Oil headed for $10 a barrel?

[petros]

Ask Chretien and Martin. And those who crippled ON from inside ON.

If you didn't spend your youth blitzed you'd know this but alas...

 

[taxslave]

Processing, transport, labour and demand set the bulk of the price. Add in a devalued dollar to appease non-existant ON manufacturing and there ya go.

You forgot taxes.

Yes well, we focused on resource extraction so too late now!

Good thing we did or we would still be dependent on OPEC. And Ontario would still be in the toilet because their lack of economic output has zero to do with oil.

 

[MHz]

Maybe this is what oil is really worth all along and we have just been overcharged for the last 100 years..

 

[Walter]

Don't know. Ask the Rothschilds.

Of course, it's the Joooooooos.

Maybe this is what oil is really worth all along and we have just been overcharged for the last 100 years..

All commodities go down in price in the long term.

When was the last time oil was that low?

Mid 1970's.

When was the last time oil was that low?

Early 1970's.