More so, if they go with an aggressive log curve when oil price
rise, this remove any leverage on Canadian oil cies if price do
rise quickly ...
Alberta is a high cost producing area ... even the last royalty
review introduced by the PC a few years ago when Stelmach was the
premier was a total epic fail and was reversed piece by piece
...
I don't trust the NDP ... they haven't been a year in power and
they messed up the place pretty good ... everywhere those lunatics
has been in power in Canada it's been a total disaster
...
Good ... any hike in this environment would have been a disaster
IMHO... but it created so much uncertainty for months ...
plus WCS sell so much at discount compared to WTI and
building a pipeline (East or West) in this country is gettign
more complicated than going to Mars ... so unless oil goes much
higher, times will be though for those cie with all that landlocked
oil !
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More so, if they go
Canadian Energy Stocks ...
Posted by mla127 on 29th of Jan 2016 at 11:34 am
More so, if they go with an aggressive log curve when oil price rise, this remove any leverage on Canadian oil cies if price do rise quickly ...
Alberta is a high cost producing area ... even the last royalty review introduced by the PC a few years ago when Stelmach was the premier was a total epic fail and was reversed piece by piece ...
I don't trust the NDP ... they haven't been a year in power and they messed up the place pretty good ... everywhere those lunatics has been in power in Canada it's been a total disaster ...
No hike on Oil royalties
Posted by mla127 on 29th of Jan 2016 at 02:04 pm
No hike on Oil royalties in Alberta ... status quo !!!
is that a good thing
Posted by tomakeit on 29th of Jan 2016 at 02:08 pm
is that a good thing or bad?
Good ... any hike in
Posted by mla127 on 29th of Jan 2016 at 02:15 pm
Good ... any hike in this environment would have been a disaster IMHO... but it created so much uncertainty for months ... plus WCS sell so much at discount compared to WTI and building a pipeline (East or West) in this country is gettign more complicated than going to Mars ... so unless oil goes much higher, times will be though for those cie with all that landlocked oil !