The Nuttall effect? Could it be that Eric Nuttall has actually convinced these oil companies in Canada to stop trying to grow, keep production flat, pass on the profits to investors - and essentially conspire to keep the WCB oil price high?
I sure hope so! This global scale price fixing collusion has been the foundation on which OPEC was built upon. It's about time Canadian producers caught wise to what the rest of the world figured out decades ago. If they're really smart they'll figure out how to reach export markets, or even create a pipeline across our own country!
it's a good day for a Canadian oil and gas, and my home - Alberta. There's been a few tough years for many here (and in many other places of course),