RE:RE:RE:We have to move away from our addiction to oilwajac wrote: Thanks for your comments. They are most welcome. By the way what do you mean by 'government corruption in Newfoundland'. That's a serious charge without evidence to back it up. The government has a duty and a responsibility to the people of the province to oversee resource development and to decide what's in the best interest of the province. Letting the market decide would be chaotic and irresponsible.
we can start with the quote from the article below and can also throw in the fact that they I.e Nfld still have not made a decision on fracking. Does this seem like a business friendly environment to you when the rest of the world is open for business. Self inflicted wounds my friend
Canada has been chastised by its own oil industry for creating a hostile and untenable environment, compounded by the anti-pipeline movement that has constrained the countrys takeaway capacity, sending prices down into deep discount territory in relation to WTI.