Is Drilling Just Digging Investors Deeper?
Politics

Is Drilling Just Digging Investors Deeper?

Politics tamfitronics By Leonard Hyman & William Tilles - Oct 30, 2024, 5:00 PM CDTOil companies have historically underperformed, with reinvestment often eroding shareholder value rather than enhancing it.Unlike other industries, oil companies’ reinvested earnings have frequently decreased shareholder value, making a case for focusing on dividends rather than relentless expansion. Given weak demand and ample supply, further oil production may only lower prices, questioning the wisdom of recent acquisitions and aggressive drilling strategies. No this is not about politics.A while ago, we argued that, facing weak demand and no shortage of supply, oil companies should not put their resources into producing more oil. The industry...
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TRILLIUM TALK: Digging round Doug Ford’s $17B ‘signature’ mission
Politics

TRILLIUM TALK: Digging round Doug Ford’s $17B ‘signature’ mission

Politics tamfitronics Every Sunday morning, one of our legislative newshounds from The Trillium provides an internal watch on the week that became in Ontario politics — and the week ahead Welcome assist to Trillium Talk, your must-gaze briefing from Village Media’s crew of journalists on the Ontario Legislature.Every Sunday, Scott Sexsmith sits down with one of our staffers at The Trilliumto talk in regards to the week that became at Queen's Park — and the week ahead.Joining us on the novel time isCharlie Pinkertonphase of The Trillium crew of journalists now now not too prolonged ago nominated for a National Newspaper Award for his or her in-depth reporting on the influence of land developers in Ontario politics.Pinkerton has been digging into one other controversial subject: the Ford authorities's "signature"Ontario Line, a$17-billion-plustransit mission that will make...
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