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View Paul Manly Profile
GP (BC)
View Paul Manly Profile
2020-04-20 20:07 [p.2240]
Mr. Speaker, it is really important to support the workers in the oil and gas industry. The oil and gas industry has been dining out on Canadian resources and skipping out on the bill, and leaving these orphan wells. It has been taking its profits and then declaring bankruptcy and leaving orphan wells. We have a huge mess in the oil sands that is going to need to be cleaned up. This is work that needs to be done and there are oil and gas workers who can do that work.
There is also lots of potential with oil wells. About 10% of them are good for geothermal energy creation, and that has been studied and is something that can be done to actually create revenue from some of these orphan wells.
As the price of oil drops, we are also seeing these folks who have the expertise in drilling are going to be able to create geothermal wells as well. We are going to be able to start moving toward renewable because, let us face it, we are not going to be able to compete with Saudi Arabia when it decides it wants to drop the price of oil the way that it has. We are dealing with a geopolitical strife on the oil front.
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