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the industry employs one of three Albertans, representing 375,000 direct and indirect jobs, generates 42 percent of Alberta's gross domestic product and is responsible for 36 percent of provincial revenues
1 posted on 11/06/2015 6:49:35 AM PST by thackney
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To: Squawk 8888

Canada


2 posted on 11/06/2015 6:49:56 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Isn’t that their anthem? Woe, Canada. Unfortunately for Canada, the Bakken stops at the North Dakota line. The equivalent in Alberta is called the Exshaw but no one yet has been able to crack the code, as far as I know.


3 posted on 11/06/2015 6:54:48 AM PST by crusty old prospector
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To: thackney

Projects being dropped left and right!

Being under both Liberal and NDP governments will get you that.


4 posted on 11/06/2015 7:27:27 AM PST by VanDeKoik
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To: thackney

Lifting and exploration costs are very high in Canada due to the terrain and in some cases labor cost. The decrease in the Canadian dollar is killing them too.

This isnt new...a similar situation happened in the mid-late 80s.


5 posted on 11/06/2015 7:40:39 AM PST by rrrod (just an old guy with a gun in his pocket.l)
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To: thackney; Clive; exg; Alberta's Child; albertabound; AntiKev; Byron_the_Aussie; Cannoneer No. 4; ...

Canada Ping!

11 posted on 11/06/2015 8:28:19 PM PST by Squawk 8888 (I don't run; if you see me running, you should run too.)
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To: thackney

Would Canadian and American oil be able to supply both nations without OPEC? How would the pipeline help both countries now? Do we have our own refineries (I know only one new on being built in PA)?


12 posted on 11/07/2015 4:50:58 AM PST by huldah1776
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