It is not true. I know you’re furiously googling but the source you provided is based on samples and acknowledges right in the article “(Canada, Venezuela, and Iran) have wide uncertainty within and wide variability across crude blends.”
If you don’t believe BMO believe your own government. This is from Budget 2025:
Canadian oil sands are not “the highest carbon oil in the world”. We should wonder why so many in eastern Canada believe this, assert this, and seem to want it to be true.
I’m sorry but it has to be said, the editors/journalists of the G&M might be the least informed, least curious people in Canadian history.
For crying out loud man, ask someone why?!??
Canada faces secular stagnation because of a Party hell bent on implementing childish, anti-growth policies.
Wow.
I was today years old when I learned from Marc that 32,000 of the “88,000 new jobs” were temporary census workers.
And a huge other chunk, were FIFA and seasonal employment.
What a joke.
The abundance illusion.
Carter admitted the scarcity. It was honest. It was politically fatal.
Every Administration since drew the obvious lesson: never admit to scarcity. Talk the price down. Release the reserves. Call it abundance and hope the problem resolves itself. It has worked for the past 50 years.
839 institutional investors. Record two-thirds expect oil prices to fall further. Even retail: oil ETF shorts exceed longs for the first time ever.
The template is working.
It has always worked. Until the buffer runs out.
SPR 415→349mb. Global stocks drawing 6mb/d.
That’s not supply responding to price. That’s inventory responding to price. And inventory, unlike production, has a floor.
You cannot destock your way to energy security.
See my latest note https://t.co/ktBpOCEf1U
@jkenney All of which underscores why it's important to have a vote on this issue so that the so-called bluff can be neutered and the country can move on and put the issue in the rearview mirror. By delaying or preventing a vote altogether, it only strengthens the position of separatists.
I was assured that our stagnant GDP per capita was just a statistical artifact from population growth.
Yet now pop growth is stagnant, so is GDP growth.
Kind of beats that whole $16 dollar glass of orange juice which caused neverending outrage in the media when a former Harper MP made this purchase from a hotel in London England. Now London is known for being an expensive city, but apparently that was completely beside the point.
It is really hard to imagine what anyone can possibly eat for $200K
It is not hard to see this as a slap in the face to every family who cannot afford groceries.
And all of a sudden, there *is* a business case for exporting Canadian gas to Germany.
Also, I wonder if this is the reason why Steven Guilbeault is leaving the Liberal caucus.
https://t.co/Fejcr5iDwW
@SciWhitehouse@PrairieSteel2@nationalpost How convenient that the fossil fuel spewing auto industry based out of vote rich Ontario has curiously managed to escape the federal Liberal's punitive carbon taxes.
The equivalent would be like tobacco firms skirting punitive health taxes because they don't smoke the cigarette.
@SciWhitehouse@PrairieSteel2@nationalpost But it's certainly funny how Alberta's energy industry is slapped with several punitive carbon taxes while internal combustion engines from Ontario's auto industry and literally dozens of manufacturers supplying auto parts to ICE vehicles have somehow avoided similar taxation. 🤔
Five "deal" announcements, zero closed (yet). That's a trend. Sell the tweet, buy the molecule. Iran's leverage increases with every day that passes and inventories decline, while it decreases for the West.
Thank you to @SquawkCNBC Asia for having me on this morning. Attached is the clip: 50 years of efficiency made oil cheaper per unit of GDP but more irreplaceable in function -- it is the rare earth of the macro system.
https://t.co/z7gKF3NABH
@oldcanadaseries I miss Eaton's but the founding father's grandchildren were both incompetent and aloof. Sadly they managed to ruin the business, leading to failure and bankruptcy. This should actually be sounding alarm bells about our current govt, given flailing GDP and rising budget deficits.
@FayMary3@FoodProfessor We had them in Ontario.
The locations were filthy and the bathrooms were disgusting. There's a reason they failed before, and I'm not sure whether any of this will have changed, so I'm not placing any bets.
If you don't like Timmie's then find a local alternative to support.