Yeah, yeah. I've read the brochure too but the reality is that when the world price of petroleum tanks, so does the West due to your lack of economic diversity. You are still primarily a one commodity company town and stuck there for the foreseeable future.
You don't know what the 'tanked' price is.
Much like your buddy hoid, you think the break even is close to $100, but as per usual, you're absolutely incorrect.
BTW, how's the GDP (per capita) looking in the eastern provs?... Yep, not so hot and take out the 1 sector that actually employs people (read:auto) and that number resembles a 3rd world nation
Oil carried us through three recessions?
Correct.
Despite the lower activity in the oil sector, the average income of Albertans is still far above the avg for ROC