Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:RE:RE:Shale Oil Earnings Coming Soon --and they will be ugly

[mrbb]

mining and extraction of rare earth metals and graphite are far dirtier and  toxic than oil and gas extraction.

firstworld wrote: Also consider there natural gas market flooding in West Canada caused by the endles thirst for high priced condi for heavy oil diluent. If it wasn't for diluents demand few wells would be drilled....O&G is a dirty business any way you look at it but so are asthma inhalers, beef production and many other products that are far more damaging.

oilandgasmick wrote: Yes indeed and as an ugly add-on, the associated gas with these oil shale frac jobs has basically flooded the natural gas market which in turn has decimated even the best Canadian gas companies. 

So much carnage has been wrought by a ponzi scheme that would best be labelled "The Big Short-Part II'

The banking industry in the U.S. learned virtually nothing from the 2008 fiasco. 

I guarantee everyone that as the ugly truth emerges about this garbage, there will be a mad rush for the door and a lot of people are going to lose a lot of money. That probably happens in 2021 since there is a lag effect in all this stuff and most brokers won't warn their clients until the dam breaks. When the smoke clears, Alberta heavy oil will be recognized as safe, long lasting reserves that are both economically and politically stable.