I was watching the news this morning, and the Fed report that was released estimated that the long term Oil prices will probably dip to $35 dollars US per year. The World Bank report estimates about $63 to a top end of $70.00 per barrel by 2020.
So it looks like there won't be some kind of quick end of the year recovery in Alberta.
__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
|