David Vanderwell

Past member of the High Praire Fire Department past Chair Lesser Slave Community Futures Agrologist at E&P in High Prairie member of CFNA

[David Vanderwell @DavidVanderwell]

@UnicusResearch Is there a way to gauge if these bailouts are beyond the capacity of governments?

[David Vanderwell @DavidVanderwell]

@amanpour Iran is using the old but reliable delay-delay-delay tactic. These delays hurt USA much more than Iran and thus they will continue to stall for time.

[Energi Media @EnergiMedia]

Alberta NDP MLA Marlin Schmidt says despite MAGA Energy owing $200K in unpaid municipal taxes, the company was granted 170 well leases.

AER refused to show MLAs their reasons for granting the licences.

No documentation was provided.
#abpoli #Energy

[Mark Dorin @mark_dorin]

According to AI, pursuant to Alberta government orders, taxpayers have laid out $412,000+ to landowners on behalf of MAGA Energy Ltd., without shutting its operations down. That’s on top of being delinquent on over $1 million municipal taxes.

How does that sit with Albertans ?

[David Vanderwell @DavidVanderwell]

@mark_dorin Sorry. Is there any documentation, such as Orphan Well Association minutes, that show the AER support, or lack of support for increased funding to meet reclamation liabilities. Info like this to publicly show AER position.

[David Vanderwell @DavidVanderwell]

@Rory_Johnston @ConstanceHunter Not a good sign-suggests this shortage will be going on much longer.

[David Vanderwell @DavidVanderwell]

@biancoresearch @jonathan13601 @NoMaskOnMe Withdrawal would mean reorganization of supply chains and associated financial links. Afghanistan and Vietnam tell the tail of failure to accept the hard truth leaving is the best idea.

[David Vanderwell @DavidVanderwell]

@egreenhough @BuffaloAgLtd Yes-my old man always called them hay burners.

[David Vanderwell @DavidVanderwell]

@chigrl This is really speculative but is it possible for the treasury to “hedge” oil based on the strategic reserve?

[David Vanderwell @DavidVanderwell]

@AndreasSteno That has happened for the last while but the moment you count on it there will be a switch.

[David Vanderwell @DavidVanderwell]

@leadlagreport It is possible. However the need for Eurodollar for oil, and recent decline in treasuries, may offset each other. Melt up can occur but not if American assets have been liquidated thus eliminating the ability to buy yen.

[David Vanderwell @DavidVanderwell]

@elerianm When it hits 162 I will start to worry.

[David Vanderwell @DavidVanderwell]

@leadlagreport I don’t believe this becomes a crisis until they run out, or we believe they will run out, of American assets to sell.

[Mark Dorin @mark_dorin]

Let’s count the ways we are subsidizing a broke Alberta conventional oil industry.
1. Don’t have to pay municipal tax.
2. Citizens pay landowners for them.
3. C-Star royalty holiday (free oil) until well drilling and fracking costs recovered…

https://t.co/G7c4I1gWCn

[David Vanderwell @DavidVanderwell]

@RichardKnack That assumes there is a life raft in the vicinity.

[David Vanderwell @DavidVanderwell]

@politicalham Not quite as bad but the fact the province did not use all the money, provided by the federal government, dedicated to well site reclamation is a shameful missed opportunity.

[David Vanderwell @DavidVanderwell]

@SecScottBessent You better hope congress and bond holders keeps backing this excursion.

[David Vanderwell @DavidVanderwell]

@leadlagreport If foreigners can’t loan, and hedge their Eurodollar exposure these interest rates could keep going up.

[David Vanderwell @DavidVanderwell]

@mcuban The established foot print of existing dwellings will affect future dwellings. If these new dwellings receive the support of the community then there is hope. The negative response to infill housing suggests the odds are against this.