Rob Carlson

🤔

@AGeorgeMichael @Computron200000 Yep.

@Computron200000 @robcarlsonca EVERYONE in Alberta is in the oil business. Whether they like it or not.

Wild idea. How about we let the provinces in green below come up with a plan to grow GDP, while the provinces in red sit quietly and take notes.

My 12-year-old depends on me financially. Spends everything I earn. Credit card maxed out. 🤷‍♂️ Now she wants to build a high-speed railway 🚂 from her bedroom to the kitchen. She’s said she’s going to pay her friends to build it to save money, and there’s a good chance she’ll get some of that money back off her friends, but she will probably keep that to herself. I said we can’t afford it, and even though the idea is nice there’s five of us living in the house and she’s the only one who’ll be able to use it. So even though I said “no” she’s going to the bank 🏦 , borrowing in my name, and telling me I’ll have to pay it off later. And apparently I don’t get a say. Sound familiar? #cdnpoli #onpoli #canada

@Scruffyboy54 I suspect if you included 2023 to 2025, BC would be in the red, and Saskatchewan would be in the green.

@robcarlsonca What is BC doing in there? They are a total economic disaster.

Hear me out here - MULTIPLE high speed rail lines. Have them running to East/West coasts. But make them underground. And shape them like a tube. And don't put trains or people in them - put crude and nat gas in the fucking things

Does BC speculation and vacancy tax still apply? There is an exemption for reserve lands, treaty lands and lands of self-governing Indigenous Nations. I would have thought that included all of BC by now.

Tomorrow the industrial carbon tax is set to increase again. I’m in tears because I have never felt more proud to be Canadian in my life. Tax me harder daddy ❤️

Look at the difference between the Henry Hub price of natural gas and the price of natural gas in Asia, then consider how stupid Trudeau would have to be to say there is no business case for exporting natural gas...

👀 Canada’s energy policy has come full circle. To reduce electricity demand and risk of blackouts, Yukon is cutting EV subsidies and instead is incenting propane and heating oil for home heating.

How Bad Is It That Canada's Economy Is Completely Dependent On Tax Policy? Canada has gone down such a wrong road Yesterday an announcement changing a Tax Policy was done to save the Residential Construction Industry From a Tax Policy that killed the Construction Industry 2/

Isn't this like paying it twice? 🤨 Canadians can’t afford the insane development fees, so Carney & Ford aren’t scrapping them ... they’re subsidising them with $8.8 billion of your money. The fee still gets paid. You just foot the bill. Absolute madness 🙃

We should have spent more on green energy, say the media. No, we shouldn't have. The $2 trillion we spent did nothing to prevent the energy crisis and may even have caused it.

When you are FAR left, everything seems like a movement to the right...

Canadians are currently being forced to endure “the longest decline in individual living standards of the last 40 years.” A very sad state of affairs. 💔🇨🇦

Canadian workers earn 55 cents for every dollar that American workers get. After a decade of anti-growth Liberal policies, we produce less, move less, and earn less. We don't have to accept decline. We must get government out of the way to green-light projects, attract investment, and grow paycheques at home.

Four weeks in, my base case is for no diplomatic resolution. The historical hit rate with regimes of this type is effectively zero. Thus, the Strait carries a lasting risk premium even post-conflict. Supply normalization is slow & partial until workarounds are fully in place. Particularly the Saudis & UAE won’t negotiate. They think in generations, not weeks. Becoming a hostage of Iran is not an option. The upside case is an unusual military success, but irrelevant for oil and the risk perception of the Strait unless the regime falls. Downside case is more oil and gas assets damaged. The overarching problem here is that this conflict and its post-war order effectively took OPEC core (Saudis; UAE; Kuwait) spare capacity out of global barrel counting. So we basically lost another 4-5mbpd that nobody pays attention to - yet..! That’s a huge issue. As u should know by now if u followed me long enough, the availability of spare is a big part of oil price formation. If it reduces, it’s generally bullish. If it increases, it’s (net) bearish (which is why OPECs physical barrel management worked effectively poorly over decades). Please remember that I was a structural oil bull bw 2018-2022 (ex 2020 obviously) and switched bearish starting in August 2022. In fact, I was max bearish just before this crisis. We faced a physical glut which was best visible in crude differentials. Not anymore. Now we have a laundry list of issues that generalists have an imperfect understanding of yet. Spare capacity gone; crude quality mismatches; transportation bottlenecks; restarting fields; demand destruction requirement; etc. Nothing is an easy and fast fix here and where I sit. Let’s adapt.

Am I going to be the guy, that breaks it to Canadians, that the $130,000-no-HST housing rebate, announced today by Ford and Carney, has NO citizenship requirement? During a housing crisis. FOR CANADIANS. Come on bro 😭

(Steve Nease @neasecartoons - Toronto Today)

NEW: Global News has learned the RCMP executed search warrants at the homes of former Calgary mayor Jyoti Gondek, and current Ward 10 Coun. Andre Chabot last week seizing cell phones. globalnews.ca/news/11743669/…