‘Build a God damned pipeline’: Oil price crisis has energy investors pondering the falling knife

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But optimistic at least one route out will be built, one advisor believes ‘there’s significant and meaningful upside in WCS exposed names’

 

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Groan. They claim to support free markets but are the first to ask for government help when they start losing money. Let them sink or swim in the free market. Propping up failing industries of the past is bad for the economy.

Awwwww! Shame, innit? nopipelines

And what will happen to BC coastal waters when an oil spill happens? It won’t be Alberta’s economy that will destroyed.

Should've diversified your economy when the getting was good, bro.

I love the taste of rich man tears in the morning *shivers with delight*

All of these assholes in Vancouver live off of oil and make their money using oil products, they just enjoy albertans suffering if you haven’t noticed by the glee in their comments. You’re the most smug, unlikable people in this country Vancouver.

Im discouraged posting this because the people who agree with me know and the people who don’t, don’t give a shit. Lots of money being lost for: investors, employees, social programs/tax benefitors, aboriginal communities, and all Canadians.

No. Let their idiocy fail.

I grew up in Alberta and now live in Halifax I understand the reason they constantly fuel this narrative. Do I support it no but do I understand it yes. Keep people in fear and cause panic, and in the end you get control and the status quo. It’s a very abusive relationship.

Country being held hostage by a small group of ppl.

Hahaha. Cry more.

Get Canada’s First Nations to the bargaining table then. SHOW US THE MONEYS.... why should white people be the only ones financially benefit... Those Raciest days are over. Reconciliation teachings...🤷🏽‍♂️👍🏾🇨🇦👨🏾‍🎓👨🏾‍🎓👨🏾‍🏫

What crisis? Cheap oil is good. I saw gas today under $1 a liter for the first time in ages.

This is awesome and shows the fallacy not of 'energy investment' but of 'anachronistic fossil fuel investment'

Unfortunately Trudeau is holding the knife and gleefully stabbing it like it's a Holloween Horror movie.

Time for premiere Notley to come through and 'turn off the taps'. Let those hypocrites in bc feel some pain after approving a multibillion LNG project......

My child 2nd cumming of Jesus..

Reason 547832 this government is incompetent, bad for the country, and should be voted out.

Cannot blame gov for bad planning by industry

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Notley looks to build new refinery in Alberta to counter low oil pricesCall from the province comes after weeks of dramatic moves by the government to help the energy industry MORE 'HUMAN RIGHTS ABUSING!!' COMMUNIST CHINESE BLOOD MONEY FOR INVESTMENT I see an ammendment to bill-c69 to include refineries thus killing this plan plus a refinery will take years to design pass regulatory process & build so 20 years ? Again, the NDP in the west seem to be quite responsible and willing to do the necessary actions to help solve the oil glut crisis ...
Source: globeandmail - 🏆 5. / 92 Read more »