Re:Flood of Oil Is Coming, Complicating Efforts to Fight Glo...
by cmrdporcupine on Tuesday November 05, 2019 @07:06AM
(#21451612)
What? I never said oil prices are high. You just didn't read. I said _when_ oil prices are high, central Canada's manufacturing industry suffers.
Stop throwing insults around and read.
Oil prices are not high. Today WTI is at $54 and Alberta oil (which is also Canada's oil) is selling at $12 cheaper (21%) because of transportation issues... that's then on top of that we pay an addition cost for refined products! $12 is per barrel... and we import 592 million barrels PER DAY according to the website you linked.
EDIT: you also said in a previous comment "and the world wide price of oil has been sagging for a half decade because of global macroeconomic forces"... but now you're saying oil is high? Ok, I'm really out of this discussion now, you're just making stuff up.