Skip to comments.
Canada to become next OPEC
WND ^
| Feb. 01, 2008
| Staff
Posted on 01/31/2008 10:16:35 PM PST by jdm
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20, 21-24 last
To: jdm
21
posted on
02/01/2008 5:35:29 AM PST
by
kellynla
(Freedom of speech makes it easier to spot the idiots! Semper Fi!)
To: thackney
What I was told, when I was in Alberta last summer, which makes this anecdotal, is that the cost of getting the natural gas out of the ground is going up. it is not so much depleted as more difficult and therefore more expensive. This cost factor makes it unprofitable at present so they are capping some wells until the price goes up.
It is the oil industry in Alberta that is booming, particularly the tar sands.
22
posted on
02/01/2008 9:32:28 AM PST
by
verklaring
(Pyrite is not gold)
To: verklaring
What I was told... is that the cost of getting the natural gas out of the ground is going up. I think there was some confusion in that discussion. They may have been referring to more expensive to drilling new wells.
But prices for Natural Gas are very high compared to historical prices.
Natural Gas Wellhead Price
http://tonto.eia.doe.gov/dnav/ng/hist/n9190us3M.htm
23
posted on
02/01/2008 9:55:30 AM PST
by
thackney
(life is fragile, handle with prayer)
To: UKTory
Well...Canada is a small nation with no ability to control the price of oil. The liberal elites in Canada, especially the Gaia cultists would love to see Alberta curtail its level of oil production.
Frankly its a win win for Canada and the US. The more North American oil production the US can rely on the better - to finally be free of Islamic oil.
24
posted on
02/02/2008 8:19:06 AM PST
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
Navigation: use the links below to view more comments.
first previous 1-20, 21-24 last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson