Discover and read the best of Twitter Threads about #whowoulddothistothemselves
Most recents (2)
.@ABDanielleSmith's #RStarScam pet Kris Kinnear is pushing #RoyaltyBunk:
"These benchmarks combined have made capital availability to #oilandgas producers next to extinct."
In reality, it's lack of profit in #abpoli o&g since '09 & insolvency since '05:
saenetwork.ca/royal-line-of-…
"These benchmarks combined have made capital availability to #oilandgas producers next to extinct."
In reality, it's lack of profit in #abpoli o&g since '09 & insolvency since '05:
saenetwork.ca/royal-line-of-…
Accidental truth:
"a co’s income changing month-month...is affected as much if not [>prices+demand than] by production decline + operational failure."
See:
economicsfromthetopdown.com/2022/02/10/a-c…
+
economicsfromthetopdown.com/2022/09/24/how…
"a co’s income changing month-month...is affected as much if not [>prices+demand than] by production decline + operational failure."
See:
economicsfromthetopdown.com/2022/02/10/a-c…
+
economicsfromthetopdown.com/2022/09/24/how…
More accidental truth:
"In a price environment such as Western #cdnpoli’s [in 2021],for many #abpoli #oilandgas producers...“breakeven”now either requires low capital ops yielding production increase, or requires a significant commodity price increase."
[i.e. they're #insolvent]
"In a price environment such as Western #cdnpoli’s [in 2021],for many #abpoli #oilandgas producers...“breakeven”now either requires low capital ops yielding production increase, or requires a significant commodity price increase."
[i.e. they're #insolvent]
“The #oilandgas industry...has never been a free-market capitalistic enterprise. #JohnDRockefeller built his oil empire on the legendary monopolistic fraud, deception, & anticompetitive conspiracies of #StandardOil.” #abpoli
(Black /Internal Combustion/ St. Martin’s 2006:p.271)
(Black /Internal Combustion/ St. Martin’s 2006:p.271)
In 1938, Standard Oil interests organized AB's first o&g regulator. Its first order of business was strangling local production, which it halved--sparking the creation of a Royal Commission into AB oil.
The 1940 report,drafted by chief justice of AB's supreme court is brilliant.
The 1940 report,drafted by chief justice of AB's supreme court is brilliant.
"The [1940 McGillivray] Commission’s review & findings regarding conservation...emerged from the only substantive provincial review of the Conservation Board that has ever been undertaken."
(Breen /Alberta’s Petroleum Industry & the Conservation Board/ UofA + ERCB 1993:p.172)
(Breen /Alberta’s Petroleum Industry & the Conservation Board/ UofA + ERCB 1993:p.172)
