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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (2291)9/30/2001 8:21:34 PM
From: Cogito Ergo Sum  Respond to of 36161
 
Ottawa has nothing to do with it. IMO, inviting the Feds into investing "once again" into the Alberta oil patch would effectively be inviting them in to nationalize our energy
sector -- "once again."

Amen...



To: Frank Pembleton who wrote (2291)9/30/2001 11:12:49 PM
From: t4texas  Respond to of 36161
 
seems that suncor must get the cash cost down to around $3 to $5 to be competitive with saudi arabia's oil costs. i suppose if suncor, et al, knew methods or promising research that could get to that type of cost, suncor would move heaven and earth to get it done.

as far as who owns the land in alberta, i assume unless it is already federal land or privately owned by some company or some person that the land is owned by the state.



To: Frank Pembleton who wrote (2291)10/1/2001 1:12:07 AM
From: drugstorecowboy  Respond to of 36161
 
"inviting the Feds into investing "once again" into the Alberta oil patch would effectively be inviting them in to nationalize our energy sector -- once again"

No one will be inviting them to the party and if they invite themselves again the way they did in the early eighties they will find they have a whole lot more on their hands than they bargained for. If they think they have had problems with the French they ain't seen nothin yet. Unlike Quebec, Alberta really is able to go it alone in the cruel world and anyone who experienced the national energy program courtesy of Trudeau, LaLonde and others of their ilk in the eighties will be only to happy to say adios to Ottawa.

Kowboy