Quote:
Originally Posted by New Era
Since large losses and declining revenues are your measure for failure of a company or an industry, maybe you can look at the performance of Suncor (down 27%), CNRL (down 31%), Encana (down 72%), and Husky (down 51%) over the past 18 months? Exxon is even off 22% during the same time. This is an industry that receives massive subsidies and tax breaks, so it certainly doesn't appear to be doing very well. Paints a pretty bleak picture for the industry and its future, amiright?
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Please expand on “massive” subsidies and tax breaks, in detail if possible.