Quote:
Originally Posted by Tower
There are many countries just waiting to come in to Alberta to start. Alberta has emensly low taxation unlike middle east locations as an example...
India - most middle class families want cars and they will need oil.
China - they have more people named Chou with cars than our population in Canada and they want oil as well...
No we do not need to bow down and yes we need to raise the rates to World levels. I'll see If I can find that info for you who are interested. IMO this is a complete PR move to cause more panic in a country that is on the verge of "recession" panic.
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What quality of oil and gas do marginal wells in Alberta produce vs. other world opportunities? What do the well costs to drill here vs. elsewhere? What are the difference in type curves and production rates vs. other opportunities? Can you even give me the general unit of measurement for quality of crude?
If you have to google any of this you don't have an informed opinion on the difference between our oil and gas industry and the world's.