Russia: Canada's Oil Industry is in Near Death Condition

petros

The Central Scrutinizer
Nov 21, 2008
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Low Earth Orbit
A slave should only have one owner, this getting passed around endlessly gets a bit boring pretty fast, and I feel a bit cheap also.

A slave to what? Jet powered snowblowers?

You forgot to add seizure and distribution of assets by committee.

Like Russia where Putin decided no oil company can have more than 50% foreign ownership and now that 50% is nothing to Russians. No wonder a 50% govt owned company CEO is bitching.
 

B00Mer

Keep Calm and Carry On
Sep 6, 2008
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Rent Free in Your Head
www.getafteritmedia.com
Hey!!! You finally got something right. How many posts did it take you. Flossy and I are definitely the odd couple. I'm a fiscal conservative and he's a socialist and yet we both think you're foolish.

See, you think I give a sh;t. Wrong. In fact, with every one of your silly replies, I'm thinking; How can I give less of sh;t?

 

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
You forgot to add seizure and distribution of assets by committee.

Using the phrase 'Nationalization of Assets' sounds a lot nicer than out right theft by gubmint

Then you read how Huffington was critical of the Russian guy.


Or maybe you didn't read it, because otherwise you would have noted that.

Too bad you didn't read up on Warren Buffet and how he has exited his investments in many large O&G companies except a couple including Suncor... He's actually upped his position in that company
 

EagleSmack

Hall of Fame Member
Feb 16, 2005
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Too bad you didn't read up on Warren Buffet and how he has exited his investments in many large O&G companies except a couple including Suncor... He's actually upped his position in that company

Oh dear... fossil fuels divestment strategies aren't working? whodathunk!
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
Oh dear... fossil fuels divestment strategies aren't working? whodathunk!

It's pretty interesting here in my neck of the woods... All of the sheep are racing to get slaughtered by virtue of dumping their positions in the sector.

... Meanwhile, in the last 3 weeks, I am personally become familiarized with 4 unique groups that are in a shopping spree for assets. Most notably, is a syndicate of European banks.

Mark my words, there is going to be a huge pile of cash to be made here (all of NorAm for that matter) by taking advantage of the hysteria and psychosis that is rampant in the markets and general public
 

Angstrom

Hall of Fame Member
May 8, 2011
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Them ruskies are just pissed cause we play better hockey then they do.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
Jealousy.

More than just that... The libtards that were ranting and raving about Dutch Disease are now eating a steaming plate of crow as the mfg sector in the East hasn't magically transformed into some form of the gud ole dayz.

I'm thinking that there ain't enough Pepto and Tums this side of hell to make that burn go away for the usual suspects
 

taxslave

Hall of Fame Member
Nov 25, 2008
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More than just that... The libtards that were ranting and raving about Dutch Disease are now eating a steaming plate of crow as the mfg sector in the East hasn't magically transformed into some form of the gud ole dayz.

I'm thinking that there ain't enough Pepto and Tums this side of hell to make that burn go away for the usual suspects

Didn't you know all the $40+/hr manufacturing jobs are going to come flocking back now that the Dutch disease has been conquered.