If the suggestion was that the NDP might have been the reason for oil crashing, that is just ludicrous.
Among other things that led to the 2014/2015 crash beyond just Alberta:
- Strengthening in the value of the U.S. dollar;
- OPEC retained production levels;
- Growing levels oil production and inventory
- The weakening global economy
- The removal of sanctions against Iran, which led them to start exporting oil again.
I mean I guess we could add the Alberta NDP to that list of calamities, but you'd have to provide proof the crash was done by a bunch of Canadian provincial socialists.
|