The reason for the hard times and the trouble getting anything built has absolutely nothing to do with federal regulations, it was all because nothing was financially viable. And in the worst crisis in our lifetimes, we’re seeing the govt double down on failed ideas.

That’s what actually happened. Alberta is pumping and selling record amounts of oil. They do it with fewer people. Separatism is being supported by foreign agents, but the grievances are real: it’s just that it’s the global market, not the federal government that is to blame.

In 2022-2023, oil prices and profits were at historic highs. Again this was due to cartels and collusion, but it drove up inflation globally. They colluded on throttling production, so workers and subcontracts got nothing. It all went to bond holders and shareholders.

The Feds built a pipeline which means Alberta can get $10 more per barrel because it’s being sold on the world market not the US.

The result was Depression-like conditions for many in Sask, Alberta and the MB oil patch. 100% the result of Saudi Arabia and global oil prices and a crushing personal debt overhang.

I am a pragmatist about energy and development, but the entire line that the federal government is to blame for the 2014 oil price crash which was a deliberate act of financial warfare aimed at North American shale producers. Prices dropped 70% in 2 years.

There is also an email from Ruemmler with all the questions about Epstein and Trump from @viceland.bsky.social and reporters

journaliststudio.google.com/pinpoint/doc...

I would add the deepest cuts were under the Harper Conservatives, who were utterly incompetent when it came to economic recovery.

Here’s the full explanation.

open.substack.com/pub/dougaldl...