthinkable shock to the system if that goes away.