IN LARGE PART THE ENTIRE PISS POOR ECONOMY OF ALBERTA LAYS AT THE HEELS OF THE VERY INDUSTRY THAT HAS SUPPORTED STRATOSPHERIC PRICES IN EVERYTHING WHEN IT COMES TO OIL.
WITH THE EXCEPTION OF 1 THING THAT MAKES ALL THE DIFFERENCE WHEN THE BOOM BUSTS BUDGETS.
PISS POOR WAGES TO THE LOWER END OF THE FOOD CHAIN AND THE COME HELL OR HIGH WATER SPEND SPEND SPEND OF THOSE ON THE UPPER TIERS.
NO WONDER THINGS GO FROM BAD TO WORST FASTER THAN THE ROAD RUNNER AND WILLIE E. COYOTE.
AND THE PAST GOVERNMENTS OF ALBERTA ALL SHARE A LARGE PART OF THAT RESPONSIBILITY.
ADDICTION TO THE OIL REVENUES ALWAYS CLIMBING AND SLIGHTLY DIPPING, BUT NEVER IN THEIR WILDEST IMAGINATIONS PLUNGING INTO GRAND CANYONS AND STAYING THERE.
IF YOU DON’T LEARN THIS TIME, THEN SIMPLY PUT – ALBERTA IS FUCKED !!!
AND YOU’RE DREAMING IF YOU THINK ANY SKIRMISH IN THE MIDDLE EAST IS GOING TO SAVE YOUR BUTTS.
PRICE OF OIL WILL REMAIN CYCLICAL. BECAUSE ONCE IT GOES BACK UP – RAMP UP THE HYRBRIDES AND ALTERNATIVE POWERED VEHICLES PRODUCTION AND ALL THE MINOR OIL FRACKING PLAYERS.
IN A NUTSHELL, THERE’S NEVER BEEN MORE OIL AND NO MARKET TO SELL IT IN.
AND WE HAVEN’T EVEN GOTTEN TO THE CLIMATE CHANGE DISCUSSION.
PLEASE SIT DOWN, THIS IS GONNA TAKE MORE THAN JUST 5 MINUTES.
BEST LEFT AN ANOTHER DISCUSSION ENTIRELY ON IT’S OWN MERITS.
Oooooops, did I forget to mention that GLOBAL ECONOMIES aren’t running on all 8 CYLINDERS ? Damn, never crossed my mind. DAMN TIMING BELT, CAN NEVER DEPEND ON SOMETHING RELIABLE. OH WELL, ONCE EVERYTHING IS RUNNING TICKEY BOO ON MY END, MAYBE WE’LL ALL CLIMB OUT OF THE TUNNEL VISION SYNDROME. A LA FLUID DYNAMICS.
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