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Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.

GREY:SGLRF - Post Discussion

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Post by Azzenmcelbow on Nov 28, 2015 10:37am

Blame?

I'd point right at the pipes with their extra on top charged to producers for carriage.

they've made a mockery of their responsibility not to gouge, given that they are a licensed regulated monopoly.

when the lightstream ceo actually revealed the differential for light sweet, Americans jumped out of the Canadian oil patch unless they also held pipes.

Nobody wants to tell you.

i guess the plan was to force Canada to support the new pipes in return for less bribe for carriage for our producers. That's how the pipes and their compradore buddies in the analyst community termed it, a fee for being allowed to be in line to transport your goods.

it's what has happened all over the Canadian economy. Services of all sorts have been privatized and profitised to the point of extortion under the Tories.

call them on it, they get up on their hands legs, twitching and spitting with feigned outrage and very real fear that they'll no longer be able to hide all their bad business deals under the fund flow of sucking the blood out of services we already paid for.
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