Quote:
Originally Posted by bizaro86
That used to be true, but isn't any more. Canada produces more energy in oil than it does in gas, and the energy in oil is worth much more than the energy in gas.
Plus, oil development is more "people dense" than gas development, especially the way we do it here, with giant oil sands projects.
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I'm talking more about volume in the ground, not volume produced, but you have some points.
Quote:
Originally Posted by ranchlandsselling
Ummm.... Are you talking about Natural Gas? Which has nothing to do with gasoline... other than it might be used as a fuel to run camps and equipment to generate power to extract oil which can then be turned into gasoline to fuel vehicles.
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I was just pointing out that the Oil and Natural Gas economy of Alberta isn't entirely dependent on oil prices, but that Natural Gas prices should be considered too. And your point was what I was trying to get at, that Natural Gas prices have little to do with gasoline, so a move away from gasoline transportation will not affect natural gas as much.