.@WSJ Oil has yet to reach $25/barrel this year, but Canada based #Budget2016 on that price. Even as a worst case: Why?
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@Dry_Observer@WSJ Cushion? -
@gr8tlaker@WSJ Or an acceptance of reality. Canadian oil is even more vulnerable to global price drops than most. - 1 more reply
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@WSJ Someone *has* been saying this for a while; since 6/23/14 - exactly 1 day before Brent Crude peaked & began its crashThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ And that's why we're already talking about $20/barrel oil. That, & a panic when everyone figures it out at once.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Anyone left in oil will be selling feedstocks & lubricants. For a company, not a country, that's still immense.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ But what of oil, gas & coal, and everyone who finances them? And the trillions tied up in their fate?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Indias's exit strategy is easy: Incredibly cheap, clean energy w/benefits in the hands of the poorest villager? No plan neededThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ By way of vision or happenstance, they broke the ground for a change that is already in motion.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ And all of it rolling out rapidly after they were notified the day this tech hit public domain in 2011.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ ...Created a portable indoor NG fuel cell, created NG-truck fueling stations nationwide for major shippers...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ .@WhiteHouse added .@ErnestMoniz - the world's foremost advocate of natural gas as a bridging fuel to renewables...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Either way, .@BarackObama has stolen a 5-year march on you, *without* blowing up his international negotiations. Be advised.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ You have had over a year since we sheared away 50%+ of oil's revenues. You won't get another. Make a plan.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Again, this went public 6/23/14, crashed oil in +/-6 months, paused for a year. Has anyone else made any plans?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ The frightening thing is that the Saudis may be among the few rational actors who see what is going onThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Over 1 billion people are obliged to take the Hajj. When they can all afford to, Saudis replace oil w/a larger industry.Thanks. Twitter will use this to make your timeline better. UndoUndo
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