RE: QUEBEC : NO FRACKING Big Deal !!!!! When was the last time you ever heard of ANY COMPANY drilling in Quebec for oil and gas. NADA. Any regulation that forbids fracking in a territory where no market exisits is a mute point!!!!!!
The Marcellus shale may extend into Quebec but there was no major drillnig happening there in the first place. Quebec runs on hydroelectric which it has a ton of .Questerre got slaughtered because of the regulation but early indications were that the big gas reservoir they thought they had was vastly overstated in the first place. DAL near 52 week high, E the same thing? Why? Simple markets in NA are recovering after years of decline and in SA its reversing. I know my facts buddy. The macroeconomics right now for SA are not good and thats why TID is in the toilet, and with it near 52 week low, you combine tax loss selling, and old fleet, unfavourable jurisdiction ,and thats why the sell -off is occuring.