TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Jan 05, 2020 11:14pm
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Post# 30520941
RE:RE:RE:p o s h it
RE:RE:RE:p o s h itYou would think so but it may be a while yet.
Unfortunately, when missiles strike Aramco oil facilities the World forgets all about it within a week and concludes that its just a harmless blip on the Mid-East radar--nothing to see here folks. Soleimani's death may turn out to follow a similar script but the tinderbox is not going away anytime soon.
When Greta and friends show up at the legislature in Alberta and start chanting (with a bunch of other people who don't have much to do all day) about shutting down the oil industry then the effects linger and pension funds divest so called "dirty" oil stocks.
Meantime, there are no environmental regulations in Saudi Arabia and in the U.S. there is so much associated gas with the oil fracking industry that they are openly flaring it--laissez faire industry that is completely unrestrained with virtually no international media coverage.