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The end of Canada
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Tom in Lazybrook Offline
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Post: #38
RE: The end of Canada
(12-03-2018 08:24 PM)georgia_tech_swagger Wrote:  
(12-03-2018 07:59 PM)Tom in Lazybrook Wrote:  You really should consider looking at a more nuanced view of Canada. Canada's economy is a LOT more diverse than just Oil Sands petroleum. Its not even Alberta's biggest export (its natural gas). https://en.wikipedia.org/wiki/Economy_of_Canada. Albertan Crude Oil probably represents somewhere around 3 percent of Canada's economy. Oil is probably no more than 12 percent of the economic output in Alberta and is maybe represents 5 percent of provincial employment.

The Bloomberg link appears to be little more than the Saudis and the Russians agreeing to cut production, and Rachel Notley (the NDP Primier of Alberta) also trying to cut the glut.


Read the link in the top about Alberta cutting oil production by "an unprecedented" amount.

Ok..the wellhead price of Albertan Heavy Sour is probably less than 20 USD/bbl. Ordering a cut is probably more of a plan by Notley to simply stop Albertan companies going bankrupt in a dumb fight to see who can protect market share while losing money with every barrel sold.
12-03-2018 08:51 PM
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Messages In This Thread
The end of Canada - georgia_tech_swagger - 06-26-2018, 11:55 PM
RE: The end of Canada - 49RFootballNow - 06-27-2018, 12:21 PM
RE: The end of Canada - Owl 69/70/75 - 06-27-2018, 12:56 PM
RE: The end of Canada - Captain Bearcat - 11-09-2018, 09:47 PM
RE: The end of Canada - arkstfan - 06-28-2018, 12:58 PM
RE: The end of Canada - 49RFootballNow - 06-28-2018, 09:53 PM
RE: The end of Canada - arkstfan - 06-28-2018, 10:41 PM
RE: The end of Canada - arkstfan - 06-28-2018, 03:16 PM
RE: The end of Canada - bullet - 06-28-2018, 08:08 PM
RE: The end of Canada - BobcatEngineer - 06-29-2018, 10:47 AM
RE: The end of Canada - Brookes Owl - 06-29-2018, 01:34 PM
RE: The end of Canada - Lord Stanley - 11-14-2018, 09:27 AM
RE: The end of Canada - Tom in Lazybrook - 11-14-2018, 12:41 PM
RE: The end of Canada - Tom in Lazybrook - 11-15-2018, 04:45 PM
RE: The end of Canada - Tom in Lazybrook - 11-15-2018, 06:26 PM
RE: The end of Canada - Tom in Lazybrook - 11-15-2018, 08:50 PM
RE: The end of Canada - Tom in Lazybrook - 11-15-2018, 10:36 PM
RE: The end of Canada - Tom in Lazybrook - 11-16-2018, 11:32 AM
RE: The end of Canada - Tom in Lazybrook - 11-16-2018, 01:16 PM
RE: The end of Canada - Owl 69/70/75 - 11-16-2018, 01:22 PM
RE: The end of Canada - Tom in Lazybrook - 11-16-2018, 01:27 PM
RE: The end of Canada - Owl 69/70/75 - 11-16-2018, 01:58 PM
RE: The end of Canada - nomad2u2001 - 11-18-2018, 04:57 PM
RE: The end of Canada - Owl 69/70/75 - 11-18-2018, 05:11 PM
RE: The end of Canada - nomad2u2001 - 11-18-2018, 05:34 PM
RE: The end of Canada - Owl 69/70/75 - 11-18-2018, 07:00 PM
RE: The end of Canada - Tom in Lazybrook - 11-18-2018, 10:58 PM
RE: The end of Canada - Owl 69/70/75 - 11-19-2018, 06:24 AM
RE: The end of Canada - arkstfan - 01-24-2019, 04:38 PM
RE: The end of Canada - Owl 69/70/75 - 01-25-2019, 02:25 PM
RE: The end of Canada - chess - 11-17-2018, 11:45 AM
RE: The end of Canada - Tom in Lazybrook - 12-03-2018, 07:59 PM
RE: The end of Canada - Tom in Lazybrook - 12-03-2018 08:51 PM
RE: The end of Canada - JRsec - 01-25-2019, 10:21 PM
RE: The end of Canada - arkstfan - 01-29-2019, 02:57 PM
RE: The end of Canada - bullet - 07-23-2019, 08:37 PM
RE: The end of Canada - bullet - 07-23-2019, 08:42 PM
RE: The end of Canada - bullet - 07-23-2019, 08:47 PM



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