Oil Prices Rant #2

So the chart below is courtesy of Oilprice.com (they track oil prices all over the world), December 6, 2018.

As you can see, Premier Notely’s claim that oil prices in Alberta are at $11 / barrel is way too simple, and patently untrue.

The lowest price is $17/ barrel, which took a drop in the last few days because there are world events affecting the oil prices. The question Premier Notely needs to address is why she is not being included in those world discussions? She needs to get on THAT and stop trying to con the Canadian public about her agenda.

The next question to ask is who are these Canadian oil companies? Hardisty Light, Albian Heavy Synthetic, Syncrude Sweet Premium, Peace Sour, premium Synthetic, etc.

Well, glad you asked ... stay tuned!

Oil Prices Rant #1

I’ve been ranting about oil & gas prices lately, so I thought I’d share here too.

Just as a primer: Premier Notely of Alberta (Canada) wants to increase the price of Alberta oil in 2019. She has (in my view) been heading down this dangerous road for quite some time.

This is Oil Prices #1:

Ok, I’m going to post a number of oil price articles over the next few days. I’m sick & tired of the BS out of Alberta about their manipulation of oil prices. Premier Notely says she wants Albertans to have a bigger percentage of the oil prices. She is claiming that Alberta oil is sold for $11 a barrel & that the Alberta oil industry should be able to participate more fully in international oil prices. They already do. Remember the Canadian National Energy Board policy ended in 1985. Since then (in my humble opinion) the oil companies have set the prices of oil in Alberta, not the government.

This is important because of two things: oil sands oil is the DIRTIEST oil in the world. It creates havoc on the land and is one of the worst polluters in the world. Premier Notely is arguing based on perpetuating miscommunication and misunderstanding about this oil.

So here is the first article. For those of you who don’t read the articles there are 2 major takeaways from this article: 1. World oil prices have dropped 22% in the last month. And 2. OPEC will meet tomorrow (Dec 6) to further manipulate world oil prices.

As an aside, Russian officials met with Saudi officials at the recent G20 meeting. You can bet your
bottom dollar they discussed a mutually beneficial oil strategy.

World Oil prices are currently dropping, see this article on Marketwatch.com:

https://www.marketwatch.com/story/oil-slips-back-toward-50-ahead-of-looming-g-20-opec-production-talks-2018-11-30

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