[Newsbot]

Title: Goldman Sachs downgrades oil forecast, says $20 per barrel is possible
Category: Business
Posted By: ShepherdsDog
Date: 2015-09-11 07:33:00
Canadian

[ShepherdsDog]

Ow ....this could kill any and all activity in the oilsands for a loooooong time.

[OnTheIce]

ShepherdsDog ShepherdsDog:

Ow ....this could kill any and all activity in the oilsands for a loooooong time.

More importantly, how is this Harper's fault?

[ShepherdsDog]

The nutters will think of some way to blame him.

[BartSimpson]

ShepherdsDog ShepherdsDog:

Ow ....this could kill any and all activity in the oilsands for a loooooong time.

It's also severely hampering Putin's ambitions to rebuild the Red Army and the Soviet forces.

[martin14]

Oil at $20. Jesus, that's not funny. That will close Alberta down.

[Thanos]

martin14 martin14:

Oil at $20. Jesus, that's not funny. That will close Alberta down.

That'll make the Dippers jealous, if the market destroys Alberta before the NDP has a chance to.

[ShepherdsDog]

Maybe we can find 19 Canadian oilfield workers to play havoc with those Saudi fucks.

[Thanos]

ShepherdsDog ShepherdsDog:

Maybe we can find 19 Canadian oilfield workers to play havoc with those Saudi fucks.

But, but they're our best friends in the region because of Iran, something, something.

[uwish]

Cenovus is starting it's first round of ~400 employee cuts next month, then another round some time in the new year....

[Thanos]

Pretty sure it's all over for good. There'll be no recovery of any significance for the next ten to fifteen years. It's not just the Saudis or the companies lashing out at the Alberta NDP either. Too many special interest groups have too much power now and they're going to do everything they can to take us down permanently.

[BartSimpson]

Upside: 91 octane gas/petrol was US .68 cents a liter at Costco when I filled up last night.

The same fuel is .44 cents a liter in Louisiana!

[Thanos]

Golly, those low prices sure make up for all those destroyed lives and businesses.

[ShepherdsDog]

Thanos Thanos:

Pretty sure it's all over for good. There'll be no recovery of any significance for the next ten to fifteen years. It's not just the Saudis or the companies lashing out at the Alberta NDP either. Too many special interest groups have too much power now and they're going to do everything they can to take us down permanently.

All the unemployed easterners will have to head home to those wonderful manufacturing jobs back in Ontario......oh wait.

[Robair]

Shitty! What else is there to say?

Very shitty.