A Complete Waste of Space

Oil now trading at $48 a barrel.

"If oil prices remain below $70 per barrel, expensive oil sands will not be sustainable and Canada’s largest oil sands producers will most likely cut spending. A report from the Bank of Nova Scotia says that drilling in Western Canada may fall by 15 percent in 2015."

The above was quoted in the first week of December. Do the math. It's now worse.
Keystone at the current price of oil, ain't viable.

Not relevant to Pud ....

If the oil price falls too far, however, the USA's recent fracking boom will come to an end. Forces are at play to end the USA's projected energy independence and return the country to dependence on the Middle East for its fuel supplies. The USA's long-term key supplier, Saudi Arabia, doesn't want to lose grip on its best customer.

What part of "not relevant" don't you understand?

HappyHappy wrote:What part of "not relevant" don't you understand?

Fuck, you're stupid.

Hmmm, he must be an idiot.
Not relevant and he keeps posting.

Can't fix stupidity, RD looks like you and Commieshit are hopeless.

OMG!

Fuck, you're stupid !!!!!

actually, fracking is cheaper, provided infrastructure is already in place, than some of those far-flung deepwater rigs, or the damned polar bear habitat
everyone fretted over. No oil company is going to waste time plumbing Alaska when June futures were seeing bids in the low 20 dollar range being offered today.

Hmmm, he must be an idiot.
Not relevant and he keeps posting.

Can't fix stupidity, RD looks like you and Commieshit are hopeless.

He may be STUPID but at least he is a liar

HappyHappy wrote:Hmmm, he must be an idiot.
Not relevant and he keeps posting.

Can't fix stupidity, RD looks like you and Commieshit are hopeless.

He may be STUPID but at least he is a liar

Shut up, troll.
Haven't seen you offer an opinion on ANYTHING relevant.

Reservoir_Dog wrote:

HappyHappy wrote:Hmmm, he must be an idiot.
Not relevant and he keeps posting.

Can't fix stupidity, RD looks like you and Commieshit are hopeless.

He may be STUPID but at least he is a liar

Shut up, troll.
Haven't seen you offer an opinion on ANYTHING relevant.

Go ahead...make yer point R_D...it's mirror time, not 'Miller Time'.