RE:WHITECAP RESOURCES
I agree there is a looming personnel crunch in drilling and drilling services. There will be no price 'extortion'. Drilling and drilling services have taken it on the chin in western Canada since fall 2014...if you think they have no regard for pricing and it's effects on cooling off activity, then you are dreaming. No one is going to ambush current or potential clients with a cost prohibitive price schedule after spending the better part of 8 years fighting over the table scraps with their competiitors.
As to your comment about 'renewables' coming on line, the fact that the lunatics in the EU are scrambling and tripping over themselves to 'replace' Russian hydrocarbons should tell you the net benefit of 'renewables' , after decades and trillions of dollars of investment, they essentially have sweet F. A.
have a nice day.