there is no death.
the province is rich in resources, and will do just fine.
short term problems abound, but over the longer term, they can have the largest oil field in the Americas.
Just two years ago Goldman’s commodities expert predicted$150 oil. Today he predicted $20 oil and a glut for the next 15 years as from 1986.
The experts seem to be consistently forecasting the current conditions.
IEA and EIA data both suggest production will fall below supply in the next year. Their production forecasts look optimistic and the consumption looks pessimistic since they are both mostly a forecast of the present.
I doubt Goldman is correct and I don’t trust them at all.
I’m losing interest in the whole affair. I’ll ride it out another year and then plan on going to he farm for good.
BTTT.
Canada Ping!
Petro Ping.