Brett,
I thought you'd lost all your hair already, since I only have seen you in ball caps! Just kiddin', Brother.
I am not evern remotely attatched to the O&G industry, but like I said before I already pulled my RRSP's that were in that sector as an insurance policy for me. Been screwed too many times. Plus now I can spend it on fun stuff instead.
I feel that I am lucky to have been in Calgary for the last 10 years, my standard of living is better than when I lived in Vancouver or Winnipeg. I think that guys driving around in Porsches & Hummers are trying to enjoy some of the money they've made in the oil sector (not that I would buy those things, but you get the point). Over all, I have seen so much activity & optimism here I can't even compare it to other places I've lived. I don't need a $400 cheque ever 6 months to stay in Calgary (or Alberta) for a while yet. It might be nice, but I'd rather not have it than see our wicked economy fumble & our house prices go down a bunch & see people going broke because a lot of other people decided that having a small cheque once in a while seemed worth it. Joe average doesn't look at the big picture, it's more like 'if you see you can get it, then let's get it' without the insight into what else might be affected.
I personally could care less if big oil makes a ton or $$ or not very much. It's up to me to invest my money wisely for my own future, not for the gov't to hand it to me. I'd really prefer to see Alberta keep chugging along riding the wave of prosperity for as long as it can last, with some governmental insight into investment for the future like refineries and promoting new business in other sectors to remain strong for the day the wells run dry. I'll be dead by then anyhow, so I'd rather keep the status quo than suffer another economic calamity.
Either way, I'll keep fishin'.