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|    Message 89,182 of 90,757    |
|    M.I.Wakefield to Alan Baker    |
|    Re: Oooh . . . oil now below $50 a barre    |
|    06 Jan 15 16:29:17    |
      XPost: bc.politics, ab.politics, can.politics       From: none@present.com              "Alan Baker" wrote in message news:m8hipa$41v$2@news.datemas.de...              > On 2015-01-06 21:05:51 +0000, (=_=) said:              > > Alberta's smugness is all but over. From now on they're going to have       > > to concentrate on GREEN energy sources like the rest of us.       >       > Why? In what strange fantasy world does having the price of a commodity go       > down result in people using less of it?              The Saudis are playing a long game ... they can pump oil for about $10 a       barrel ... Bakken and oil-sands are somewhere in the $60 range ... once       enough competing projects have died, the Saudis will ratchet up the price       again.              If fossil fuel energy is cheap, nobody ... hmm ... Ontario Liberals ...       nobody smart will pour money into expensive green energy.              And consumers are voting with their wallets ... comparing 2014 to 2013, car       sales were virtually flat - down 0.08% - but truck sales were up 11%.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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