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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Post by Steelhead15on Dec 12, 2014 6:46pm
346 Views
Post# 23226315

Is the biggest single loser the governments

Is the biggest single loser the governmentsI've got to think falling oil and gasoline prices hurt the Govs in lost tax revenues. I think the Govs run day to day on income rather than have savings to fall back on. I'd think we will see Gov bugget constraints if this continues. They will then talk to the Saudis and others in the Mideast. Funny how loss of tax revenue may be the lever to raise oil price.
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