Quote:
Originally Posted by Johnny 99
How could one argue that housing prices and economic growth will continue to rise? If you really believe that the world demand for oil cannot grow anymore, then wouldn't it be a silly decision to invest in real estate in an oil-dominated economy like the one we have here in Calgary? If John McCain is elected president of the USA, it'll be bomb bomb Iran, and oil prices could easily rise 50%.
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I never once elluded to oil reaching it's peak, did I? I really don't want to turn this thread into an argument about Saskatchewan sitting on the fence with their oil reserves, though. I was simply stating that because of the NDP, they've had to wait until right now to get involved in the oil boom.