drexel
Toronto Maple Leafs |
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Location: Harvester of Sorrow, AB Joined: 06.29.2006
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If half a century of conservative governments in Alberta would have managed the oil wealth better, Alberta probably wouldn't be in this mess.
See Norway - TheMussel
completely different type of oil patch...cannot compare |
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TheMussel
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 09.24.2013
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from wiki https://en.wikipedia.org/...ritage_Savings_Trust_Fund
"Between 1980 and 2014, although non-renewable resource revenues (NRR) in Alberta generated almost $190 billion - 21peter[7] the value of the Heritage Fund in 2014 was only $17.3 billion."
It's a long way from 190 billion to 'in the trillions' though
If you add 150b in equalization payments to the 190b collected, divide by 34 (number of years from 1980 to 2014) to assume the annual payment, and add a 5% annual ROR on the fund and compound it, the fund comes up to 893b billion dollars. |
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winsix
Toronto Maple Leafs |
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Location: Henry Hudson's Fairchild 24 South Porcupine Joined: 04.03.2016
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We started the Alberta Heritage trust fund in the 70’s. If we had been able to put the cash in instead of sending it east it would be in the trillions now. - Iggysbff
Where is this little factual treasure from? The "east" meaning Ontario I presume helped pay for the development of the Oil Sands together with Federal Government money. Besides frittering away the money and raping the surrounding environment, a great deal of funds were absorbed by years of no provincial taxes in Alberta. Get your facts right you pin head.
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Adam French
Atlanta Thrashers |
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Location: Isn't Cooley 5"11? You know who else is 5"11? Sydney Crosby. - Scabeh Joined: 04.06.2011
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How about them Acadie-Bathurst Titans?! |
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Clearly you don't actually follow the choices....they arent great, NDP is clearly the best of the awful choices we have been given. - Archaic
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TheMussel
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 09.24.2013
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How about them Acadie-Bathurst Titans?! - AdamFrench
Tell me a story about the Titans Adam. |
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TheMussel
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 09.24.2013
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completely different type of oil patch...cannot compare - drexel
Onshore oilfields are much easier to exploit than offshore, oil sands are equal or harder. It probably evens out in terms of cost of exploitation. |
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Adam French
Atlanta Thrashers |
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Location: Isn't Cooley 5"11? You know who else is 5"11? Sydney Crosby. - Scabeh Joined: 04.06.2011
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Tell me a story about the Titans Adam. - TheMussel
They won the Memorial Cup and Noah Dobson is now going 3rd overall. |
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Burkefection
Toronto Maple Leafs |
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Location: Auston, Tavares Joined: 07.14.2011
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I could have sworn I was on a HockeyBuzz writers blog forum? Is HockeyBuzz now an election poll? Stop this madness talking politics on a Hockey Forum FFS. Like religion its a conversation with no conclusion. Enough. |
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PatC80
Toronto Maple Leafs |
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Location: I would never let my children play hockey. The risk of getting drafted by Edmonton is too high", ON Joined: 08.11.2011
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Tell me a story about the Titans Adam. - TheMussel
I think there was a movie about them.. Called "Remember the Titans" |
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Symba007
Montreal Canadiens |
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Location: I'm bi. Why limit yourself with half of the possible delicious pleasures of life - Fredo, ON Joined: 02.26.2007
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They won the Memorial Cup and Noah Dobson is now going 3rd overall. - AdamFrench
According to TSN Button, Habs should draft a center at 3rd overall |
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TheMussel
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 09.24.2013
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I could have sworn I was on a HockeyBuzz writers blog forum? Is HockeyBuzz now an election poll? Stop this madness talking politics on a Hockey Forum FFS. Like religion its a conversation with no conclusion. Enough. - Burkefection
#madnessbuzz |
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PatC80
Toronto Maple Leafs |
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Location: I would never let my children play hockey. The risk of getting drafted by Edmonton is too high", ON Joined: 08.11.2011
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Adam French
Atlanta Thrashers |
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Location: Isn't Cooley 5"11? You know who else is 5"11? Sydney Crosby. - Scabeh Joined: 04.06.2011
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According to TSN Button, Habs should draft a center at 3rd overall - Symba007
Wouldn't it be more prudent to draft a 6'3 RHD wizard and trade him for a winger that played centre in minor midget? |
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Iggysbff
Vegas Golden Knights |
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Location: Peter Chiarelli is a fking moron, Calgary, AB Joined: 07.12.2012
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from wiki https://en.wikipedia.org/...ritage_Savings_Trust_Fund
"Between 1980 and 2014, although non-renewable resource revenues (NRR) in Alberta generated almost $190 billion - 21peter[7] the value of the Heritage Fund in 2014 was only $17.3 billion."
It's a long way from 190 billion to 'in the trillions' though
Compound interest over 40 years.
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drexel
Toronto Maple Leafs |
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Location: Harvester of Sorrow, AB Joined: 06.29.2006
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Onshore oilfields are much easier to exploit than offshore, oil sands are equal or harder. It probably evens out in terms of cost of exploitation. - TheMussel
yes....but their wells are massive producers compared to ours...especially when Canada was drilling 100 bbl/day verticals...completely different scale |
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walshyleafsfan
Vancouver Canucks |
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Location: I really don't care about Nylander, I really hope he gets injured and is out - Makita Joined: 07.14.2011
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They won the Memorial Cup and Noah Dobson is now going 3rd overall. - AdamFrench
Talking of the Q. If there's one guy that's gonna bust at the top of this draft it's gonna be Zadina. I don't think he's got it |
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PatC80
Toronto Maple Leafs |
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Location: I would never let my children play hockey. The risk of getting drafted by Edmonton is too high", ON Joined: 08.11.2011
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Wouldn't it be more prudent to draft a 6'3 RHD wizard and trade him for a winger that played centre in minor midget? - AdamFrench
So the Habs are gonna draft Bouchard, and then flip him to Ottawa for Zadina? Seems like a waste of time, no? |
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Iggysbff
Vegas Golden Knights |
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Location: Peter Chiarelli is a fking moron, Calgary, AB Joined: 07.12.2012
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Where is this little factual treasure from? The "east" meaning Ontario I presume helped pay for the development of the Oil Sands together with Federal Government money. Besides frittering away the money and raping the surrounding environment, a great deal of funds were absorbed by years of no provincial taxes in Alberta. Get your facts right you pin head. - winsix
youve quickly vaulted to the top of the dumbest and most moronic posters on HB list. Well done! |
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TheMussel
Toronto Maple Leafs |
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Location: Toronto, ON Joined: 09.24.2013
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yes....but their wells are massive producers compared to ours...especially when Canada was drilling 100 bbl/day verticals...completely different scale - drexel
fair enough |
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Adam French
Atlanta Thrashers |
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Location: Isn't Cooley 5"11? You know who else is 5"11? Sydney Crosby. - Scabeh Joined: 04.06.2011
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[quote=walshyleafsfan]
More Timo Meier and less Nik Ehlers? |
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21peter
Atlanta Thrashers |
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Location: Peter I Island Joined: 11.18.2014
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PatC80
Toronto Maple Leafs |
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Location: I would never let my children play hockey. The risk of getting drafted by Edmonton is too high", ON Joined: 08.11.2011
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Talent wise, is Nils Lundkvist that far behind Adam Boqvist?.
I keep hearing good things about Lundkvist, could be an interesting choice if the Leafs took him.. |
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walshyleafsfan
Vancouver Canucks |
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Location: I really don't care about Nylander, I really hope he gets injured and is out - Makita Joined: 07.14.2011
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[quote=AdamFrench]
Yeah. Just something about him has never impressed me when i've watched him. |
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