RE:What's the History of GeoPolitical Risk in Columbia?Bingo,.. Canada has by far the most unfriendly government aginst it's own oil and gas on the planet. Since Justin took over, it was nothing but horror show for Canadian resource sector.
Columbia is a lot safer country for business.
CrazyTrader wrote: In Canada it's just CRAZY....... Carbon Tax, oil discounts even going negative, moratoriums on west coast, decades to get pipelines built....etc etc etc.
It seems to me Canadian Oil companies operating in Canada/USA are determined to sell their oil for lowest price possible to Americans.
TransMountain has been expanded..... Yet, I bet Canadian oil companies are mostly selling their oil off the west coast to Americans for dirt cheap.... instead of Asian countries for a premium.
Anyways, what's Columbia's history? Everyone seems to point to Columbia's geoplitical risk.... So, what's the history there?