Largest oil drop in history underway, analysts say
- Thread starter B00Mer
- Start date
The question is weather it is cost effective. We could run a cable under the ocean and sell power to Asia but it would not be cost effective.
It won’t last. If you’re smart you’d be buying some energy stock. I have one for you if you’d like a tip.
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Central Alberta 16.41 +5.08 +44.84%(2 days Delay)
Light Sour Blend 20.16 +5.08 +33.69%(2 days Delay)
Peace Sour 15.91 +5.08 +46.91%(2 days Delay)
Syncrude Sweet Premium 24.91 +5.08 +25.62%(2 days Delay)
Sweet Crude 21.66 +5.08 +30.64%(2 days Delay)
US High Sweet Clearbrook 24.66 +5.08 +25.94%(2 days Delay)
Midale 16.41 +5.08 +44.84%(2 days Delay)
Albian Heavy Synthetic 24.66 +5.08 +25.94%(2 days Delay
$10/barrel is the worst thing to happen for the Green revolution since it's inception.
The Oil sands can't shutdown otherwise the Oil will plug every pipe in the facility costing Billions to get back into operation.
Canada already exports electricity in a big way Ont. and Que. count on it, Man. exports to Sask. and the US.
I was thinking Cenovous Energy Inc. Steady at about $12 per share now down to $1.66. Thinking of buying 10,000 shares.
I suspect that hemerHOID is being even more FOOLISH than usual here.
As far as I know - our idiot LIE-beral govt BOUGHT ONLY the HALF COMPLETED Kinder Morgan pipeline!
The OLDER line that is of course still in operation - as far as I know - remains in private hands!
They are leaders in SAGD and EOR.
Pay attention to lease movement. That is where you'll find who is solid and who is shakey.
It depends on what is selling. If there is little $10 on the market, you have to go up a grade or two.
Nope the $4.5 Billion was the purchase of the old line and material and what has been completed to date on the Twin.
They circulate their lines while working on the plant, if they have to work on the line then they pig them clean with a lot of diluting agents to make sure there is no hard residue left
ALso on this board if I was a smart guy I would have bought GE at $18
That was a hell of a tip. Great dividend there. You get paid to wait, apparently.
Also Tesla. Stay away from Tesla stock. That is never going to work. Electric cars?
But good luck with all your future investments.
Its another Sunday. Maybe time to sit back and take another look at what has happened since January 01.
DOW JONES started the year at 28,800 and is now at 19,174 down about 33%
TSX started the year at 17,100 and is now at 11,852 down about 44%
GE started the year at $11.93 and is now at $6.52 down about 45%
Teck resources started the year at $22.68 and is now at $10.12 down about 55%
Tesla started the year at $430 and is now at $427 down less than 1%
DOW JONES started the year at 28,800 and is now at 19,174 down about 33%
TSX started the year at 17,100 and is now at 11,852 down about 44%
GE started the year at $11.93 and is now at $6.52 down about 45%
Teck resources started the year at $22.68 and is now at $10.12 down about 55%
Tesla started the year at $430 and is now at $427 down less than 1%