GREY:LSTMF - Post by User
Comment by
heraclituson Mar 04, 2014 1:35am
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Post# 22276051
RE:RE:RE:Russian-Ukraine effect
RE:RE:RE:Russian-Ukraine effect
Three points
FIrst, depending upon your year, Russian is number one producer but at !0 million barrels a day, whether it is Saudi Arabia or Russia, who cares, we are talking about decimal points. Now USA is producing more - but really at 10 million a day, it is tweedle dee, tweedle dum. .
Secondly, Canada's four million BOD (net 2) is not bound for the world until a lot of pipeline issues have been resolved and those issues have been totally mismanaged by the Canadian governemnt while providing an incredible financial boost to the American economy - or do you have another explantiaon of the multiplier effect of 15% discount on energy cost to the American economy.
Thirdly, Obama has nothing to do with this nor does American defiicits. The American economy can handle it as international financial markets recognize - where has the Can $ been going?
Sorry, age does not bring wisdom, it is earned.