RE:Why are Canadian energy names getting beaten up todayMost of the American oil and gassers were down today also. In Canada the Cenovus disaster took most of the indexes down with it causing fund managers who track the indexes to sell down their energy holdings. Some of the larger companies took the biggest hits like Suncor and Crescent Point because they have a larger share in those indexes. You can't read any more into it then that.
As for the Bat, Congressman Ryan who proposed the Bat tax is now talking about a 5% rate rather then 20%, why? because the whole thing is slowly slipping away as unworkable.