How 25$ oil will effect the Conservatives - and their Western Empire?

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-- How 25$ oil will effect the Conservatives - and their Western Empire?

Posted by Q5echo on Dec-05-2008 10:40:

we could always use more of this stuff

Posted by Q5echo on Dec-05-2008 11:14:

bump

Posted by Magnetonium on Dec-06-2008 16:51:

Hah. Western Empire won't be affected as much, you should really put in scope how the $25 per barrel oil will affect countries like Russia, Iran, Saudi Arabia, Indonesia, etc. Thats the big question.

Posted by colonelcrisp on Dec-08-2008 19:32:

quote:
Originally posted by ********
Tar Sands oil is special in that it costs more than 25$'s to make more than 30$'s actually after adding in the various costs, and that is the difference. I think Russia has a more diverse economy than Canada, Canada is heavily invested in oil and gas - it is the #1 segment of the Canadian Economy.

http://www.commodityonline.com/news...-13153-3-1.html

?????
http://www.landlinemag.com/todays_n...8/120508-05.htm

Ill go ahead and disagree here. Oil and Gas is a big part of the alberta and NL economy, but i would be more apt to suggest that canada has a far more diverse economy than Russia does. Mind you we are heavily reliant on natural resources (mining, oil and gas, and forestry) but we also have huge fisheries, cash crop, livestock and other renewable exports.