Hurley Hurley:
And take your "slowdown" talk and stick it where the sun don't shine. If you're barreling down the highway from Edmonton to Calgary at 200, you don't say, as you fly though Airdrie, "oh dear, if we hit the brakes now, we'll add another thirty seconds to our journey, so we'd better not do that." You hit the brakes because it's a miracle you haven't crashed yet, and if you don't you just might not make it.
You hit the brakes and you let the rest of the economy catch up at a reasonable pace. A slowdown doesn't mean a standstill. A slowdown doesn't mean going backwards. A slowdown means being able to keep up while allowing for a reasonable rate of growth.
You know I can sympathize with you. Not everyone has been on the receiving end of this "boom". In fact it has hurt allot of people particularly the ones with lower to average incomes but asking the government to step in and slow things down is just asking for trouble. The government, be it provincial or federal, doesn't really have the best track record when it comes to screwing with free market economies.
You mentioned that the Alberta government should start turning down applications for development but how do you propose they do that? Which ones do they turndown? Tell Conoco no but BP yes. Or do they say that you can only develop lands with certain level of reserves? Problem is you never know what’s in there until you drill and do your completions.
I was looking for a chart on drilling activity over the past 50 years but I couldn't find one. One thing I think most people have forgotten is that the oil industry is a very fickle friend. It's a boom or bust industry. Don't worry about a slow down Hurley because it will come sooner or later all on its own.
*Just one question here, why are we talking about Alberta's oil industry and EI on a thread about the federal Liberals breaking election spending laws? You liberals, always trying to deflect.
CKA Elite 
