Mergers?Not sure how many firms are left in Canada.
30 maybe
Snead had said two years ago by 2030 there would only be 6-10 left.
That is a long way to go.
What happens if Trump gets his $40 to $50 Bucks???
Can the ME take that price. All budgets will be in trouble.
Can WCS/LO CAD producers asnd Permian producers survive.
I think the entire industry will me marginalzied if that happens.
No firm can invest or (not many) at 40 to 50 bucks WTI.