Quote:
Originally Posted by nik-
Sure, the world is changing, but global oil demand still goes up every year, so maybe it's not changed like you seem to think it is.
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Demand isn't the issue. Just that our oil isn't cheap enough to produce. Do you want to subsidize an unprofitable industry or invest in more sustainable industries?
Do you think it is oil or bust for Canada?
Do you think we are in a down cycle on oil prices, and there will be a rebound coming up? Honest questions.
It's interesting to note that low oil prices suppress development of alternative energy technologies. Not as much impetus to spend money on alternative energy when cheap oil is at the ready. Some people who are anti-fossil fuels love to see oil in the tank but if you really want to see green technologies advancing you should be hoping for 100 a barrel oil.