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Old 06-08-2017, 09:05 PM   #3681
Mr.Coffee
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Oil prices need one of two things to see revival to sustainability >$50/bbl WTI.

1. OPEC extension to cuts beyond spring 2018, but is this really a sustainable model for the commodity? I don't think so... eventually OPEC member nations will try to flood the market and win back market share again, or the deal amongst the OPEC member nations will erode beyond that 90%-95% commitment level where nations are following what's been agreed. I can foresee a few member states cheating a bit more, basically as their public finances continue to be problematic.

2. Geopolitical event of some major magnitude disrupting supply. For example, Iran going to war against Saudi Arabia or blocking oil shipments in Straight of Harmuz, or something like that.
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Old 06-19-2017, 11:00 PM   #3682
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Wow, it's the summer peak driving season and oil is under $45. Not good.
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Old 08-10-2017, 01:04 PM   #3683
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And. Here. We. Go.

http://www.cbc.ca/news/canada/britis...-ndp-1.4241796

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B.C. has announced it has hired outside counsel to begin its legal challenge of the Trans Mountain pipeline expansion project.

On Thursday, B.C. Environment Minister George Heyman and Attorney General David Eby said the province has hired lawyer Thomas Berger to provide advice to the government.

Berger is a former Supreme Court justice.
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Old 08-10-2017, 01:42 PM   #3684
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Old 08-10-2017, 02:26 PM   #3685
puckedoff
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Hope they didn't plan on selling Site C electricity to Alberta......
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Old 08-10-2017, 02:34 PM   #3686
Bill Bumface
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I thought being one big country instead of a bunch of little countries was supposed to give us an advantage in acting for the good of the whole, not special interests.
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Old 08-10-2017, 02:37 PM   #3687
Weitz
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I thought being one big country instead of a bunch of little countries was supposed to give us an advantage in acting for the good of the whole, not special interests.
Haha good one.
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Old 08-10-2017, 03:47 PM   #3688
Violator
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Hope they didn't plan on selling Site C electricity to Alberta......
Stoping construction of site c was one of the campaign promises
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Old 08-10-2017, 04:34 PM   #3689
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B.C. plans on having an economy fuelled entirely by offshore real estate speculation. Hope that works out well for them.
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