RE:RE:RE:Should there be forced production cuts in Alberta?Yes, I agree. Most of the Oil being sent South has been
hedged to higher prices.
It is a bit fake for anyone to suggest all of the Oil is
being sold at “Today’s Spot Price”.
Hopefully Suncor & others aren’t sending millions of barrels
a day without having contracts in place !!!
The Natural Gas is the same.
The spot price actually went negative after the Enbridge
explosion but that didn’t mean that all the producers
in all of Canada had to sell at that Price.
If Cenovus & CNRL haven’t hedged thier production perhaps
the CEO & CFO’s should be fired.
Kinda silly for them to whine to & blame a government
they have been Politically Activly against !!!
ps. CNRL is heavily in Debt ! Maybe it’s time for Mr Edwards
get his Britsh Passport so he can just stay there !!!