DSC_3228

Pipe for oil field File:Photo KDG

The Trans Mountain Pipeline company is saying that the resource is blocked from the inside out. Referring to the Financial Post and writer Peter Tertzankian’s view on the economics of tar sand oil. ” 70 dollar oil is not peachy” “There are many Sears Canada in the oil patch.”

 

Too often, billions of dollars of taxes and royalties are unnecessarily forfeited to foreign interests. Despite the fact the Canadian oil and gas industry is setting the pace in carbon policy, environmental compliance, safety standards, Indigenous collaboration, innovation, transparency, corporate governance, social responsibility and business competitiveness too.

In our view market share is an unseen hand that can hinder or promote the sale of resources. Conservation and responsibility while not as attractive as unbridled prosperity, remains a  virtue in a world that needs stability.

Remembering the Mackenzie Valley pipeline that was never built is probably the best benchmark against giving away our wealth. Everything in its time, or the destruction by greed which is better?

We liked Sears Canada.  They were homey. As homey as Ethanol is to the Midwest of the US.

We like them better at 60 dollars a barrel.

On this Day: March 1st 1919

March 1st movement begins.