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Tar Sands Profitability Questionable.... |
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Ken Harris ![]() Grand Potentate ![]() Joined: 12/January/2006 Location: Canada Status: Offline Points: 1120 |
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I agree with Doug.
Paul: Guess you overlooked the most important part of that post. The part that is going to push gas prices up all over Canada this winter to over $1/litre. I post it here again for you to read: Perhaps the bigger risk to gasoline prices than hurricanes is the political tension in the oil-rich Middle East and turmoil in the financial markets. "It's a geopolitical storm that could be brewing," Melek said. "People will bid up prices to secure supply." Also, the financial hurricane raging in world credit markets could prompt oil producing countries, set to meet next month to discuss quotas, to keep production down out of fear that demand will fall if the global economy slows. If production stays low and a slowdown fails to materialize, that could lead to a tightening of supplies and hence higher prices as the approaching northern winter increases demand for heating fuel. |
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Inventor of Teflon Carpet Wand Glides.Free Glides for all Cleaners in June!
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doug ![]() King of the One Liners ![]() Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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he who controls the tap controls the flow??
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Just My opinion
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cmaster ![]() IICRC Instigator ![]() Joined: 29/January/2004 Location: Canada Status: Offline Points: 29693 |
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I read it, but didn't see any 6.00/litre mumbo jumbo ![]() |
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Superglide Ken ![]() Grand Potentate ![]() SGK Joined: 17/March/2004 Location: Canada Status: Offline Points: 4868 |
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Thats because nobody ever said it would get that high Paul. I said you will see $6/GALLON next year. That is only $1.50/litre Canadian. Expressed that way, we do not have that far to go right?
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Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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cmaster ![]() IICRC Instigator ![]() Joined: 29/January/2004 Location: Canada Status: Offline Points: 29693 |
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That won't stop people from buying
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FriendlyHammer ![]() Master Carpet Cleaner ![]() ![]() Joined: 08/July/2007 Location: United States Status: Offline Points: 1383 |
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Ken Harris Nov 08:
"This will cause oil to rise to near $100 by the end of November. It stays up there to about the end of February. Better save this so you know who told it to you first." |
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doug ![]() King of the One Liners ![]() Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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nothing will stop people from buying unless they run out
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Just My opinion
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cmaster ![]() IICRC Instigator ![]() Joined: 29/January/2004 Location: Canada Status: Offline Points: 29693 |
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I guess the world will be running out of natural gas now according to STD
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