tag:blogger.com,1999:blog-3133229932455303226.post2928221855707858838..comments2024-03-02T00:17:05.098-08:00Comments on 24 Percent Majority: We sold our souls for rock and oil - Week 127 - Sept 30 - Oct 7Davehttp://www.blogger.com/profile/09020400136261222984noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3133229932455303226.post-55696500580568873302013-10-09T08:42:58.552-07:002013-10-09T08:42:58.552-07:00Once again, I know this isn't what you're ...Once again, I know this isn't what you're arguing. But...why is it okay for a foreign state-owned oil company to invest in Canada, but it's basically communism if anybody suggests we could develop these resources via some sort of state owned company?Davehttps://www.blogger.com/profile/09020400136261222984noreply@blogger.comtag:blogger.com,1999:blog-3133229932455303226.post-86864410538075656982013-10-08T22:05:09.937-07:002013-10-08T22:05:09.937-07:00And thanks for writing.And thanks for writing.Howardhttps://www.blogger.com/profile/06209657299756749858noreply@blogger.comtag:blogger.com,1999:blog-3133229932455303226.post-38938166823005736972013-10-08T22:04:14.500-07:002013-10-08T22:04:14.500-07:00Well, I agree with you that we shouldn't be in...Well, I agree with you that we shouldn't be in a hurry to just pull the stuff out of the ground. It doesn't make much sense to me to have Chinese companies use Chinese workers to extract BC coal, for example. But the world needs energy and LNG is a lot better than the alternative, which is coal. If a Malaysian (or Chinese) company gives us, as the owners, the best return, then I'm all for it. Howardhttps://www.blogger.com/profile/06209657299756749858noreply@blogger.comtag:blogger.com,1999:blog-3133229932455303226.post-79046434709059231442013-10-07T22:23:26.165-07:002013-10-07T22:23:26.165-07:00And thanks for reading.And thanks for reading.Davehttps://www.blogger.com/profile/09020400136261222984noreply@blogger.comtag:blogger.com,1999:blog-3133229932455303226.post-19265537563514888692013-10-07T22:22:31.278-07:002013-10-07T22:22:31.278-07:00Not that that is what you were arguing. I'm j...Not that that is what you were arguing. I'm just saying that's what I don't like about the whole thing.Davehttps://www.blogger.com/profile/09020400136261222984noreply@blogger.comtag:blogger.com,1999:blog-3133229932455303226.post-49105373240657278382013-10-07T22:21:50.061-07:002013-10-07T22:21:50.061-07:00You may have a point and there's a good chance...You may have a point and there's a good chance I phrased things poorly. I guess the point I'm trying to make is that by accepting outside investment in "our" natural resources, we're giving something up. Why else would outside companies look to invest. On the one hand, who else is going to put the money in to this to get it to the point where it starts generating benefits? But what if we just looked at this in a totally different fashion? What if we weren't just content to scrape 5-10% (or whatever) of the value of this natural gas through taxes and whatnot? I just don't get why we race to pull all of this stuff out of the ground as quickly as possible and then sell it off at a pittance in the name of "jobs".Davehttps://www.blogger.com/profile/09020400136261222984noreply@blogger.comtag:blogger.com,1999:blog-3133229932455303226.post-63108989466235629912013-10-07T21:53:45.089-07:002013-10-07T21:53:45.089-07:00I read your blog regularly and I think you should...I read your blog regularly and I think you should get a Senate seat or something for your public service, but you're barking up the wrong tree on the Petronas LNG story. The Malaysians won't own "our" LNG - the province of BC will, at least until it sells it to them. Canadians invest a lot of money overseas and we're not really in a position to complain about foreigners investing here. What we should be concerned about is maximizing the return on our asset, taking into account the environmental cost of exploiting it.Howardhttps://www.blogger.com/profile/06209657299756749858noreply@blogger.com