Quote:
Originally Posted by Ozy_Flame
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.
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Sure, there are global factors and I wouldn't ignore those. How about the idea of a royalty review thrown in for good measure? Or how about the appointment of Tzeporah Berman to the oilsands advisory committee?
I feel like the NDP gets a pass for the global issues, because they obviously can't control the OPEC output and things of that nature. I'm not convinced that those two decisions are a great response to that issue though.
And this thread is hilarious. I said that the WRP and NDP are polar opposites and the response is basically "they're closer than you think".