TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Oct 14, 2018 11:46pm
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Post# 28799274
RE:RE:RE:WCS
RE:RE:RE:WCSLike it or not, we can't replace Saudi barrels with WCS due to the differing content (usages)and the fact that its so difficult to get our product to world markets.
This situation could provoke a world wide economic crisis.
This was all fairly predictable because the new boy-king in Saudi is more agressive and blood-thirsty than any Saudi ruler in the past. Just ask the children of Yemen who are starving en-masse because of his military agression and arrogance, supported by the U.S. fifth fleet.
And yet people whine about the evils of the Oil Sands but say absolutely nothing about oil production from odious regimes like this. Who is worse, Saudi Arabia or Iran? Take your pick.
The best solution for the World is a coup that removes Caligula from the throne. We need the oil.