RE:RE:RE:PackerI never called Albertans braindead.....I'm just amazed they don't seem to understand how their biggest industry, source of wealth and high paying jobs.....actually work in the real world!!! They keep saying they are all about the free market. The oil market is the epitome of "free markets"....
Under WTO and USMCA rules trade in crude oil CANNOT be restricted between nations....yet most Albertans think some law should be passed to restrict crude oil imports into Canada......just think of what would happen if the Americans sarted feelling the same way.....96% of Alberta oil production is exported to the US.
Albertans look at the Brent price quoted at the ARA trading hub and rant and rave because WCS is priced 30-40% lower....they blame Trudeau, Quebec, electric cars, communists, Marxists.....Hilarious!
If you wanted the Brent price first you'd have to pay to get it to Amsterdam...and then it would have to be light oil....NOT bitumen!!!
They don't have a clue....and their politicians love it. Somebody once said: "It's easy to get people to do your bidding....convince them they are under attack". Smith and company keep on fueling that paranoia while AB oil comapnies are swimming in cash, buying back their own stock, paying handsomme dividends for the first time, expanding in the US and setting all time production records !!!
"Under attack"??? Is the moon made out of cheeze???