RE:RE:Its a discrace
maybe you have an wrong analysis.
they want to buy with the best price , so if oil stock go down you have more risk to have small buyer and broker and insider dont understand that ..
i say it the best oil price is between 60-80$ : better for economy , for oil producer , for consumer , for other renewable energy ... so we are in this target and for many years ... oil price will move with economic growth and consumer purshasing power
i listen some analyst , and they say now the problem is the pipeline .. we dont have more pipeline..
so federal govermenent has completed public consultation in the last years and now we are going to have better reglementation for pipeline project ... you need to read this .
anyway .. so canada is going to export more oil to asia .. so WCS differential will going down +/-5$
and the other way more new transformation projet ( there are some new project are already underway )
so ... choose your stock .. all CANADIAN oil stock is a buy stock
but the real problem is the risk about governance ...