Originally Posted by
westerly
I'll except that immigration could just be a short term boost, but that is something that can only be confirmed after the fact not before. NZ could easily house 22 million, I think another 800,000 in the next ten or fifteen years will do a lot to pay for the baby boomers retirement quite nicely thank you very much.
Wow, I gave you one oil companies quarterly profit figures which can be confirmed by going on the TAG Oil website and you say most wells drilled are unproductive. TAG's last quarter profit was $12,939,442 forget about the unproductive wells which TAG has too, look at that profit. Not bad for just one Junior Oil Corp. Then you say, " If there is oil there it might be more beneficial in the long term to NZ to leave it in the ground and get the benefit of far higher oil prices as the easy oil runs out." Bollocks, if the Greenies get their way any oil left in the ground will be worth nothing. Go get it now baby. Most of the Gas alone will be exported directly to China earning NZ billions in revenue. I think what you are trying to say is leave it in the ground until Labour is in power and they can gain the benefit from it. Tough titties westerly, it was National that encouraged and stimulated the oil industry and it will be National's baby even if the Green Labour party win the election.