Quote:
Originally Posted by Yikes
I'm in the biz as well, or used to be anyways...if we are talking heavy resource, big time capital investment (other than pipelines) is tied to extraction cost vs commodity value. Royalties, etc. are a pain but are really a piss in the tailing pond.
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For sure. But investment and transactions (M&A) in the conventional, fracking and NG markets is much more sensitive to the political climate.