Wednesday, February 7, 2018

guys.

if oil is trading at x dollars in country y due to z supply, what happens to x when you double or triple the supply to that country?

does x increase? decrease? stay the same?

because the policy seems to be based around the idea that x remains fixed, even after the introduction of substantial supply, with no comparable reaction in terms of demand, and this is so economically naive as to be embarrassing - but, really, par for the course in alberta. i don't want to make it seem like the pc or socred dynasties were brilliant economic managers, or anything. really, the ndp is just carrying on the tradition of making poorly researched choices.

the feds, on the other hand, should know better than this - they should be fully aware that the full entrance of canada into the asian energy market will have the effect of reducing energy prices in asia rather than the effect of increasing energy profits in canada. and, they should be as sober and clear headed about this as they can be, as they are forming their strategies to try and exist between the two superpowers.

i don't think that this is the proper catalyst for a struggle with the americans. canada will gain nothing but scorn, and trudeau will end up very badly damaged in key constituencies.

he should accept the environmental review as a stalling tactic and wait for the dust to settle a little.

jagmeet singh must cut his beard