RE:RE:RE:Wall street bullish on oilsand Thanks for revealing your ignorance about canadaian oil and gas to us all.
1. Oilsand is not the dirtiest oil in the world, it is not even in the top t0. You asre just repeating rhetoric of anti oilers which you never done any due diligence on.
The world’s dirtiest oil is the Brass crude blend from Nigeria, where uncontrolled release of methane during the oil extraction process generates upstream GHG emissions more than four times higher than Canadian diluted bitumen.
https://www.alternet.org/2017/07/here-are-worlds-top-10-dirtiest-companies/
2. Russia and saudi produces mostly light to medium oil and gas, not bitumen. Building the silk road require lots of tarsand, not light oil. The coming EV eat into gasoline market, not bitumen market. EVs will still be driving on asphalt road way.
3. LKS exited canada, he didn't exited canadian oil. LKS conglomerate still hold lots of CVS shares, and large chunk of old husky midstream assets
firstworld wrote: LOL new variants far more aggressive Canada lagging ROW while Russians and Arabs can crush Canadian oil in a blink. No one wants the dirtiest oil on the planet why don't we refine it here if it's so great then we can ship it 7000 km on a 200 yr old railway and VIA deep water ports but 100 years ago LOL. Third world country that's why HSE and every other first world entity exiting or gone
Apollo6666 wrote: Yes, big upside as the world opens up, vaccines rolling out.
Bullish,
DYODD