Latest Breaking News
In reply to the discussion: Chavez body to go on permanent display [View all]Benton D Struckcheon
(2,347 posts)...but heavy crude is the same stuff that Canada has in their oil sands. This would make it hard to extract and refine. So yeah, if you raise the royalty to something the guys who actually developed the capacity to extract it in the first place think is uneconomic, they'll leave. No surprise there.
Yeah, they're in business to make money. Oh my. So am I and so are you, even if you're a worker selling your wages. What you're selling is the skills and experience you bring to the job you're hired for. You would not accept a less than market rate for your work, and neither would these guys. Simple stuff. This is not an issue of these guys not being willing to do the work to extract the stuff, or doing it in some unsafe way - although no doubt they would if they could get away with it - this is an issue of them being unwilling to do work they won't get paid for. I find nothing wrong with that, any more than I would find anything wrong with Wal-Mart workers shutting that place down to get paid properly. Which I wish they would. But that's another story.