Largest oil drop in history underway, analysts say


petros
+1
#241
Then you obviously dont know who they are, you only know them....maybe.
 
Most helpful post: The members here have rated this post as best reply.
Avro52
#242
Quote: Originally Posted by petros View Post

Then you obviously dont know who they are, you only know them....maybe.

Perhaps it could be those that I know and not them or they.
 
JLM
#243
Quote: Originally Posted by Avro52 View Post

It’s not a buyers market. It will be before the 3rd quarter though.


Friday and Monday were, we've probably missed the best of it.
 
Avro52
#244
Quote: Originally Posted by JLM View Post

Friday and Monday were, we've probably missed the best of it.


It's going to be a rough ride. Futures are down.
 
Twin_Moose
+3
#245
Again we are told that Oil is not important in Canada by a few on here, but....

TSX futures fall as oil prices decline

The funny thing is Central Canada that benefits a lot from Oil don't fight for Oil.
 
petros
+3
#246
Gassed up at PetrosCanada this AM for $0.69L
 
captain morgan
+2
#247
Quote: Originally Posted by taxslave View Post

The catch again being sacrificing payload for batteries. For a citiot that just has to have a big truck to go to the ski hill 3 times a year and the lake 2 times, all on paved roads it will probably work just fine. For the contractor, farmer, logger that carries about 1000 pounds of junk on a good day and more most days there are severe restrictions. Also the not insignificant power loss in cold weather.



Wonder what happens to the "projected range" when the truck isn't driving downhill with a tail-wind.


Heading up to the mountains in cold weather with the 4 wheel drive likely reduces the range to about 60 miles or 19 minutes depending on if buddy isn't trying to out accelerate a Porsche
 
captain morgan
+3
#248
Quote: Originally Posted by petros View Post

Gassed up at PetrosCanada this AM for $0.69L


Saw a station in YYC advertise $0.589 yesterday.


Can't remember when it's been that low
 
Avro52
#249
Quote: Originally Posted by Twin_Moose View Post

Again we are told that Oil is not important in Canada by a few on here, but....
TSX futures fall as oil prices decline
The funny thing is Central Canada that benefits a lot from Oil don't fight for Oil.

It's important for us and anyone who thinks otherwise isn't thinking straight. The fact that it is important is the problem.
 
Tecumsehsbones
#250
Quote: Originally Posted by Avro52 View Post

Despite AGW, why the hate?
They hate solar, they hate electric cars, they hate wind, they hate energy conservation, they hate the energy star products, they hate LED bulbs, they hate water conservation, they hate public transit, they yell at the sun and all to own the Libs.

Anything to deny that they're terrified.

Alvin Toffler described it in his book "Future Shock."
 
petros
+3
#251
Quote: Originally Posted by captain morgan View Post

Saw a station in YYC advertise $0.589 yesterday.
Can't remember when it's been that low

Without PST and JST it would be lower than 59c

It was 48.9 in Walsh the other day.
 
Twin_Moose
+2
#252
Quote: Originally Posted by Avro52 View Post

It's important for us and anyone who thinks otherwise isn't thinking straight. The fact that it is important is the problem.

Why? It's been driving this world for over 100 years and employs Millions, 10's of 1000's towns and cities thrive off of it, what would be it's replacement in the Canadian economy? World economy?
 
Avro52
+1
#253
Quote: Originally Posted by Twin_Moose View Post

Why? It's been driving this world for over 100 years and employs Millions, 10's of 1000's towns and cities thrive off of it, what would be it's replacement in the Canadian economy? World economy?

Yes of course it has but our economy shouldn't depend on it solely the way OPEC countries do.
 
Twin_Moose
+3
#254
Quote: Originally Posted by Avro52 View Post

Yes of course it has but our economy shouldn't depend on it solely the way OPEC countries do.

We don't Oil is under 40% of our economy but employs and benefits more than any other industry in our country. Problem is Eastern Canada relies on the excess revenue to top up their economies instead of developing and coping on their own.
 
Tecumsehsbones
#255
Quote: Originally Posted by Twin_Moose View Post

Why? It's been driving this world for over 100 years and employs Millions, 10's of 1000's towns and cities thrive off of it, what would be it's replacement in the Canadian economy? World economy?

Horse breeding and coal-oil lamp manufacture.
 
taxslave
+3
#256
Quote: Originally Posted by captain morgan View Post

Wonder what happens to the "projected range" when the truck isn't driving downhill with a tail-wind.
Heading up to the mountains in cold weather with the 4 wheel drive likely reduces the range to about 60 miles or 19 minutes depending on if buddy isn't trying to out accelerate a Porsche

Don't expect answers to this very important question in their dog&pony show.
 
taxslave
+1
#257
Quote: Originally Posted by captain morgan View Post

Saw a station in YYC advertise $0.589 yesterday.
Can't remember when it's been that low

About the time we went metric.
 
spilledthebeer
+2
#258
Quote: Originally Posted by petros View Post

They who?




Those who do not know - cannot answer! Avro does not know!
 
Twin_Moose
+3
#259
Quote: Originally Posted by Tecumsehsbones View Post

Horse breeding and coal-oil lamp manufacture.

They are still here never left the economy, Coal oil lanterns got rebranded to camping supplies and can burn Diesel, Kerosene, all byproducts of what?
 
spilledthebeer
+1
#260
Quote: Originally Posted by Twin_Moose View Post

Again we are told that Oil is not important in Canada by a few on here, but....
TSX futures fall as oil prices decline

The funny thing is Central Canada that benefits a lot from Oil don't fight for Oil.




Oh Moose - you should probably consider just how many civil service union HOGS and allied types live here in Ontari-owe!



After all - Ottawa is home to our federal HOGS - meaning a massive and unique collection of piggies all in one place!


And of course we must count in the majority of people in Quebec since they get so very much LIE-beral support - at the expense



of most other Cdns!


And of course the majority of immigrants - meaning people that LIE-berals have selected for their PREFERENCE for LIE-beral policy



settle in Ontari-owe! Thus we can see that the central Cdn political scene is DOMINATED by LIE-berals!


But not to worry - Our idiot Boy and his loser LIE-berals are shooting themselves in BOTH FEET with their sloppy indifference



to air travelers carrying Wuhan Pestilence across our borders!


The public has become aware of HOW MUCH NEW DEBT LIE-berals plan to dump on us using their WUHAN EXCUSE!


Yes - we are aware now that LIE-berals are using the Pestilence as an EXCUSE to try to BUY VOTES and seek to save their



lame ass minority govt!


Changes are coming - slowly but surely!
 
Tecumsehsbones
#261
Quote: Originally Posted by Twin_Moose View Post

They are still here never left the economy, Coal oil lanterns got rebranded to camping supplies and can burn Diesel, Kerosene, all byproducts of what?

So, question answered. No problem.
 
Hoid
#262
Quote: Originally Posted by taxslave View Post

About the time we went metric.

the first liter of gas sold in canada cost 11 cents.
 
Avro52
#263
Quote: Originally Posted by Twin_Moose View Post

We don't Oil is under 40% of our economy but employs and benefits more than any other industry in our country. Problem is Eastern Canada relies on the excess revenue to top up their economies instead of developing and coping on their own.

That would be great if oil was $160 a barrel. See what happens when it isn't and may never be again. Canada is a one trick pony.
 
taxslave
+3
#264
Quote: Originally Posted by Hoid View Post

the first liter of gas sold in canada cost 11 cents.

Not where I lived. Went metric about the same time it was hitting $1.00/l
 
Hoid
#265
It was hitting a buck a liter in BC in the 1990s.

In 1971 when we went metric gas was 11 cents a liter. BY the time it was mandatory in 1979 gas was about 24 cents liter.
 
JLM
+1
#266
Quote: Originally Posted by taxslave View Post

Not where I lived. Went metric about the same time it was hitting $1.00/l


A gallon - 1977
 
JLM
+2
#267
I remember the first time I saw gas at over a buck a gallon, it was in Chetwynd in 1977 at $1.016. The pumps weren't able to handle anything over a buck at that time, so we had to double the price of $0.508 showing in the pump.
 
Twin_Moose
+1
#268
Quote: Originally Posted by Avro52 View Post

That would be great if oil was $160 a barrel. See what happens when it isn't and may never be again. Canada is a one trick pony.

Your thinking of royalties, which are next to nothing in Sask. and Alta. The majority of the money raised is through employment, personal income, property taxes, permits, licensing, etc. the spin off businesses and workers account for almost the same in tax revenue.
 
Twin_Moose
#269
Quote: Originally Posted by Hoid View Post

It was hitting a buck a liter in BC in the 1990s.
In 1971 when we went metric gas was 11 cents a liter. BY the time it was mandatory in 1979 gas was about 24 cents liter.

You were getting hosed big time gas was $0.25/Imperial gallon here
 
taxslave
#270
Quote: Originally Posted by Hoid View Post

It was hitting a buck a liter in BC in the 1990s.
In 1971 when we went metric gas was 11 cents a liter. BY the time it was mandatory in 1979 gas was about 24 cents liter.

WHich is over a$1 a gallon. I know math and reality are difficult for you. Maybe if you stuck to things that happened after you were born would help.