So we had a 14.75mil barrel oil draw today & clear evidence that the ceasefire has ended (with Iran even saying so btw) & america clearly is afraid to retaliate.
The result of which is WTI still below $95.
Conclusion: I'm clearly an idiot that doesn't understand anything.
@StanWongWealth Decreased demand due to shortage of supply is not the same thing as decreased demand due to price. The latter has been suppressed and based on history is unlikely to even occur until well past $150/bbl.
1. We don't have free access to the Canadian market
2. The Canadian dollar is shit these days
3. We don't have pipeline access across provinces
4. We pay more for those shared programs than we get back
5. Our military is decrepit and woke
6. We are also born-in-Canada citizens
7. The cost of staying is greater than leaving. We won't trade liberty for safety
8. Our trade deals are falling apart
9. The courts and Liberal appointed judges are letting bad guys walk to protect their immigration status. We have no say in their appointment.
10. We are different, culturally, and we want to protect that. Our families won't stop being family if we leave.
Try harder, Dimitris. This was bad.
@ThrillaRilla369 I see what you're saying but its the continual increase in municipal spending that drives the real dollar tax increases. Values are used only to apportion the taxes across the base, not to see the amount.
@jeremie0117 Its already at 80 to 100. Exxon CEO is just saying the quiet part out loud that no media is bothering to cover. The worst energy crisis in history is already solidified- its coming. And nobody seems to believe it. He's simply saying "dont say nobody wanted you"
@jeremie0117 Higher prices yes, but what is coming is destructive. Oil at 150 is not good for anyone, and even major oil CEOs know this.
Your 'hot take' is uninformed and myopic.
@woodee4417@vondoogie@WayneMathison@RodAVanier Wrong. If it isn't kept hyper cooled it will expand and thus explode.
It must he liquefied and kept super cooled and in special pressure vessels while it is transported by ship. It cannot be transported by pipeline.