Letter to the Editor: More thoughts as to why activity levels are so low
I read your articles regularly and with interest as I have been involved in the Saskatchewan oilpatch for the last 27 years, finding oil and building and selling small private companies. I think all your points about industry activity levels and how the provincial government can help are correct and appropriate. We should encourage them as much as possible.
I would like to add a couple more thoughts as to why activity levels are so low.
Brian Zinchuk: Forget a northern energy corridor to Hudson Bay – just do it within Manitoba
There’s been talk of an energy corridor running from Port McMurray to Fort Nelson on Hudson Bay.
However, it all depends on Manitoba’s election on Tuesday, Oct. 3.
Everyone knows about Fort McMurray, but next to no one knows about Port Nelson, on the mouth of the Nelson River. Nor should they.
Here’s a better idea – build it all within Manitoba.
Brian Zinchuk: Some suggestions for the Saskatchewan government to stimulate activity in the province’s oilpatch
As I noted on Sept. 28, there’s a substantial amount of concern in the oilpatch about the lack of activity despite high oil prices. As one person told me, “When oil was $40 a couple years ago I was optimistic that a price recovery would lead to increased activity in our region. Now that we’re struggling to keep a double digit rig count in SE Sask with $94 oil ($127 CAD) it’s tough to stay optimistic.”
Brian Zinchuk: With oil prices now at US$94 per barrel, why is industry activity akin to when it was half that?
In the last week I’ve spoke to some of the most knowledgeable people I know in the Saskatchewan oilpatch, business owners all, from Weyburn, Lloydminster and several from Estevan. There’s a rising chorus of dissatisfaction amongst them. Things should be booming in this province’s oilpatch, but they aren’t. And this disquiet could threaten the governing Saskatchewan Party with the potential loss of a key portion of its base.
Jim Warren: Guess what happens when eco-zealots are put in charge of making climate policy?
Over the past decade we’ve learned that failure and misfortune often follow when people who bleed green are allowed formulate emissions reduction policies. Experience has shown green transition targets set by inept policy makers like Steven Guilbeault, Canada’s greener than goose poop environment minister, generally turn out to be hopelessly unrealistic.
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